Hello Everyone
We all are going through a good time in the cryptocurrency market because prices are up and some other good things are happening. ETH 2.0 is also one of the biggest thing that we can not ignore and even many exchanges are working to bring innovation in crypto.
BlockFi, which is one of the popular crypto lending company is going to launch their credit card in the US soon, and they have started taking the application. Although currently open in the waitlist and those who apply now will be considered first once its available.
We already have the debit card in place by a few of the companies and crypto.com is the one having a variety of crypto cards in various countries worldwide but a Credit card is a new thing for sure. I never heard about it before and its going to be the first-ever crypto card that blockfi will be launching soon.
Blockfi was started in 2017 and its quite popular in crypto lending services which pay up to 8.6% APY on various crypto coins.
This will be the first-ever bitcoin credit card and another great thing is that it will give 1.5% cashback in every purchase by the card. This card is exclusively available for their users who have funded their account so if you want one then you must create an account and fund if you don't hold an account.
The waitlist is available exclusively to BlockFi clients. Any clients with a funded BlockFi Interest Account can join the waitlist.
Check out this video for more details about the card and promo-
Such products and much more innovation in crypto are needed. This year we heard about the crypto saving account, Crypto Debit card, and now this credit card. So basically more banking things are coming to crypto and it will help to bring the people over here who are looking for investment and even some sort of banking features and benefits. As of now, the only bank issues credit card but this will be a thing of the past with this innovative crypto credit card.
Currently its available only in selected states in the US so if you are in the United States then check out if you are in the area where it will be available soon. I like this product but its not available in India and they have also not shared any update for the same. I am certainly looking forward to having it soon in India so will keep an eye on the BlockFi.
thank you so much everyone for reading my post
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