Crypto.com card users in Bahrain, Oman and UAE will now be able to reap rewards. According to the platform’s latest announcement on December 18th, as part of a special offer, users in Bahrain, Oman, and the United Arab Emirates can receive complimentary Apple products or Emirates tickets from Crypto.com.
The new rewards come as Crypto.com prepares for expansion and an userbase rise in the middle east.
Crypto.com Card Users To Get Huge Rewards
According to the platform’s announcement, users will have to undergo an upgrade to take advantage of this deal. To reap the rewards, they will have to apply for or upgrade to a metal card.
Under this reward scheme, users will benefit in three ways. The first will be Royal Indigo/Jade Green users who will get tickets for Emirates Economy Class or the iPhone 16.
Next will be the Icy White/Rose Gold users who will get tickets for Emirates Business Class or a MacBook Pro and more.
Finally, the reward will see Obsidian users get tickets for Emirates First Class or a full-suite Apple package.
The offer will expire on January 13.
Crypto.com’s Pervious Partnership with Accor hospitality
Crypto.com at present has been trying to expand its userbase and operations extensively. Previously, the platform announced a strategic partnership with the Accor hospitality group’s loyalty program, ALL (Accor Live Limitless), marking a significant step that unites the worlds of travel and cryptocurrency.
Accor’s extensive global hospitality network, which includes more than 5,400 hotels and resorts in 110 countries, will be made unprecedentedly accessible to Crypto.com customers through this partnership.
Through the conversion of their cryptocurrency holdings into Accor Reward points, users can easily use their digital currency funds to book experiences, lodging, and other travel-related services.
Middle East Crypto Adoption Sees Steady Rise
Crypto.com’s current offers come against the backdrop of Middle East seeing an unprecedented crypto growth.
Both the operational capacity and user base of the cryptocurrency industry have grown dramatically in the Middle East and North Africa region. The MENA region is predicted to have the seventh-largest cryptocurrency market globally in 2024.
The region’s on-chain value is expected to reach $338.7 billion between July 2023 and June 2024, or 7.5% of the total volume of transactions worldwide.
Cryptocurrency activity in the MENA region is mostly driven by institutional and professional-level activity, with 93% of all value transferred coming from transactions of $10,000 or more.
In fact, as the global cryptocurrency markets rebound in the region, governments are working to develop regulatory frameworks that balance innovation with necessary protections.
The majority of users and institutions still prefer traditional crypto platforms, as evidenced by the fact that centralized exchanges (CEXs) remain the primary source of cryptocurrency inflows throughout MENA overall, despite the gradual emergence of decentralized platforms and DeFi applications.