Crypto exchange Gemini has partnered with Mastercard and WebBank to launch crypto reward credit cards. Gemini announced the partnership on the 27th of April.
Crypto rewards credit card holders will get up to 3% back in Bitcoin on qualifying purchases. In addition, the cardholders will get a 3% reward when they make purchases using the more than 30 crypto assets that are available on the Gemini exchange platform.
Furthermore, qualified cardholders will automatically get their full rewards in their Gemini accounts as the cards will have no annual fee.
Tyler Winklevoss, who is also the CEO of Gemini, commented on the partnership. Tyler said the Gemini Credit Card would give crypto consumers an easy point of entry into the ecosystem. He added that users would also be able to easily earn crypto as a reward.
He further stated:
Image Credits: Pixabay