Renegade has recently introduced a Visa card that combines traditional banking with the crypto economy, aiming to bridge the gap between the digital and traditional financial realms. The complexity of converting cryptocurrencies to fiat currencies and using digital assets for everyday payments has been a major deterrent for the average user. Renegade’s physical cards with integrated crypto features solve this problem by allowing users to seamlessly convert their digital assets into fiat currency and use them for daily transactions.
These crypto-friendly Visa cards offer a range of features, including buying and selling cryptocurrencies, crypto swapping, storage, and easy deposits and withdrawals. With Renegade’s Visa cards, users can now spend their crypto assets in everyday transactions, increasing the practical utility of cryptocurrencies and promoting their broader adoption as a viable payment method.
Renegade’s IBAN accounts provide a solution for users who want to integrate their daily banking with the dynamic world of crypto. These accounts make it easier for users to deposit and withdraw funds through traditional crypto exchanges. Unlike conventional crypto-related cards, Renegade’s offering stands out with its full-fledged IBAN accounts, which provide users with access to a comprehensive range of banking services while connecting digital currencies with traditional banking.
To address the demand for security and control over crypto assets, Renegade offers a noncustodial wallet option. This allows users to independently manage and exchange their tokens, giving them full control over their assets. The importance of such autonomy has been highlighted by incidents like the FTX collapse, where users suffered significant losses due to the lack of direct control over their assets. Renegade also offers custodial wallets for users who prefer a higher level of security and convenience.
Renegade’s platform offers a fully customizable reward card that provides up to 8% rewards. Users can tailor their financial activities to suit their needs and earn Renegade Squad Points (RSP) by staking the platform’s native token, RNG, or participating in unique squad missions. These points can be exchanged for Reward Boosters. Renegade has structured four squad levels, each offering a tailored set of benefits and spending caps. Cardholders can enjoy a wide range of perks from over 100 companies, including Priority Pass for travel and exclusive advantages tied to the RNG token.
Simplicity and accessibility are key factors in Renegade’s design philosophy. The platform is designed to prioritize user experience, with an intuitive interface that ensures effortless navigation. Renegade’s card program has already achieved significant success, with thousands of users signed up and a transaction volume surpassing $12 million. With the release of physical cards and Apple Pay integration, Renegade is continuing to innovate and expand its services. Google Pay integration and an innovative rewards system are also in the pipeline, along with the introduction of a subscription model into the app. The noncustodial wallet is available for all Renegade users, and a token swap feature will be launched in the coming weeks.
Renegade’s physical cards are now available in the app, and over 30% of Renegade users have already ordered theirs since the launch in March. To obtain a physical card, users can simply download the Renegade app.