Bitget Wallet Card Launches "Assetback" Mechanism: 3% Cashback in Bitcoin, Gold, and Tokenized US Stocks

Odaily Planet Daily News Bitget Wallet announced a major upgrade to its crypto payment card, Bitget Wallet Card. The "Assetback" mechanism will officially launch on August 1st, with the cashback rate simultaneously increased to 3%. This mechanism will be available in over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region.

Cardholders can choose their preferred cashback assets, including BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), and stablecoins. The base cashback rate is 2%, with new users or those meeting the monthly spending threshold eligible to unlock the 3% cashback tier.

This upgrade breaks away from the traditional model of only offering cashback in fiat currency or points for card payments. It signifies a shift for the Bitget Wallet Card service from consumption cashback to the accumulation of appreciating assets, transforming daily spending into an opportunity for RWA asset allocation. Users can achieve a new daily financial experience of "spending as building a position," without the need to open a brokerage account or perform extra steps at checkout.