ME News reports that on June 4 (UTC+8), Bitcoin lending platform Lava launched the Lava Card, a Visa credit card with no annual fee, no foreign exchange fees, no currency conversion spreads, and no minimum spending requirements. All Lava Card users earn 5% Bitcoin cashback on purchases made at Amazon, Apple, and Netflix. The Lava Card is a secured credit card; users can only spend the balance in their card account or borrow USD against Bitcoin collateral. (Source: Foresight News)
Bitcoin lending platform Lava launches Visa credit card with 5% BTC rewards
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Summary
Bitcoin breaking news: On June 4 (UTC+8), Bitcoin lending platform Lava launched its Visa credit card, the Lava Card. The card has no annual fee, no foreign exchange fees, no foreign currency spreads, and no minimum spending requirement. Users earn 5% Bitcoin rewards on purchases at Amazon, Apple, and Netflix. The Lava Card is a secured credit card that allows users to spend their card balance or borrow USD using Bitcoin as collateral. This Bitcoin news represents a new milestone in crypto financial tools.
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