SHIB, ADA Users Can Now Enjoy 8% Cashback on Binance Card Purchases: Details

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Tomi­wabold Olajide

Cryp­tocur­ren­cy users to enjoy 8% rewards while spend­ing on Binance Card

Hold­ers of Shi­ba Inu, Car­dano and oth­er cryp­tocur­ren­cies sup­port­ed by Binance Card can now enjoy 8% cash­back on pur­chas­es made with their cryp­to. As report­ed by U.Today, hold­ers can use their assets to make their pur­chas­es and pay bills at over 90 mil­lion Mas­ter­card mer­chants world­wide, both in-store and online.

At the start of August, Binance added XRP, Shi­ba Inu and Avalanche to the list of sup­port­ed cryp­tocur­ren­cies on Binance Card.

Four­teen cryp­tocur­ren­cies, includ­ing BUSD, USDT, USDC, BTC, BNB, ETH, ADA, DOT, SOL, MANA, SXP, XRP, SHIB and AVAX, are cur­rent­ly sup­port­ed by Binance Card. Late last month, the Binance Card pilot kicked off in Argenti­na as part of a part­ner­ship between Binance and Mas­ter­card to bridge the gap between cryp­tocur­ren­cy and reg­u­lar purchases.

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Ultra-luxury UAE resort now accepts cryptocurrencies

Accord­ing to a blog release, the ultra-lux­u­ri­ous UAE resort, Palaz­zo Ver­sace Dubai, now accepts cryp­tocur­ren­cy pay­ments for din­ing, lodg­ing, meet­ings, events and spa treatments.

With a part­ner­ship with Binance, the top hotel in Dubai Jaddaf Water­front is now able to give guests the option of mak­ing pay­ments in a vari­ety of cryp­tocur­ren­cies, includ­ing Shi­ba Inu, BNB, Bit­coin and oth­ers. The Binance gate­way will be used for these transactions.

The UAE resort promis­es that the online pay­ment inte­gra­tion phase, which is the next step, will launch soon after. How­ev­er, it will also accept cryp­tocur­ren­cy pay­ments on its e‑commerce plat­forms, which include gift vouch­ers and flower shops. From lux­u­ry watch­mak­ers such as TAG Heuer, Hublot and Bre­itling, to fash­ion brands such as Guc­ci, the accep­tance of cryp­tocur­ren­cies as pay­ment con­tin­ues to grow.



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