According to PANews, 1inch Network, a DEX aggregator platform, has announced on platform X that registration is now open for its Web3 debit card, the 1inch Card. The card's features include allowing users to seamlessly convert cryptocurrency to fiat currency, use their cryptocurrency for online and offline shopping, and withdraw cash at supported ATMs. The 1inch Card is available in both physical and virtual forms, combining all the advantages of a standard debit card.
As previously reported, the debit card is a joint venture between 1inch Network, cryptocurrency card developer Baanx, and payment giant Mastercard. The collaboration aims to provide a seamless and efficient way for users to utilize their cryptocurrency in everyday transactions, bridging the gap between digital and traditional finance.