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- Strike, the crypto payment app, announced its add-on feature with a new visa card.
- It will benefit the user to earn rewards on crypto payments.
The New Feature Of Crypto Payment App, Visa Card
The CEO of Strike, Jack Maller, said a latest visa card is all set to pair with its crypto payment app. While Strike, shared a post on Twitter, which stated about its Strike Card. It will be used anywhere and everyday to earn the rewards. On Thursday evening, Strike Tweets that the users, “take Strike anywhere and earn rewards on everyday spending.” And this will start with a wishlist.
The well-known crypto app, Strike, works on the Lightning network. It boosts bitcoin transactions with its Layer 2 protocol design. Strike also came into the spotlight in April, when the CEO, Jack Maller, announced its deal with the E-commerce company, Shopify. In that deal, the merchants can accept the payments in crypto but receive dollars.
However, the Strike user can use the new card for different purposes. Like, direct deposit, BTC buy, payments in BTC, send and receive money, spend money through Apple Pay or Google Pay and especially for earning rewards.
In Addition to, approx 1% of all profit associated with new cards will be donated to the open-source bitcoin development. Furthermore, the Lightning network raised around $70 million in Series B funding round in April. While Lightning Labs supports the development of the Lightning network. It also received support from the investment management companies Valor Equity and Baillie Gifford.
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The add-on feature on Strike app will attract crypto users to earn more and more rewards over their spendings. It must be noted that Strike offers quick global payments as it works on the Lightning network.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
