Binance, the major cryptocurrency exchange, has announced that it partnered with TravelByBit, a crypto travel startup, to launch a rewards card that facilitates crypto payments on major travel websites.
A partnership between @binance and crypto travel startup, @TravelbyBit will launch a new #crypto-travel #rewards card with enhanced access to #deals and #discounts for #customers. The card makes #payments and can be reloaded with BTC, BUSD, BNB, @OntologyNetwork. pic.twitter.com/OCc5F4jqlF — Blockchain.News (@BlockchainNewsM) November 29, 2019
As it has been announced on November 28, the card will function like a traditional prepaid card with access to additional discounts and rewards that users will be able to load with Bitcoin (BTC), Binance USD (BUSD), Binance Coin (BNB) and Ontology (ONT).
Major cryptocurrency exchange Binance announced in a blog post on Nov. 28 that it partnered with crypto travel startup TravelByBit to launch a rewards card that facilitates crypto payments on major travel websites. Crypto Trading Course:https://t.co/RgxPf2BvyW#bitcoin #crypto pic.twitter.com/ewiTsgNGXh — Cryptoplanet International (@cryptoplanet_me) November 28, 2019
However, the card will be released early next year and will initially target travelers in the Association of Southeast Asian Nations, Australia, and Europe, with plans to gradually expand.
Likewise, the service will reportedly allow its customers to book flights and hotels through major booking sites including Booking.com, Expedia, Agoda, and Ctrip, as well as TravelByBit’s own platform.
Thus, TravelByBit is not the first service enabling its users to travel with cryptocurrencies. As it has been recently reported, Travala.com, the crypto booking firm, announced that it will now let its customers reserve any hotel that is bookable through Booking.com with cryptocurrency.