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Invezz 2024-12-11 21:05:09

WhiteBIT launches Nova card, a crypto debit card with 10% cashback

WhiteBIT launches Nova card, a crypto debit card with 10% cashback

WhiteBIT, a leading European cryptocurrency exchange, has launched the WhiteBIT Nova card in partnership with Visa and Wallester AS. This innovative debit card enables EU residents to seamlessly spend their digital assets on everyday transactions while earning up to 10% cashback. Designed to integrate cryptocurrencies into daily life, the card bridges the gap between blockchain technology and traditional financial systems. It offers multiple user benefits, including support for major cryptocurrencies, no service fees, and flexible cashback options. Key features of the WhiteBIT Nova card The WhiteBIT Nova card offers EU users a unique financial tool with several standout features: Zero service fees: The card comes with no fees for opening, maintaining, or closing accounts, making it highly accessible. Users can activate it without any initial deposit or upfront costs. Physical and digital options: Cardholders can choose between digital and physical cards. Physical cards allow higher spending limits and ATM withdrawals and can be delivered within 10 business days for €10. Multi-crypto support: The card supports a wide range of cryptocurrencies, including BTC, ETH, XRP, SOL, ADA, and more. This flexibility lets users spend their preferred digital assets on everyday needs. Customizable cashback rewards: Cardholders can earn cashback in BTC or WhiteBIT Coin (WBT) across categories like groceries (1%), dining (3%), and subscriptions (10%). Users can select up to three categories and adjust them daily to maximize benefits. Referral bonuses: The card also includes a referral program, rewarding users with 1 USDC for each friend who activates a card through their link, up to 50 USDC. Secure and versatile functionality The WhiteBIT Nova card integrates with Apple Pay, enabling secure contactless payments. With spending limits of up to €10,000 daily and €25,000 monthly, the card caters to a broad spectrum of users. WhiteBIT CEO Volodymyr Nosov highlighted the card’s mission to enhance crypto adoption: “The WhiteBIT Nova card is a significant step in making cryptocurrency a practical option for everyday transactions. It reflects our commitment to fostering blockchain technology’s mass adoption and creating an inclusive financial future.” The card is issued by Wallester AS, a licensed payment institution authorized by the Estonian Financial Supervision and Resolution Authority. Simplified application and usage EU residents can easily apply for the WhiteBIT Nova card through the WhiteBIT platform. Once verified, users can start spending immediately with a virtual card or order a physical card for extended functionality. The card is tailored for simplicity and convenience, supporting diverse spending needs, from groceries to subscriptions. The post WhiteBIT launches Nova card, a crypto debit card with 10% cashback appeared first on Invezz

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