Lava Card Just Launched a Visa Credit Card That Pays You in Bitcoin — Here's How It Works
(121 days ago) · 1 source · Summarized by CryptoBipto — how we make this
Lava Card has launched a secured Visa credit card that gives users Bitcoin rewards on every purchase. The card operates on the Visa network, making it widely accepted, while channeling cashback-style rewards into BTC. It's a secured card, meaning users put up collateral to access a credit line.
WHY IT MATTERS
Think of this like a cashback credit card — except instead of getting dollars back, you get Bitcoin. Every time you swipe the card at a store or pay for something online, a small percentage of your purchase is converted into Bitcoin and added to your account. A 'secured' credit card means you have to put down a deposit first (like a security deposit on an apartment), which makes it easier to get approved even if you don't have great credit. For people curious about Bitcoin but intimidated by exchanges and wallets, a card like this lets them start stacking small amounts of BTC just by buying groceries or gas.
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