SBI VC Trade Adds Bitcoin, Ethereum, XRP as Orico Point Exchange Options

SBI VC Trade, a Japanese cryptocurrency exchange, has partnered with Orient Corporation to add three major cryptocurrencies as exchangeable products for its Orico Point loyalty program. The new additions are Bitcoin (BTC), Ethereum (ETH), and XRP.

The move marks the first time that cryptocurrencies have been added as exchangeable products for Orico Points. According to SBI VC Trade, 1,200 Orico Points can be exchanged for one unit of any of these three cryptocurrencies, equivalent to ¥1,000.

The exchange will be available through VCTRADE Service, with the exchanged cryptocurrency being credited to a customer's account by the 27th of the following month. Eligible customers must have registered for both SBI VC Trade and eOriico services using the same email address.