The card enables real-world purchases with crypto-to-fiat top-up capabilities on Mastercard® international cards
Provides access to 53 million merchants in 210 countries around the world
ROAD TOWN, British Virgin Islands, September 15, 2023 (GLOBE NEWSWIRE) — BTSE, the leading digital asset exchange, today announced the launch of its exclusive BTSE card, global consumption card. The Euro-denominated BTSE Card can be topped up with cryptocurrency and used globally to make purchases with fiat currencies online and offline through Mastercard’s global commerce network. Users can also withdraw cash anywhere Mastercard is accepted, with preferential rates on withdrawals within Europe.
As traditional financial institutions continue to explore and build payment infrastructure to support digital assets, the launch of BTSE expands the scope for using cryptocurrencies for everyday purchases. As BTSE continues to witness growing demand from customers who want to easily use their crypto assets and trade profits, the company aims to seamlessly integrate crypto payments into users’ daily lives.
The BTSE Card stands out among its peers for its truly global reach and convenient crypto-to-fiat top-up capabilities.Cardholders can make purchases at any Mastercard store 53 million merchants in 210 countries and regions, enjoy a high transaction limit of €15,000. With the physical card in hand, users also have access to Mastercard’s global ATM network, with an ATM withdrawal limit of €2,000.Cardholders can recharge Tether (USDT) or USD Coin (USDC), Bitcoin (BTC), Ethereum (ETH), and Euro (EUR) Directly on the BTSE platform.
“Users will be able to use their BTSE balances in a variety of scenarios, from retail to e-commerce, travel and more. This reinforces our intention to create the best products for our users and enable the use of cryptocurrencies globally.” said BTSE CEO Henry Liu.
“With the BTSE Card, BTSE users can benefit from the convenience of Mastercard’s vast global network. Payments are one of the most compelling use cases for cryptocurrencies and an area with huge untapped potential. I believe our BTSE Card will become An important step towards global acceptance of cryptocurrencies, leading to wider adoption.” said Jeff Mei, chief operating officer of BTSE.
Interested BTSE users can proceed with card application after completing KYC verification. The annual subscription fee of €40 will be refunded to users who have made a minimum recharge of €12,000 in a calendar year.
The new BTSE card will be open to all approved BTSE users except individuals and entities within the exchange. sanctions listto maintain the company’s high compliance standards.
BTSE is a leading digital asset exchange offering a simple and secure way to trade cryptocurrencies. As the premier exchange for all cryptocurrencies, BTSE is one of the most trusted cryptocurrency platforms for institutions, retail users, and first-time traders. BTSE has developed a variety of trading technologies that have been adopted throughout the industry, setting new standards for excellence and innovation in digital asset trading. In addition, BTSE licenses its industry-leading technology to exchanges around the world through its white label exchange solutions, thereby strengthening the BTSE ecosystem and building a bridge between traditional finance and digital assets around the world.
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