Spend Cryptocurrencies at Top Brands, Earn Pay Rewards
09 Jun 2023
Enables US Users to Spend Cryptocurrencies at Leading Consumer Brands and Earn Pay Rewards.
A prominent cryptocurrency platform has announced an exciting new feature exclusively available within their app for US users. These users can now utilize over 30 different cryptocurrencies to make purchases at more than 150 leading consumer brands across various industries, including fashion, grocery, electronics, and more. Moreover, users will have the opportunity to earn up to 10% in Pay Rewards on qualifying purchases made in CRO, the native cryptocurrency of the Crypto.com platform.
By heading to Crypto.com Pay within the app, users can explore the extensive list of brands participating in this program, which includes renowned names such as Apple (NASDAQ: AAPL), Nike (NYSE: NKE), Walmart (NYSE: WMT), Ray-Ban, and GameStop (NYSE: GME). This integration with top brands not only offers convenience and flexibility for users but also presents an exciting opportunity for cryptocurrency adoption in everyday transactions.
To facilitate seamless and secure transactions with these premium brands, US customers can take advantage of the new One-Time Card function. By creating a single-use One-Time Card, users can make purchases using any of the 30+ supported cryptocurrencies, including CRO, BTC, ETH, and USDT. This feature ensures that users can transact with confidence while enjoying the benefits and rewards offered by the Crypto.com platform.
For a step-by-step guide on how to utilize this new feature and begin making cryptocurrency-based purchases, Crypto.com provides a video tutorial to assist users in understanding the process and getting started promptly.
It’s important to note that while this service is currently available to users of the Crypto.com App in the United States, the company plans to expand access to additional markets in the near future, broadening the reach of cryptocurrency payments and rewards.
Crypto.com’s Pay Rewards and Participating Merchants
By utilizing the Crypto.com App to make purchases at specific merchants listed within the app, users can earn Pay Rewards. These rewards are designed to provide additional incentives for using cryptocurrencies in day-to-day transactions. However, it is crucial to understand that the rewards are only applicable to purchases made from the participating merchants within the Crypto.com App.
To ensure a fair distribution of rewards, there is a maximum monthly limit of US$100 per user. It’s worth noting that if a payment is canceled or refunded, any benefits or rewards associated with that particular transaction will be forfeited.
Independently Established Promotion with No Affiliation to Participating Retailers
Crypto.com has independently launched this promotion, establishing a seamless integration between their platform and the participating retailers. It’s important to clarify that there is no official affiliation or partnership between Crypto.com and the aforementioned consumer brands. However, through this innovative feature, Crypto.com aims to bridge the gap between traditional retail and the crypto ecosystem, facilitating the adoption of cryptocurrencies as a viable payment method.
Crypto.com’s latest offering for US users of their app allows for the spending of cryptocurrencies at over 150 leading consumer brands, providing a convenient and exciting way to utilize digital assets in everyday transactions. By integrating with major names like Apple, Nike, Walmart, Ray-Ban, and GameStop, Crypto.com enhances the utility of cryptocurrencies and promotes their acceptance within mainstream retail.
The introduction of the One-Time Card function within the Crypto.com App ensures secure transactions with these premium brands, empowering users to make purchases using a wide range of supported cryptocurrencies. Additionally, the opportunity to earn Pay Rewards on qualifying transactions further incentivizes the use of cryptocurrencies and encourages users to explore the benefits of the Crypto.com platform.
While the service is currently exclusive to US users, Crypto.com has plans to expand its availability to more markets in the future, making cryptocurrency payments and rewards accessible to a broader audience.