KoloHub adds 2% BTC cashback

- Kolo said on May 22 it added TRON support and promoted its app as a way to spend crypto through a Visa-linked card. - Kolo’s website says users can get 2% cashback in bitcoin, while spending BTC, ETH and USDC with on-the-spot conversion. - Kolo’s current product details are listed on its website and app pages, which also describe bank transfers and card top-ups.

Kolo said on May 22 that it had added TRON support as part of a push to move crypto balances into everyday payments, according to posts circulating on X. The company tied that update to card spending, lower settlement costs and faster transfers, presenting the product as a bridge between crypto wallets and card networks. Kolo’s own website says users can spend BTC, ETH and USDC, top up a card with crypto and receive 2% cashback in bitcoin. ### What exactly did Kolo put out on May 22? May 22 posts about Kolo described a product built around three functions: spending, sending and banking. The message highlighted TRON integration for settlement rails, Visa card spending and support for crypto transfers, according to the social posts referenced in the briefing. Kolo’s website separately describes the app as a “single app for spending, sending, and banking,” and says users can use BTC, ETH, USDC “and any crypto you hold” with conversion at the point of sale. (kolo.xyz) The company site does not, in the material reviewed, spell out the May 22 TRON announcement in a press release format. It does, however, present the same consumer-facing pitch that appeared in the posts: spend crypto directly, move funds to bank accounts and use a payment card accepted where Visa or Mastercard is accepted. ### Where does the 2% bitcoin cashback claim come from? (kolo.xyz) Kolo’s homepage prominently advertises “Get 2% cashback in btc.” The site repeats that offer across the landing page and says users can get BTC cashback when they pay with the Kolo card. Third-party card listings also describe a Kolo card with 2% BTC cashback, but those are secondary sources and may not reflect the latest terms. (kolo.xyz) The clearest primary-source confirmation in the available material is the company’s own website, which displays the 2% bitcoin cashback language on the homepage. ### What can users spend and transfer through the product? (kolo.xyz) Kolo’s website says BTC, ETH and USDC can be used with the card, with crypto converted “on the spot” for purchases. The site also says users can top up the card with crypto for real-world spending. The same page says users can send cryptocurrency directly to Revolut, Wise, N26 or any SEPA bank account. (kolo.xyz) Kolo also says it offers exchange-level rates, 0% markups on USDT, USDC and EURC, and that transactions are screened for anti-money-laundering compliance. ### How is Kolo describing the card and its footprint? Kolo says the card is accepted wherever Visa or Mastercard is accepted, including online, in-store and in-app payments. (kolo.xyz) The company also says the product is “MiCA-ready and compliant with EU regulatory standards,” though the site excerpt reviewed does not provide a linked regulatory filing or card-program disclosure on the visible page. Independent review sites describe the card as available in more than 170 countries and focused on automatic crypto-to-fiat conversion, but those claims should be treated as secondary unless confirmed in Kolo’s own latest terms. ### What is the next concrete place to check? Kolo’s website says users can get the app and card through its main product pages, where the company lists cashback, spending and transfer features. (kolo.xyz) The company also links its Telegram, X, YouTube, Instagram, TikTok and LinkedIn accounts from the homepage, which is the most direct place to watch for any fuller statement on the May 22 TRON rollout and card terms. (blockchaincenter.net)

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