July 1 (Cointime) -LBank, a cryptocurrency exchange, has announced the launch of the world's first unlimited cryptocurrency credit card, aiming to break the boundaries of crypto payments.

The card is available in both virtual and physical forms, allowing users to make any purchase or payment directly with cryptocurrencies granted by LBank. It also supports local cash withdrawals.

LBank's nearly 9 million users are expected to enjoy this service starting in Q3 2023, with VIP users having early access.

The card has no spending or withdrawal limits and can be used on payment platforms like Google Pay. Specific information regarding fees and charges will be announced prior to the card's release.

Users can place orders for the card on the LBank website, which offers various versions including a metal edition.

Certain users may even enjoy up to 2% cashback. Eric He, the founder of LBank, stated that the launch of this card is an important step towards their vision of making digital assets safer and more freely circulating.