These rewards are paid out monthly in the form of VGX, but you’ll have the option to sell your VGX rewards and purchase another crypto if you so choose.Įxplorer is where things really start to get interesting, as the 1% boost gives you a total of 10% APY on your USDC holdings, and you’ll earn 2% back anytime you spend some of your USDC balance. Now, let’s have a look at the benefits you’ll receive at each loyalty tier.Īdventurers will not only be able to boost their USDC holdings up 0.5%, for a total of 9.5%, but they will also get 1% back on all of their purchases with the Voyager Debit card. Navigator: requires 20,000+ VGX tokens (currently valued at ∼$40,000).Explorer: requires 5,000+ VGX tokens (currently valued at ∼$10,000).Adventurer: requires 500+ VGX tokens (currently valued at ∼$1,000).To gain status in the Voyager Loyalty Program, you need to hold a certain number of VGX tokens, which is the native token of the brokerage and used to reward users within its ecosystem. Those who gain status in the Voyager Loyalty Program can boost their rewards in the Earn program and earn crypto-back rewards on their trades and debit card purchases. Hot Tip: Would a debit or credit card make more sense for your financial goals? For a look at alternatives to a crypto debit card, check out our guide to the best credit cards that earn crypto rewards. A personal routing and account number for direct deposit and bill pay for each card.Integration of debit card balances and transactions within the Voyager app.Earn 1% to 3% crypto-back on purchases based on your level in the Voyager Loyalty Program.Earn 9% APY on USDC deposits, with no lockup required to earn rewards.Instantly spend your USDC anywhere Mastercard is accepted.Here is a glance at the full list of benefits the Voyager Debit card offers to cardholders: This allows you to continue earning the 9% APY on your USDC balance while giving you access to spend those funds any time you’d like.īetter yet, those with status in the Voyager Loyalty Program will also earn up to 3% crypto-back rewards on their purchases. With your Voyager Debit card, you can spend your USDC balance (without needing to perform any conversions) immediately and fee-free anywhere in the world that Mastercard is accepted. This is where the benefits of the Voyager Debit card come in. However, keeping your funds in a checking account with a legacy bank usually earns a paltry return of something like 0.03%, if you earn any interest at all. dollars, then transfer them to your bank in order to have the balance to complete any purchases with your debit card. The downside is, at least previously, that in order to spend any of your USDC you’d need to convert it back into U.S. When you deposit USDC into your Voyager account and opt-in to the Earn program, you’ll earn a whopping 9% APY on your balance, so long as you maintain at least 100 USDC. Treasury bonds, so that it can preserve its 1:1 basis. Every unit of USDC is backed by $1 that is held in reserve, in a mix of cash and short-term U.S. Stablecoins are crypto-assets designed to peg themselves to a fiat currency, in this case, the U.S. Hot Tip: If you’re not already familiar, USD Coin, or USDC, is what is known as a stablecoin. Voyager’s latest product is a debit card that allows users to spend the USD Coin in their account and earn rewards for doing so. The platform also offers an Earn program, allowing users to deposit their crypto with Voyager and earn interest for doing so, along with a loyalty program, and a soon-to-be-launched debit card.Īs of November 2021, Voyager surpassed 1 million funded accounts, increasing funded accounts by 2,225% in just over 10 months, and announced registered users at 2.7 million, up from 1 million announced in April 2021. Voyager is a cryptocurrency exchange that offers commission-free trading on over 80 digital assets. If your head is spinning already, don’t worry! In this guide, we will teach you everything you need to know about Voyager Digital, its upcoming debit card, and its loyalty program to help you see how it might fit into your overall rewards strategy. Voyager Digital is looking to drastically change the status quo by offering you 9% interest on USD Coin (USDC) deposits and up to 3% back on purchases made with its debit card. In fact, most debit cards offered by legacy financial institutions offer no rewards at all. It is not often that you come across a debit card that offers a lucrative rewards structure.
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