Binance Card Launches in Europe

The largest cryptocurrency platform Binance has officially introduced its debit card for Europe andGreat Britain.

Card users will be able to make purchases using Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP) and the stable Binance USD currency from more than 60 million sellers in 200 regions around the world.

The exchange announced the launch of its cardprograms at the end of March last year. The card will not only provide a service that users can use with their traditional debit card, but will also be tied to a user account on the exchange and purchases will be debited directly from the user's account balance.

Most importantly, the card will work astraditional debit card. Unlike other crypto cards, which “require users to convert crypto into fiat currency manually,” the Binance card allows you to instantly convert crypto to fiat. Binance Card holders will be able to replenish their Card wallet directly from their Binance Spot Wallet, where the Swipe platform operates, in 31 European countries. In the USA, Swipe is not yet available.

According to the statement, eurozone users can already apply for cards from August, followed shortly by the UK. 

Subscribe to ForkNews on Telegram