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Crypto card startups are racking up losses just to buy your loyalty with big rewards

Providers are betting trading, lending and staking revenue can cover rewards and turn card users into profitable customers.

Why it matters

This is an automated desk note from the source headline and excerpt only — not original reporting.

Automated desk note. Not Dextape reporting.

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Headline and excerpt from CoinDesk’s public feed. CoinDesk holds the copyright and publishes the full story; Dextape links to it rather than reprinting it.

Dextape context

Built from Dextape’s own wire, stories and glossary.

Terms in this story

Staking
Locking a proof-of-stake network’s native asset to help secure it in return for rewards, directly or through a service.

Original reporting

Francisco Rodrigues, CoinDesk

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