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KuCard has launched a Wise Monkey Reward Card for over 2.3 Million MONKY card holders.
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Users are able to convert MONKY into fiat, enjoy cashback offers and VIP perks.
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A portion will be used to fund MONKY burns and buybacks, reducing the supply.
KuCard, the Visa debit card developed KuCoin, announced the launch the Wise Monkey Reward Card. The card aims to give 2.3 million holders the MONKY Token real-world spending powers.
This rewards card works like a traditional Visa or Mastercard debit card. Users can use their MONKY tokens anywhere that accepts Visa or Mastercard. This integration provides a seamless way for users to access their funds without the need for manual cryptocurrency-to-fiat conversions.
The KuCard Wise Monkey Reward Card goes beyond enabling spending to expand the utility of the Monkey token. It turns the token into a currency that can be easily spent, while also incorporating a reward system to encourage its usage.
KuCard offers exclusive rewards and user incentives
KuCard Wise Monkey Reward Card offers several attractive incentives to encourage adoption. Users who spend EUR600 or more with their Wise Monkey Reward Card between March 16 and March 31, 2025 will receive up to 1 billion Monkeys as a reward.
To be eligible for the promotion, users must maintain a minimum of 10 USDT in MONKY.
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The “Go Bananas with KuCard Promotion” offers an additional 3% cashback up to 10,000,000 MONKY. This offer is only available to the first 500 users that make purchases from selected categories.
VIP benefits are available to MONKY holders as well, which will enhance their overall spending experience.
KuCard’s Buyback & Burn model supports MONKY Value
KuCard Wise Monkey Reward Card is more than a typical crypto debit card, as it integrates a sustainable income model. A percentage of transaction-generated revenue will be allocated toward buying back MONKY from the market. These tokens will be permanently destroyed, reducing the supply and supporting MONKY’s long-term price.
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By implementing this deflationary system, the initiative aims to strengthen the Wise Monkey eco-system and increase the demand for the token.
KuCard: Expanding Crypto’s Reach and Accessibility
KuCard, which was launched in November 2023, has enabled seamless crypto-to fiat conversion.
KuCard is compatible with popular mobile payment systems such as Apple Pay and Google Pay, allowing users the ability to transact globally. KuCard converts cryptocurrency to local currency at the point-of-sale, ensuring cost-effective and efficient transactions.
KuCard, which was initially launched in the European Economic Area (EEA), is actively working to extend its reach to other areas. This will help to increase the adoption of digital currencies and blockchain technology.
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