- European cryptocurrency exchange WhiteBIT partners with Visa to launch a debit card for crypto payments.
- The WhiteBIT Nova card offers cashback benefits and supports a range of digital assets.
What happened: WhiteBIT’s crypto-friendly Visa debit card launch
WhiteBIT, a leading European cryptocurrency exchange, has announced a strategic partnership with Visa to introduce the WhiteBIT Nova debit card, which is designed to facilitate crypto transactions with cashback benefits for all users . This new offering transforms everyday spending by allowing users to seamlessly spend their digital assets while earning rewards . The card is designed to meet all daily needs, making it easier for users to integrate cryptocurrencies into their daily lives .
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Why it is important
The launch of the WhiteBIT Nova card is significant as it represents a major step in making cryptocurrency a practical choice for everyday transactions, particularly in Europe, which is a key market for WhiteBIT’s growth . The card not only enhances accessibility but also offers a more inclusive and rewarding financial future for all users . This initiative is expected to foster the mass adoption of blockchain technology by bridging the gap between digital assets and traditional spending . The card supports a wide range of digital assets, including USDC, BTC, ETH, XRP, SOL, NEAR, ADA, AVAX, WBT, and DOGE, providing users with flexibility in how they spend their crypto . Additionally, the card offers cashback up to 10% for all cardholders, paid in BTC or WBT (WhiteBIT Coin), across various categories such as groceries, food/restaurants, medicine, taxi, pet supplies, and subscriptions . This feature makes the WhiteBIT Nova card the first of its kind to offer cashback as a standard feature to all users . The card also integrates seamlessly with Apple Pay, allowing for secure and convenient contactless payments using crypto . This development is crucial for the cryptocurrency industry as it provides a practical solution for spending and earning rewards with digital assets, potentially driving further adoption and integration of cryptocurrencies into mainstream financial services .
