Binance cryptocurrency exchange has partnered with the Australian platform TravelbyBit, which provides the possibility of booking hotels and airline tickets for cryptocurrency.
According to a post on Twitter, the companies plan to jointly develop and issue a cryptocurrency debit card.
#Binance Partners with @TravelbyBit to Launch Crypto-Backed Travel Rewards Card
Load your travel card with $ BTC, $ BUSD, $ BNB, and $ ONT to book flights and hotels all over the world! Https: //t.co/8BTN30KN4K
- Binance (@binance) November 28, 2019
“Binance, together with TravelbyBit, will launch a travel map that will support BTC, BUSD, BNB and ONT. With its help it will be possible to book airline tickets and hotel rooms around the world. ”
In addition, a debit card will providevarious rewards and discounts. Issue of the card is planned next year in the countries of the Association of Southeast Asian Nations, Australia and Europe. Later, the list of countries will gradually increase. TravelbyBit CEO Caleb Yeoh noted:
“Many companies accepting as paymentcryptocurrency, charge large enough commissions for this feature. This creates certain problems for the adoption of digital assets. We want to make this asset class affordable. We are pleased to cooperate with Binance and are ready to provide the opportunity to make payments in cryptocurrency to travelers around the world. ”