Everything about finance revolves around the simplicity that it offers to the users. In this case, the centralized financial system as seen via banks has been dominating for many years.
The introduction of the digital asset regime via Bitcoin disrupted the former and proved that the banked and unbanked have more to gain from the global financial system – only if they use the right financial system.
The cryptocurrency industry has once more, been ushered into another realm via the introduction of Decentralized Finance (DeFi) – a financial model that is here to take away the middlemen and foster peer transactions.
Amidst all the news around the DeFi ecosystem, one thing remains to be done. The Decentralized Finance (DeFi) system can be used as a catalyst to propel the push for more crypto-to-fiat relations.
And that is exactly what the Aurix cryptocurrency exchange does via its Aurix Card that is meant to be a debit card to be used for a wide range of cryptocurrency transactions.
**WHAT IS THE AURIX CARD?
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Aurix Card is a debit card that is designed to have a Decentralized Finance (DeFi) cashback mechanism. The essence of the cashback is to serve as a motivator for the users to continue using the card anytime they want to make payments.
Besides, you can now use your Aurix Card to earn some money in the form of digital/crypto-assets anytime you make payments.
In the end, it will be a win-win scenario for everyone. On the one hand, you are paying for goods and services with crypto assets. On the other hand, you earn incentives in the form of cashback for such transactions. Talk about free money!
POWERED BY POPULAR PAYMENT NETWORKS
The Aurix Card will be powered by either or both of the two most popular payment networks – VISA and MasterCard.
DeFi-Backed Cashback
There is a reason why the Aurix exchange team opted to use the Decentralized Finance (DeFi) mechanism for the transactions.
The most significant is that the DeFi-powered cashback mechanism ensures that the users will instantly receive the rewards or cashback for any transaction they make.
In addition to that, using the Aurix Card entitles you up to 9% of the transactions you make. And once the transactions are completed, everything will be automated so that you will receive your cashback in your e-wallet as soon as the blockchain executes it.
Your Activity Determines Your Level by Using the Aurix Card
While the Aurix debit card is open to everyone that wants to use crypto assets for real-world payments; there are also some existing clauses so the privileges offered by the card wouldn’t be abused.
Thus, your activity with the Aurix Card determines the things you can do with it. For example, if you are in the VIP Level 0, it means that you haven’t bought any Aurix token (AUR). For that reason, you only qualify for 2% cashback when you use the card.
However, if you have bought up to 100,000 Aurix tokens (AUR), you will be in VIP Level 5. As such, you will qualify for 8% card cashback, as well as access to 80% trading cashback and 100% access to Netflix.
FINAL WORDS
The Aurix Card is a unique product from the Aurix cryptocurrency exchange designed to help you earn passive income from the payments you make online and offline with crypto assets.
USEFUL LINKS
Website: https://www.aurix.exchange/
Telegram: https://t.me/aurix_exchange
Twitter: https://twitter.com/aurixexchange
Facebook: https://www.facebook.com/aurix.exchange/
LinkedIn: https://www.linkedin.com/company/aurix-exchange/
Instagram: https://www.instagram.com/aurixexchange/
YouTube: https://m.youtube.com/channel/UCJRtUTd79m6qey5BITZ9WwQ
AUTHOR’S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary
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