Bitget Wallet, Mastercard, and Immersve have announced a joint venture to launch a no-fee crypto card that may impact the use of cryptocurrency in everyday transactions.
Zero-Fee Crypto Card Launch
Bitget Wallet has partnered with Mastercard and Immersve to issue a no-fee crypto card. This card will be available to Bitget's extensive user base, providing a simple way to make everyday purchases.
Benefits and Market Impact
The card supports multi-token transactions across over 130 blockchains and could influence global spending patterns in cryptocurrency. Mastercard's merchant network, with over 150 million touchpoints, increases user access. Potential financial implications include increased transaction volumes for supported cryptocurrencies.
Comments from Company Representatives
CITE_NA: 'Our initiative emphasizes security, no hidden fees, and low-friction adoption, promoting rapid application and instant usage through mobile wallets.'
The launch of the Bitget Wallet crypto card in collaboration with Mastercard represents a significant step towards the wider integration of cryptocurrency into everyday financial practices, opening new opportunities for users.