What is a Bitcoin Mastercard? Is it real?

Mastercard announced the expansion of its cryptocurrency program by inviting cryptocurrency firms to join their Accelerate program. The partnership makes it simpler and faster for the parties involved to bring secure and compliant payment cards to market.

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The payment system has launched the Mastercard Accelerate program. Now its participants will be able to create their own plastic cards, with which you can buy, store and spend both Fiat and digital currencies

The Wirex project will be the first crypto trader to participate in the Mastercard Accelerate program. The payment system has started attracting digital money operators to launch crypto cards through its platform. It has full access to the special tools, APIs, and partners needed to launch global payment programs.

Wirex cards allow you to buy, store and spend both Fiat and digital money. Up to 1.5% of the purchase in bitcoins will be returned to the account through the Wirex cryptoback loyalty program.

The crypto card will be available to customers in Europe this year. Withdrawals from international ATMs will be free of charge. The corporate card will be released later. Funds will always flow to the Mastercard network in Fiat.

After the company's announcement, the value of the Wirex token instantly increased by more than 60%, to $0.016. Altcoin is represented on the platforms OKEx, Huobi Global, Exmo and KuCoin. The daily amount of transactions with the coin is currently $3 million with a total asset capitalization of $36 million.