American express crypto card

american express crypto card

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PARAGRAPHAUSTIN, Texas - While American Express AXP has scotched hopes of a cryptocurrency-linked credit card any time soon, the card giant has confirmed hints made earlier this year that it would be offering crypto rewards, teaming up with digital-assets services major Abra.

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Announced Friday at Consensusthe Abra Crypto Card will allow users amsrican earn back crypto on any purchase, no matter the amount or category.

Crypto credit cards of some sort have been around for amerkcan long time in crypto, any time soon, the card giant has confirmed hints made earlier this year that it would be offering crypto rewards.

The card will also come with Amex Offers for shopping, travel, dining and services as well as presale ticket access and purchase protections.

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Buy Bitcoin with American Express Card at Paxful: it's easy, safe, and available 24/7. Choose the best offer and start trading now! The card will allow users transacting in U.S. dollars to earn cryptocurrency rewards on their purchases through the Amex network, Bill Barhydt. Buying Bitcoin with American Express is convenient and affordable. Read our guide to learn more about the best platforms for getting BTC with Amex.
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No, American Express isn't the easiest way to buy Bitcoin as it can be hard to find somewhere that accepts it, and the P2P platforms that do accept it are typically less user0friendly than major exchanges. Credit card companies are trying to sweeten the perks they offer their customers, and American Express is doing just that through a new partnership with crypto wealth management platform and wallet provider Abra. Unfortunately, as American Express charges higher merchant fees than other credit card providers, most crypto platforms choose not to accept it. Amercan Express cards are popular with business people and those who want access to exclusive membership rewards.