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Binance and TravelbyBit Shake Hands to Launch Crypto-Backed Travel Reward Card

A crypto-backed travel reward card is now available for everyone. Crypto adoption is going across the world and thus global travel needs to adapt this technology fast as well. The latest venture from Binance and TravelbyBit proves that global travel is ready to welcome mainstream crypto adoption. Earlier, TravelbyBit changes the status for Brisbane Airport by making it the world’s first cryptocurrency ready airport. And, now its partnership with Binance is evident that the travel industry will see a tech-backed change soon.

Aims behind the Launch of Crypto-Backed Reward Card

TravelbyBit is an exclusive, well-liked travel booking platform whereas Binance is a global cryptocurrency exchange and blockchain ecosystem. But this partnership establishes to create a whole new experience for global travelers. Cryptocurrency is getting more and more popular in all sorts of businesses. Then why not in the travel industry. The aim of creating a crypto-backed travel reward card by TravelbyBit is to facilitate crypto payments on major travel websites worldwide.

As the launch happens today, users can pre-register at the official site to get TravelbyBit Travel Card delivered!

How the Reward Card Will Function?

The all-new TravelbyBit Travel Reward Card will function the same as a prepaid debit card functions. However, the perks just get doubled! This exclusive travel reward card by TravelbyBit in partnership with Binance will give users additional excess to some of the exclusive travel discounts and deals. Users can load their reward card with cryptocurrencies like BTC, BUSD, ONT, and BNB. Further, these cryptocurrencies a user can use to book flights and hotels from different and popular online sites like Ctrip, Expedia, Agoda, Booking[dot]com, and of course at TravelbyBit.

CEO of TravelbyBit, during the launch, says “Many businesses that accept crypto for their services charge users a high premium. But things will change here at TravelbyBit. We will make crypto usable and provide incentives to early adopters.”

Again TravelbyBit confirms that the collaboration has done its role and the reward card will be available for users by early 2020. Travelers from Southeast Asian nations, Europe and Australia will be the first to receive this exclusive benefit reward card. However, the company is making plans to gradually increase its reach and support to other countries.

The whole world is yet to see how the partnership between Binance and TravelbyBit can bring crypto payments to travelers around the globe. But let’s hope for the best!

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