Cryptocurrencies are here to stay. This statement is made abundantly clear by the fact that the crypto market has grown by over a thousand percent within the past 4 years. However, mainstream adoption of blockchain based payment services is still a problem.
This is where Blockrize comes in.
What Is Blockrize?
Blockrize is an American startup that provides users with a financial system designed to facilitate crypto use. To further elaborate on this point, we can see that the company offers customers with the blockrize card— a credit card that enables users to receive cryptocurrency rewards on every regular transaction.
As mentioned earlier, the blockrize card is essentially a physical credit card that is issued to holders through the use of a partner bank. Once the card has been approved off, users can spend their money as usual, but receive their rewards in the form of crypto assets of their choice.
Additionally, when users make a purchase, they are eligible to receive 1% crypto back. This money is then stored in a digital wallet which can then be accessed anytime through the use of a special blockrize account.
At this point, it should be clearly mentioned that the blockrize card only allows customers to utilize US dollars and not cryptocurrencies for regular payments.
Blockrize Earn BTC & ETH Crypto Credit Card Rewards Advantages
As per statistical data, crypto rewards are nearly 16-17 times more profitable than regular incentives that are obtained through the use of credit cards.
Multiple Functional Options:
As of now, customers have the ability to receive their bonuses in the form of either Bitcoin or Ethereum (two of the biggest crypto players in the market). However, the website claims that platform developers are actively looking to incorporate a wider array of additional currencies as well.
All of our earned cryptos can be transferred to a central wallet and then used for facilitating everyday transactions.
Blockrize makes use of a wide array of security protocols including SSL, 2FA and AES-256 bit encryption (for wallets and private keys).
No Fees On Rewards:
While regular banks are known to charge exorbitant exchange fees on each and every transaction, blockrize does not charge any taxes or processing fees on the received rewards.
Through the use of the official blockrize app, customers can easily pay their credit card fees as well as check out their purchase and rewards history.
How Do I Sign Up With Blockrize?
To start proceedings off, users need to join the blockrize card waitlist. This can be done by entering one’s name and email on the official company homepage. Following this step, users are required to apply for the blockrize card. However, the card will only be issued when the technology is officially launched later this year.
In addition to all of this, users are also required to set up a digital currency wallet before they receive their card.
For any further details, questions or queries, users can get in touch with company reps either via email or phone.