The Fold card is a new way to earn bitcoin rewards for everyday purchases. It’s a prepaid Visa debit card that lets you earn rewards in bitcoin every time you buy something through its online app.
You can get a card for free or pay $150/year for Spin+ which includes more rewards like a bonus % back in Sats or even $500 in bitcoin. Also, there’s a chance to win extra spins on the rewards wheel after each purchase.
The fold card is a cryptocurrency rewards debit card that lets you earn bitcoin with every purchase. It also offers a chance to win extra spins on the reward wheel. This wheel has a variety of prizes, including a chance to win up to 100% cash back on your purchase!
The card also has a number of other perks. For example, it charges no international transaction fees and has no annual fee. It also has a low minimum balance requirement. Moreover, it is very easy to get a card, as all you need to do is complete the KYC and AML process.
Another great feature of the fold card is its augmented reality experience. The company has partnered with Niantic, the creator of Pokemon GO, to create a unique Bitcoin AR game that allows users to track and collect merchant and BTC rewards in real-time. This gamification aspect of the card makes it stand out from its competitors.
The Fold Card has a small fee associated with it. The fee is 1.5% of each purchase you make with the card. Despite this, the fees are still less than those charged by most other debit cards. In addition, Fold is a great way to earn bitcoin and save it in your wallet.
Fold is also introducing Spin+, a new way to earn rewards. This new feature allows users to automatically earn 1% on every purchase. It also lets users earn Spins that can be used to spin the new reward wheel in the app.
Each spin can win a range of prizes, including up to a full bitcoin. These rewards are then withdrawn to the user’s wallet. The rewards remain in the wallet until a user wishes to transfer them. Currently, Fold only allows withdrawals to on-chain wallets like Coinbase and native Segwit addresses. This helps the company avoid paying high credit card transaction processing fees.
When you use the Fold app and debit card, you get bitcoin rewards for every dollar spent. The card is free to use and does not have an annual fee. It also comes with a virtual wallet that allows you to deposit funds using a bank account or ACH system.
The rewards in sats can vary from 25% of your purchase back to 1 BTC. The value of the coins is based on the current price. The rewards are calculated daily and can be redeemed at participating merchants.
In addition to the Fold app and debit card, the company offers a bitcoin-based AR game and stacks with Niantic (the developers of Pokemon Go). It has a number of promotions that can earn you extra spins or even a full refund on your purchases. However, the company has been cautious in terms of its marketing, especially with a Bitcoin market that is in decline. As a result, the company is focusing on building tools for Bitcoin users.
The Fold card is a prepaid Visa debit card that lets you earn cashback rewards in bitcoin. You can load your card with a one-time deposit or through recurring ACH transfers from your bank account. Once loaded, you can use your card online and in-person anywhere Visa is accepted. The average purchase provides 3% in bitcoin cashback.
You can also use your card to make in-app purchases. These are rewarded in satoshi, the smallest unit of bitcoin. However, the value of your satoshis is volatile and can decrease or increase in price over time.
Fold offers a daily spin wheel that gives you a chance to win a prize like a bonus 1% back in Sats or $500 in Bitcoin. The prizes are constantly changing so it’s worth checking the Fold blog regularly. You can also get a spin for every qualifying purchase made using the Fold Card. This is an excellent way to earn more bitcoin rewards.