Gemini Launches Solana Credit Card, Allows Payments and Automatically Earns SOL Rewards

PANews reported on October 20 that according to Decrypt, on Monday, the listed crypto exchange Gemini expanded its credit card product line and launched a new Solana-themed credit card that provides instant SOL token rewards and is equipped with an optional automatic staking function to increase the reward amount. The SOL tokens earned by users after consumption can be automatically staked on the Gemini platform, with an annualized yield of up to 6.77%. Solana cardholders can unstake SOL tokens at any time, but withdrawal time may range from "a few hours to a few days." Gemini's credit card offers category-based rewards, with up to 4% cash back on gas, electric vehicle charging and shared travel. Dining consumption can get 3% cash back, grocery consumption can get 2% cash back, and all other consumption can get 1% cryptocurrency cash back.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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