Cryptocurrency credit cards could prevent payment and identify fraud at once There’s no doubt that cryptocurrency has taken the financial world by surprise. And as a result, we have started to witness the emergence of innovative financial products such as crypto credit cards, which enable users to spend their virtual currency in the real world. […]
Let’s debunk what crypto credit cards actually are and how they work In spite of popular belief, the so-called crypto credit cards that you get from traditional banks are not true cryptocurrency cards because they don’t allow you to spend in crypto. You actually transact in fiat currencies such as USD, GBP, EUR or JYP. […]
Think of free credits on your card as free money for you to spend. It’s the reward that we extend to our new cardholders as a token of appreciation for signing up. You could use the free credits to spend like cash at our merchants’ stores or our online shop. These complimentary credits also assist […]
After barely a month into our operation, CryptCard won the second prize in the 2022 North American edition of the Polkadot hackathon, under the DeFi category. CryptCard’s submission was entitled “Acala aUSD Credit Card” and it won a prize of USD15,000 for its effort. The global online event lasted from May 30 to July 13 and […]
Learn the different options of loans in the DeFi ecosystem It goes without saying that there are many types of loans by lending protocols in DeFi and the current dominant version is over-collateralized loans. However, uncollateralized lending is beginning to appear where lending protocols are offering loans without asking for collateral deposit from you. Now, […]
