I am fortunate to be one of 1000 Early Access users for the Fold card, a soon to be released Visa Debit Card which offers bitcoin back on purchases. Just last week they sent out some emails leaking features of the card.
If you didn't know, Fold is an app that allows you to buy gift cards with your normal debit or credit card, and receive bitcoin back in the form of satoshis.
You can get 20,000 free satoshis just for signing up!
But now with this Visa card on the horizon, Fold is becoming even more of an amazingly innovative addition to the crypto ecosystem, and is definitely helping to drive crypto adoption.
Let's check out some of the leaked featured of the card!
Fold is going to offer yield on the satoshis you keep in your Fold account. The photo says 10%! What!?! This would be amazing to get bitcoin as cash back, and then earn 10% APY on that bitcoin too.
Spin the wheel with each purchase, which means a sats boost or some other multiplier or fun option. And with a chance to go head to head with their algorithm each spin, who knows, we could be on the fortunate side of technology and be some of the random winners of 1 full bitcoin!
If you shop on Amazon, Fold is already a great option to stack sats, as they offer Amazon gift cards with a bitcoin back rate of 2%. But whoa! Looks like with this card we'll be getting 5% back on Amazon, 8% on Doordash, 4% on Starbucks, 10% on Dominos etc, so it's awesome to know some specific retailers offer higher percentages cash back.
10% cash back on rotating categories! I'm guessing these could be categories such as grocery, gas, travel, e-commerce etc. This is awesome! They're definitely creating a competitive card.
And for the final leak, you'll have to visit the website on the photo :)
There you'll get to see even more of the features and bonuses available when the card drops soon.
I can't wait to get mine soon, and when I do I'll post here and share my experiences.
Thanks for reading, and I hope this has helped you on your crypto journey.
For more on on navigating the world of crypto, visit LearnHowToCrypto.com
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