- Users may now exchange their travel points for a selection of cryptocurrencies.
- The partnership would provide customers quick entrée into the world of crypto.
Binance, the biggest cryptocurrency trading platform by volume, has partnered with Air Astana, the major airline in Kazakhstan. Users may now exchange their travel points for a selection of cryptocurrencies thanks to the partnership.
In a press statement released today, Air Astana initially broke the news of the joint endeavor. Customers may “enter the world of cryptocurrencies with our partner Binance,” the company said in a statement. The limited chance to redeem points for BUSD is also emphasized. For a limited period, members of the airline’s Nomad Club will be able to redeem their collected flight points for BUSD.
The news release also indicates that consumers may make up to 20 BUSD and withdraw it in fiat money. According to the announcement, the cooperation will run from February 1st through the 28th. Note that a maximum of 1,000 convertible points may be earned.
Quick Entry to the World of Crypto
One bonus point in the Nomad’s Club is equivalent to one hundred thousand dollars in BUSD, according to the conversion offer. The Nomad Club members must sign up for or already have an account with the cryptocurrency trading platform Binance in order to verify the conversion.
Customers who are interested in taking advantage of the offer should know that it may take up to five business days for their attempted conversion to be funded. Referring specifically to the statement that one BUSD may be exchanged for one US Dollar, the BUSD exchange rate is 1:1.
Binance said that the partnership would provide Air Astana customers with quick entry into the world of cryptocurrency. Moreover, it will offer, “a welcome bonus of 10 BUSD” to any user who signs up and is verified on the platform to further incentivize people to take advantage of the deal.
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