BlockFi crypto credit cardholders are getting a better deal than expected, thanks to rising bitcoin price

In July, major crypto lender BlockFi officially launched its credit card that lets customers earn cryptocurrency rewards based on spending. Today, the company said the number of BlockFi cardholders has grown to over 50,000 in the last three months.

Unlike cryptocurrency debit cards offered by companies like BitPay and Coinbase – which let customers spend their crypto – the BlockFi credit card incentivizes users to spend U.S. dollars in order to earn crypto.

BlockFi first announced its…


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