Binance is excited to launch the Binance card and take crypto adoption one step further. Binance has always been aiming to bring new products and services to the market that enable the progress of crypto in the market.
The Binance Card is issued by Visa and accepted by more than 46 million merchants in 200 regions and territories, which makes shopping with crypto easier than ever before. https://t.co/txKtfo5OBz
— Binance (@binance) March 26, 2020
Introducing Binance Card
The Binance Card is capable of doing everything that a normal payment card does. It works like a regular debit card issued by the bank. The user has to just get a top-up recharge for the card to add funds through the Binance Card App in the form of Bitcoin or BNB. The transfer process is as simple as transferring BNB from one wallet to another.
The card uses the wallet balance for the payments done by card and automatically deducts all extra expenses from the balance every time the user makes a payment. The Binance Card is issued by Visa and accepted by more than 46 million crypto merchants offline and online in 200 regions and territories, which makes shopping with crypto easier.
Do you want one of these? 💳
— CZ Binance 🔶🔶🔶 (@cz_binance) March 26, 2020
Where Do You Get Binance Card?
Binance is currently releasing the Binance Card in the beta version. In the coming weeks, it is aiming to make the card available globally to all the existing and new binance users.
The card will initially be released in Malaysia, followed by Vietnam and gradually to other countries.
To get a Binance Card, one has to register through the landing page. The users will be notified once the card is available in their respective regions. The users just have to download the Binance Card App, log in to their Binance accounts or register for a new one, and complete the simple and secure identity verification process.
The users have to place the order for the card at a one-time cost of 15USD which is used as initial top-up from the crypto wallet to the Binance Card balance. The users have to just transfer 15USD worth of BNB or BTC to their card balance. There are no monthly or annual charges for card usage.
How to Use the Card After its Arrival?
The users need to use and take control of the card within the interface of one single application. The Binance Card App enables you to manage your funds, card security, and spending with only a few clicks. Once the new card arrives, it has to be loaded with funds. The user has to just transfer Bitcoin or BNB from the Binance.com wallet to the Binance Card wallet and that’s it, the card will be ready to use.
Shopping online and paying bills with crypto is no longer a daunting task. A lot of merchants now offer crypto payment services for specific methods or make the payments and take crypto. The alternate method is to sell crypto and wait for the withdrawal to arrive at your respective bank account. Binance aims to provide better services to users to make life easier for them.