Cryptocurrency exchange LBank has launched the LBank Card, a Visa-backed payment card that allows users to spend cryptocurrencies directly from their spot account balances.
To mark the launch, the company introduced a promotional campaign offering a total rewards pool of 100,000 USDT. Users who activate the card and complete qualifying purchases can receive futures bonuses and savings APR boost vouchers through July 25.
According to LBank, new users who make their first eligible purchase of at least 50 USDT will receive a 20 USDT futures bonus. Users who pre-registered and complete the required steps before July 1 will receive a 40 USDT bonus.
The card supports payments at Visa merchants worldwide and is compatible with Apple Pay and Google Pay. LBank said users can spend directly from their exchange spot balances without transferring funds to a separate wallet.
The exchange also said the card carries no issuance, monthly maintenance or top-up fees. Eligible purchases can earn cashback rewards, and users can receive additional incentives through the platform’s referral program.
Crypto payment cards have become an increasingly competitive segment as exchanges seek to expand beyond trading services and bring digital assets into everyday payments.
Major exchanges, including Binance, Bybit, Coinbase, and Crypto.com, have introduced debit or prepaid card products in recent years, although availability and supported jurisdictions differ across providers.
