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Caleb Yeoh is co-founder of TravelbyBit, a travel agency that enables users to book flights and hotels while earning cryptocurrency rewards. The platform accepts both cryptocurrencies and fiat currencies and offers up to 10% return in Bitcoin, serving customers globally from an Australia-based operation.
1Interview
2020First on the show
Mar 2020Latest appearance
16 minOn camera
15:32
Latest interview · Mar 9, 2020TravelbyBit offers bitcoin cashback for flight bookingsWatch the episode →
In their own words
“We've done over three million dollars worth of flight and hotel bookings over the last six months that are all paid with cryptocurrency.”
Key points from the latest interview
- TravelbyBit is an online travel booking platform that allows users to pay with cryptocurrency and receive up to 10% cashback rewards in Bitcoin.
- Approximately 90% of TravelbyBit users pay with cryptocurrency, with over three million dollars in bookings completed in the prior six months.
- The platform's primary user base consists of digital nomads and remote workers who are paid in crypto and prefer to avoid traditional banking systems.
- TravelbyBit accesses wholesale travel prices five to fifteen percent cheaper than retail platforms like Expedia and shares a portion of those savings as Bitcoin rewards.
- Binance CEO CZ holds an equity stake in TravelbyBit and serves on the company's board of directors.