Fold, a popular Bitcoin reward app has raised $13 million in a Series A funding round. The funding round was led by Craft Ventures with participation from M13, Slow Ventures, and Bessemer Venture Partners. Fold offers its customers rewards in Bitcoin against card payments instead of traditional points, airplane miles, or cash rewards. Fold CEO,
When it comes to financial transactions and payments, one of the things that have become part and parcel of every traditional financial system is a card. Whether debit or credit card, owning a card has become sort of a necessity and for a good reason. With a debit card, users can easily access their funds […]
Cryptocurrency cards are the modern way to spend bitcoins for purchases even if the vendor doesn’t accept cryptocurrency directly. However, users worldwide face multiple issues while using these crypto cards, including the inability to pay everywhere, bad customer service, bad exchange rates, high fees, and even closed or frozen accounts with money lost.
The search for mainstream adoption remains a central theme in the cryptocurrency space, and crypto debit cards have been seen as a great way to bridge the gap between traditional finance and digital currencies. Bitcoin debit cards allow both cryptos and fiat currencies to integrate in a usable way and cards holders can transfer funds [...]
People call them bitcoin credit cards, but it’s more accurate to call them bitcoin debit cards. You load up one of these cards with your bitcoin (or other cryptocurrency), then spend it like a traditional credit or debit card.