The multicurrency exchange, Binance along with TravelByBit has announced the idea of cryptocurrency-backed rewards card. The TravelByBit app will allow bookings with the help of crypto in 2020 and rewards will be credited to these cards. The cryptos supported will be BUSD, BTC, BNB, and ONT. The card can also be used as prepaid debit cards.
The card is not yet released. However, Binance plans to release the rewards card in Southeast Asia, Australia, and Europe in the initial phase. Other countries will soon follow once the card is launched. With Binance having access worldwide, TravelByBit hopes to make crypto payment a feasible solution for its users.