According to a Sunday press release, the card was first launched in 2021 and is available by invite only to just 10,000 individuals around the world. Holders will be able to convert their Bitcoin and other major cryptocurrencies into spendable cash.
As per announcements, an invitation to join the exclusive club can be requested via the bitcoinblack website. Furthermore, the card is secured by the holder’s digital assets and offers premium perks such as a no-spend limit in places where Visa is accepted. Commenting on the new product, bitcoinblack CEO Prakash Chand said:
Another element of exclusivity that the product brings to its holders is the ability to spend token rewards on various luxury items in bitcoinblack’s Haute Living Luxury Marketplace, “a curated online boutique that includes luxury watches, purses, cars, charter jet deals, private mansion access and more,” set to launch soon.
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Source: Cryptocurrency - investing.com
