LBank, the leading cryptocurrency exchange, will soon launch the world’s first unlimited cryptocurrency credit card, aiming to break the barriers of cryptocurrency payments. The card, available in both virtual and physical form, allows users to make consumer payments directly with cryptocurrency through LBank’s credit and also supports local ATM withdrawals.
LBank’s nearly 9 million users are expected to begin using this card in the third quarter of 2023, and the exchange’s VIP users will receive exclusive early access rights. The credit card connects to LBank users’ digital assets and can be used on various payment platforms such as Google Pay. After obtaining the card, the app enables a detailed view of every charging and consumption record, so that users stay informed about their financial status at all times.
By using this card, LBank users can use their assets on the exchange or withdraw assets in the form of fiat currency. The card does not have the quota limitations of regular credit cards; both consumption and withdrawals are unlimited. LBank’s technical team indicated that more detailed information on payment options, such as fee levels, will be announced as the card’s launch date approaches.
Users who wish to obtain the LBank credit card can order it from the exchange’s website. The card comes in several options, including a metal version. Certain users can also purchase a specially offered VIP version that offers up to 2% cashback when used.
“An important point for us is that users from all over the world can order and use our credit cards. Our vision is to make crypto assets more secure and free of circulation. Launching our own credit card is an important step in achieving this goal,” said Eric He, the founder of LBank.
Disclaimer: This is a paid post and should not be treated as news/advice.
