MasterCard has entered into a partnership withFaucetTo provide a new product for cryptocurrency.

The new product is related to the first prepaid card from “MasterCard” that supports cryptocurrency.

TAP card:

“Tap” partnered with “MasterCard” to launch a prepaid card, which is available for free with the “Tap” application.

The new card offers the opportunity to withdraw money and spend it in withdrawal machines that support MasterCard, so that card holders can spend cryptocurrency more comfortably anywhere and anytime.

The new MasterCard card, which is the first prepaid card from the company that supports cryptocurrencies, where the card is directly linked to the TAP application, and therefore the money comes directly from the application’s wallet and is transferred immediately for spending, of course, according to the amount to be spent.

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The card is available in three different formats as follows:

Free TAP Card:

• A prepaid card that supports contactless work.
• The ability to exchange 1000 pounds for cryptocurrencies per month for free, and when you exceed it, you pay 0.5%
• The possibility of withdrawing 500 pounds from the ATMs per month for free, and when exceeding it pays a rate of 2%
• The fee for exchanging cryptocurrency for fiat currency is from 0.5 to 1.5%.

Black TAP Card:

• A prepaid card that supports contactless work.
• The ability to exchange 3000 pounds for cryptocurrencies per month for free, and when you exceed it, you pay 0.5%
• The possibility of withdrawing 1000 pounds from ATMs per month for free and when exceeding it pays the rate of 2%
• 25% discount on crypto-currency exchange fees.

Titanium TAP Card:

• A prepaid card that supports contactless work.
• Unlimited exchange between cryptocurrencies and cash.
• Unlimited withdrawals from ATMs
• Cryptocurrency exchange fee deduction for cash only.

Application:

Not only has the first prepaid cryptocurrency card approved by MasterCard launched, but Tap has also launched an app that makes the product and service offered even more exciting.

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The Tap app has a built-in cold storage wallet that stores many different cryptocurrencies, and it scans all major cryptocurrency exchanges to find the best price on the chosen trading pair.

Meaning, Tap provides many different features in one app.

As for the Tap app, it supports many Arab countries, including Jordan, the United Arab Emirates, Iraq, Syria, Tunisia, Libya…

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