Get Some Bitcoin Now has announced the launch of the BlockFi Visa Bitcoin Rewards Credit Card. Cardholders can earn interest on their purchases paid in bitcoin. The card also pays interest on other cryptocurrency assets that are deposited into the BlockFi wallet.
More information can be found at: https://getsomebitcoinnow.com
The launch of the BlockFi card allows cardholders to earn Bitcoin through ordinary purchases made in USD, allowing them to build their own cryptocurrency portfolio. The value of bitcoin has increased over the last few years and many people are looking for a way to invest. By owning bitcoin, investors can build a portfolio of digital assets that have the potential to significantly increase in value over time.
Bitcoin is a decentralized digital currency invented by Satoshi Nakamoto in 2008. Bitcoin can be moved between users without the need for intermediaries such as banks and can be exchanged for other currencies, products, and services. It is estimated that there are 3 to 6 million users with a Bitcoin wallet.
BlockFi cardholders are able to join this movement by earning 1.5% in Bitcoin rewards with every purchase using standard currency. The card can be used wherever Visa is accepted, either in person or online. Their earned bitcoin will be stored in their Bitcoin wallet. On top of rewards, cardholders will earn interest on all assets in their Bitcoin wallet. All bitcoin rewards will be transferred to a unique BlockFi interest account monthly and start accruing interest immediately.
Once users have applied for a reward card, they can open a BlockFi account and can earn additional income on other crypto deposits, such as Ethereum, Chainlink, and Litecoin. Currently, users can earn up to 8.6% on selected crypto and the interest is compounded monthly. Cardholders can purchase Bitcoin using a service called Coinbase and send it to their BlockFi wallet address. Only BlockFi cardholders can earn interest on their crypto.
There are more bonus rewards currently on offer; cardholders will gain $250 in Bitcoin as a signup bonus if they spend $3,000 within their first three months. Cardholders will also earn 3.5% Bitcoin rewards on all purchases in months 4-6 of card ownership, up to $100 in Bitcoin.
The BlockFi Visa Bitcoin Rewards Credit Card will start shipping in the spring of 2021 to US residents in qualified states. The card has an annual fee of $200.
Get Some Bitcoin Now explains the benefits of owning a BlockFi Visa Bitcoin Rewards Credit Card and discusses how users will also be able to earn interest on cryptocurrency which can be purchased at Coinbase.
One cardholder recently said: “When I opened my account, the customer service department was very prompt in answering my questions. I found them to have all the reporting I would need for tax purposes and I was pleased that they were backed by some big names in the financial world and have a great leadership team.”
Interested parties can find more information at: https://blockfi.com/credit-card-waitlist/?r=aiiSf
Release ID: 89012585