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8 August 2022
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Bitcoin

Caixa customers can now exchange card points for Bitcoin and Ethereum

aixa Econômica Federal customers who have joined the “CAIXA Points Program” can now exchange card points to buy Bitcoin and Ethereum.

This new functionality is possible through a partnership between Caixa Econômica and Dotz, a loyalty program that allows the exchange of points for services and products.

In order to exchange Dotz points, a minimum of 500 accumulated points is required.

How to transfer card points to Dotz?

To transfer the points from the “CAIXA Cards App”, it is necessary to complete the following steps:

  1. Open your CAIXA Cards App in the “Points” menu.
  2. Select the “Redeem Points” option.
  3. Then click on “DOTZ”.

It is also possible to exchange points for CAIXA’s Internet Banking and Mobile Banking in a few steps:

  1. Open your CAIXA Internet Banking or Caixa App.
  2. In the “Credit cards” menu, select the “points program” option.
  3. Then click on “inquire and redeem” and click on “DOTZ”.

When exchanging points, you can buy Bitcoin or Ethereum from the Dotz platform.

The advance of cryptocurrencies in Brazil

Brazil is one of the most active countries in the growth of cryptocurrencies in recent months, becoming one of the regions that most advanced in the adoption of the blockchain industry worldwide.

Many companies, such as the Lemon Cash exchange and the metaverse The Sandbox, have recently expressed that the Brazilian territory is a key region for the advancement in the use of cryptocurrencies.

In a survey carried out by Forbes magazine in May this year, it revealed that at least 5% of the Brazilian population (more than 10 million people) entered the cryptocurrency market in recent years.

Likewise, the analysis and monitoring tool Cointrader Monitor reported that capital raising in the cryptocurrency market in Brazil increased by around 400%, exceeding R$ 103 billion in 2021.

The new era of cryptocurrencies seems to have arrived in Brazil and partnerships such as the one between Caixa Econômica Federal and the company Dotz, can further facilitate the advancement of this technology in the country.

News Source

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