FTX launches crypto credit card

The crypto trading platform now wants to allow its customers to pay with an FTX crypto card at participating outlets.

Sam Bankman-Fried, founder and CEO of crypto derivatives platform FTX , announced in a tweet that he would release a crypto card.

While the landing page doesn't yet provide much information, the company promises that it would not charge any administration or processing fees when using the card.

When paying, cryptocurrencies that are on the respective FTX account are automatically exchanged, they say.

The platform works with Visa for the crypto card . The company is thus continuing to advance as a payment service provider at the interface between crypto and the classic financial business .

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