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From: Free Thinking Doggie |
Coinbase news...
Coinbase to Launch Amex Credit Card Offering 4% Bitcoin Rewards
Coinbase said it will introduce the Coinbase One Card, an American Express-issued credit card that returns up to 4% of each purchase in bitcoin. Roll out is slated for the fall.
Cardholders will also earn bonus interest on USDC deposits, enjoy higher staking yields and receive free transaction credits on Base, Coinbase’s Ethereum layer 2.
The company did not list an annual fee, positioning the product against cash-back cards that charge for membership. American Express already dabbled in crypto rewards through a 2022 partnership with wallet provider Abra.
The announcement landed during Coinbase’s State of Crypto Summit in New York. There, executives also signaled they are working with the Commodity Futures Trading Commission to make perpetual futures contracts available to U.S. users, a product now limited to clients overseas.
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Current Thread | Author | Time | | Free Thinking Doggie | 12:43:04 |
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