Do More With DragonBite Prepaid Card — Spend Fiat, Earn Crypto

DragonBite
5 min readJun 11, 2021

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To facilitate the adoption of crypto currencies, DragonBite is pleased to introduce to you prepaid cards developed in partnership with Mastercard. DragonBite prepaid cards are debit cards which allow their users to spend in more than 30 million merchants and withdraw money from 2 million ATMs worldwide.

DragonBite prepaid cards will be connected to DragonBite’s multi-currency conversion engine and the DragonBite App. Using DragonBite’s MACE (Multi-Asset Conversion Engine) Module, the DragonBite card enables all supported cryptocurrencies to be spent in real-life consumption.

When ordering their DragonBite cards, clients will be given the choice among four different types of cards which we have listed below together with their benefits:

1. Standard DragonBite Prepaid Card

  • To access this card, users should stake a minimum of 500 $BITE on DragonBite Dapp, MANTRA DAO or PolkaBridge.
  • For every USD spent, earn 0.10% $BITE.
  • Cash withdrawal in ATMs is free up to USD$ 250 per month.
  • Trading fees when exchanging rewards points against $BITE on DragonBite’s Dapp are capped at 1%.

This card is adapted to non-native crypto holders who are not using their reward points and are looking to exchange them against crypto currencies to start holding some in their portfolio.

2. Standard+ DragonBite Prepaid Card

  • To access this card, users are required to stake a minimum of 2,500 $BITE on DragonBite Dapp, MANTRA DAO or PolkaBridge.
  • For every USD spent, earn 0.20% $BITE.
  • Cash withdrawal in ATMs is free up to USD$250 per month.
  • Trading fees when exchanging rewards points against $BITE on DragonBite’s Dapp are capped at 0.8%.

Extra benefits:

Standard+ DragonBite Prepaid Card holders will be granted a FREE access to those platforms as long as they stake 2,500 $BITE in one of the three staking programs available:

  • YouTube Premium Membership: lets you watch millions of videos without any interference from advertisements, including in-title and in-film advertisements, video overlay advertisements, third-party banner advertisements, and search advertisements.
  • Netflix Membership: the world's leading streaming entertainment service that offers a wide variety of award-winning TV shows, movies, anime, documentaries, and more than 5,000 internet- connected series.
  • Hulu Membership: a leading premium streaming service offering more than 2,0000 live and on-demand TV and movies.

This card is adapted to loyalty program customers who find interest in DragonBite, enjoy watching movies and have a basic understanding of crypto currencies.

3. Premium DragonBite Prepaid Card

  • To access this card, users should stake a minimum of 5,000 $BITE on DragonBite Dapp, MANTRA DAO or PolkaBridge.
  • For every USD spent, earn 0.50% $BITE.
  • Cash withdrawal in ATMs is free up to USD$250 per month.
  • Trading fees when exchanging rewards points against $BITE on DragonBite’s Dapp are capped at 0.8%.

Extra benefits:

Standard+ DragonBite Prepaid Card holders will be granted a FREE access to those platforms as long as they stake 5,000 $BITE in one of the 3 staking programs available:

  • YouTube Premium Membership: let you watch millions of videos without any interference from advertisements, including in-title and in-film advertisements, video overlay advertisements, third-party banner advertisements, and search advertisements.
  • Netflix Membership: the world's leading streaming entertainment service that offers a wide variety of award-winning TV shows, movies, anime, documentaries, and more than 5,000 internet- connected series.
  • Hulu Membership: a leading premium streaming service offering more than 2,0000 live and on-demand TV and movies.
  • Amazon Prime: Let you access a number of Amazon services and enhancements including but not limited to free delivery on your Amazon orders, exclusive access to deals and discounts before anyone else, an exclusive access to movies and TV shows on Amazon Originals, a library of songs on Amazon Music without any ads, thousands of books on Kindle, free games, in-game items, a free Twitch channel subscription.

This card is adapted to loyalty program customers and crypto natives who hold $BITE among other digital assets, especially enjoy shopping online and watching movies.

4. Premium+ DragonBite Prepaid Card

  • To access this card, users should stake a minimum of 10,000 $BITE on DragonBite Dapp, MANTRA DAO or PolkaBridge.
  • For every USD spent, earn 1% $BITE.
  • Cash withdrawal in ATMs is free up to 250 USD per month.
  • Trading fees when exchanging rewards points against BITE on DragonBite’s dApp are capped at 0.5%.

Extra benefits:

Standard+ DragonBite Prepaid Card holders will be granted a FREE access to those platforms as long as they stake 10,000 $BITE in one of the 3 staking programs:

  • YouTube Premium Membership: let you watch millions of videos without any interference from advertisements, including in-title and in-film advertisements, video overlay advertisements, third-party banner advertisements, and search advertisements.
  • Netflix Membership: the world's leading streaming entertainment service that offers a wide variety of award-winning TV shows, movies, anime, documentaries, and more than 5,000 internet- connected series.
  • Hulu Membership: a leading premium streaming service offering more than 2,0000 live and on-demand TV and movies.
  • Amazon Prime: Let you access a number of Amazon services and enhancements including but not limited to free delivery on your Amazon orders, exclusive access to deals and discounts before anyone else, an exclusive access to movies and TV shows on Amazon Originals, a library of songs on Amazon Music without any ads, thousands of books on Kindle, free games, in-game items, a free Twitch channel subscription.
  • Airbnb: the global online and leading marketplace for lodging, primarily homestays for vacation rentals, and tourism activities.

This card is adapted to loyalty program customers and crypto natives who hold $BITE among other digital assets, especially enjoy travelling around the world.

To order a DragonBite Card (physical or virtual), users can pre-register their interest now at: www.dragonbite.io. The cards will be distributed in Q4 2021 on a first come first serve basis to 10,000 DragonBiters.

About DragonBite

DragonBite is a decentralized ecosystem that puts the power of the cryptocurrency market into the hands of its users. DragonBite offers various products and services, catering to almost every aspect of the cryptocurrency economy, including a digital wallet, a cryptocurrency exchange, loyalty redemption points, discounts/purchases with crypto, and more. Using the DragonBite application, users gain access to every feature they could need within the cryptocurrency market.

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