Gemini, a digital currency exchange founded by the Winklevoss brothers, promotes the Ripple digital currency (XRP) - based cash back program. The app allows users to receive rewards on XRP transactions.
On March 27, Tyler winklevas reminded the Ripple community that they could be rewarded using a Gemini credit card. Launched in 2021 in collaboration with mastercard, the card allows the selection of various digital currencies such as Bitcoin, Ethereum, Ripple and more than 50 other assets to return money.
Since Ripple was added to the cashback Gemini program in August 2023, the exchange has continued to support the cryptocurrency. Winklevas stressed that this feature is currently only available to residents of the United States, and that he has used the card for years and has had a successful experience in earning digital rewards.
The gymnasium credit card offers different rates for cashbacks depending on the type of purchase. For fuel and charging electric cars, 4 percent is calculated up to a ceiling of 200 a month, followed by 1 percent. Also, there is a 3%, 2% and 1% reward for fodder, grocery shopping and other purchases, respectively.
In addition to Gemini, platforms such as WhiteBIT and Bit2me have similar applications. Eligible users must receive their credit card by June 30, 2025. Also, if 3,000 is spent in the first 90 days, up to 200 in Ripple bonuses will be awarded.