Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has launched a Solana-branded version of its Gemini credit card with automatic wagering for SOL rewards.
The card gives users a way to show support for the network while earning returns on everyday purchases, the company said in a blog post Monday.
Cardholders can earn up to 4% back in SOL on categories such as gas, electric car charging and rideshare, and up to 10% back with selected partners.
Gemini went public last month at $28 a share, valuing the company at more than $3 billion. The crypto exchange announced an XRP credit card with Ripple in August.
Solana rewards can be automatically wagered on Gemini for returns of up to 6.77%, making spending a return-generating strategy, the firm said.
The launch builds on Solana’s momentum as one of crypto’s most active ecosystems. Gemini said that users who had Solana rewards for at least a year saw a gain of almost 300%.
The card carries no annual or foreign transaction fees, offers flexible crypto rewards and includes perks through the Mastercard World Elite program. It is issued by WebBank.
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