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BTCC / Hashtag / amex crypto card
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Is American Express launching a crypto rewards credit card?

American Express will soon debut the first crypto rewards credit card on its network. Announced today at the Consensus cryptocurrency conference in Austin,TX the card, developed in partnership with crypto wealth manager Abra, will transact in U.S. dollars and offer crypto back on any purchase category and amount.

What is the Abra Crypto Card?

Though first for American Express, the Abra crypto card is only the latest in a string of products offered by cryptocurrency companies on major payments networks, such as Gemini crypto card, which offers rewards in the form of bitcoin and over 60 other cryptocurrencies, and BlockFi rewards Visa card.

Do you need a Crypto Card?

If you want to earn rewards as cryptocurrency or use your crypto to make purchases at checkout, you might consider a crypto card. There are two types: crypto credit cards, which earn rewards as bitcoin, ethereum and other cryptocurrencies, instead of traditional credit card rewards; and crypto debit cards, which let you buy items with crypto.

Is American Express a bitcoin broker?

The brand is also available in many other countries, so millions of people worldwide use Amex daily. American Express Bitcoin brokers are crypto platforms that enable you to use your Amex card to fund your BTC purchase. Depending on where you purchase Bitcoin with American Express, you will incur different transaction fees.

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