Binance Partners with TravelbyBit to Launch Crypto-Backed Travel Rewards Card

2019-11-27

Global travel meets mainstream crypto adoption in this latest venture from Binance and TravelbyBit, the company behind Brisbane Airport's transformation into the world's first cryptocurrency-ready airport.

Travel booking platform, TravelbyBit, and leading global cryptocurrency exchange and blockchain ecosystem, Binance, have joined forces to create a cryptocurrency-backed travel rewards card to facilitate crypto payments on major travel websites. Starting today, users can pre-register for the TravelbyBit Travel Card at https://travelbybit.com/card-launch/.

The new TravelbyBit travel rewards card will function as a traditional prepaid debit card with additional access to exclusive travel discounts and deals. Users can load their travel cards with BTC, BUSD, BNB, and ONT, which can be used to book flights and hotels through popular online travel sites such as Booking.com, Expedia, Agoda, and Ctrip, as well as TravelbyBit.com.

“Many businesses that accept crypto for their services charge users a high premium, which poses a significant barrier to adoption,” said Caleb Yeoh, CEO of TravelbyBit. “At TravelbyBit, we want to make crypto useable, provide incentives for early adopters, and see crypto adoption grow. We are excited to work closely with Binance to bring crypto payments to travelers around the globe.”

(For illustration purposes only, actual card design may differ)

The travel rewards card project is initialized by TravelbyBit in collaboration with the Binance development team and will be released in early 2020 starting with travelers in ASEAN (Association of Southeast Asian Nations), Australia, and Europe, with plans to gradually add support to more countries.

Stay updated about the TravelbyBit Travel Card and secure your spot on the waitlist at https://travelbybit.com/card-launch/.

Use the code TBB10OFF for a 10% discount on all holiday travel bookings on TravelbyBit (terms apply). Book flights using cryptocurrency and enjoy travel rewards in bitcoin at https://travelbybit.com.