- Summary:
- Ukrainian Fintech firm, Weld Money has launched its crypto card. We tell you how it works and it benefits to users.
Weld Money, a fintech company based in Ukraine, recently introduced its cutting-edge cryptocurrency payment solution known as the Weld card. Holders of the card can link an exchange by means of the application programming interface (API). This makes it possible to debit funds from the balance held in the exchange account. Additionally, it allows users to receive cashback on monies spent while purchasing with a card, and it facilitates the use of stablecoins.
To get the card, one must first pass through some verification steps, fill in the banking form of Unex Bank and connect to a supported exchange through API. Furthermore, Weld Money has support for Apple Pay and Google Pay. The entire procedure takes only a few minutes, and you can have your card ready shortly thereafter. If you’re looking for a cryptocurrency card that you can use with many exchanges, look no further than the Weld Card.
What’s Weld Money up to?
Weld Money is a Ukrainian financial technology (fintech) firm that launched in 2019 to create a payment card solution for cryptocurrencies. The company provides a novel option for cryptocurrency holders wishing to put their assets to practical use. Also, the company supports companies that offer crypto payment wallets and crypto cards.
The project has a native token called WELD. In its initial coin offering (ICO) on September 22, 2021, the token managed to rake in $3.6 million within just 4 minutes. It is anticipated that the Weld Card will make its debut on the market in Europe somewhere between the latter half of 2022 and the first few months of 2023. Weld Money’s end goal is to let people make purchases with their cards and any kind of digital currency, whether it’s a conventional token or something from the metaverse. With crypto payment acceptance growing, the company will likely see growing demand for its cards.