Gemini Credit Card Offers 4% XRP Cashback: How to Benefit

Gemini Credit Card: The Best Way to Earn XRP on Everyday Purchases

Gemini crypto exchange has introduced an exciting offer for its credit card users, allowing them to earn up to 4% cashback in XRP on eligible purchases. The initiative aims to provide crypto enthusiasts with an additional way to earn rewards in XRP while using the Gemini Credit Card for everyday expenses. Tyler Winklevoss, co-founder of Gemini, took to X to encourage the broader XRP community to take full advantage of this offer.

How the Gemini Credit Card Works

Launched in 2022 after a partnership with Mastercard, the Gemini Credit Card functions like a traditional Mastercard while also offering the unique feature of crypto cashback. The credit card supports more than 50 cryptocurrencies, including Bitcoin (BTC) and XRP, allowing users to earn crypto rewards on every purchase made with their card.

XRP Cashback Rewards Details

To participate, users must first check if they qualify for the offer based on their credit score. Once approved, new cardholders can earn up to $200 in XRP cashback after spending a minimum of $3,000 within the first 90 days. The rewards are directly deposited into users’ trading accounts, enabling them to benefit from potential price appreciation.

Reward Categories and Benefits

Gemini’s offer provides various cashback categories:

• 4% cashback in XRP for gas and EV charging purchases, up to $200 per month
• 1% cashback in XRP after exceeding the $200 monthly threshold for gas
• 3% on dining, 2% on grocery shopping, and 1% on other purchases

This initiative further supports XRP adoption, making it easier for users to earn XRP on their regular purchases, contributing to its growing utility in everyday transactions.

Growing Crypto Adoption

This development highlights XRP’s increasing integration in everyday finance. Alongside Gemini, other exchanges like Uphold, WhiteBIT, and Bit2Me have launched similar cashback programs, contributing to XRP‘s growing utility in the crypto space.

By providing XRP rewards for purchases, Gemini is helping boost both its usage and adoption in the global market.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.