- Gemini merges with Blockrize to launch a crypto rewards credit card.
- The Credit card will launch later this year, waitlisters will receive early access.
- The card allows users to earn up to 3% back in crypto on every purchase.
Gemini announced the launch of its waitlist for their new credit card. This credit card will allow its users to earn Bitcoin or other cryptos as rewards through purchases. The card will be launched later this year.
The credit card comes as a reliable and safe product on a simple platform. Blockrize’s rewards program on the card allows its users to earn up to 3% back in crypto on every purchase. For instance, they can even earn Bitcoin if they choose.
CEO of Gemini, Tyler Winklevoss said that the best part about the credit card is that consumers don’t have to take any extra measures. They can continue to shop as usual and make some crypto along the way. The card will process payments and deposit rewards automatically into the users’ Gemini account.
To clarify, the card does all the investing for its holder. It gives consumers the perk of not having to learn the workings of cryptocurrency to buy and own them. Moreover, users get to skip making decisions like how and where to buy crypto.
Gemini customers who joined the waitlist, along with over 10,000 others already on Blockrize’s waitlist are all treated to early access before the official launch of the credit card.
Gemini Trust Company is a brand that allows its customers to store, buy and sell over 30 crypto tokens including BTC, BCH, ETH, LTC, and more. The company was happy to announce its merger with Blockrize — its second acquisition. The first being with Nifty Gateway back in November 2019.