Quontic Launches First Bitcoin Rewards Checking Account
Quontic today announced that it is introducing bitcoin rewards checking, per a release shared with Bitcoin Magazine. According to the release, “Quontic is the first FDIC-insured financial institution in the U.S. to go live with a Bitcoin rewards debit card.” Customers can earn 1.5 percent in bitcoin on eligible debit card purchases, which must occur at the point of sale. “Quontic’s disruptive banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities,” according to the release. Quontic’s....
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Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said. Bitcoin Rewards Checking Account Quontic digital bank announced on Tuesday the launch of its “bitcoin rewards checking account.” The announcement states: Quontic is the first FDIC-insured financial institution in the U.S. to go live with a bitcoin rewards debit card. Quontic customers....
Steven Schnall of Quontic Bank joined the "Bitcoin Magazine Podcast" to discuss a new bitcoin-back debit card and banking adoption of Bitcoin. The post Interview: Bitcoin Adoption With Quontic Bank appeared first on Bitcoin Magazine.
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