Trevor Wells, growth marketing manager at cryptocurrency exchange Gemini, highlighted on Thursday various rewards the firm’s Bitcoin (CRYPTO: BTC) credit card offers, which co-founder Cameron Winklevoss described as “insane.”
What Happened: Wells shared his calculations on X, breaking down the potential returns from a Bitcoin credit card offer.
He stated that if one spends $3,000 within the first 90 days, they’ll get $200 in BTC back. If they sign up using a referral link (like from a friend), they get an extra $50, and they also earn 1% back on a minimum purchase of $30.
Adding it all up, it amounted to $280 back when a user spends $3,000, which is about 9.3% back in Bitcoin.
The numbers cheered Winklevoss, who stated, “insane in the membrane.”