Binance Releases Cryptocurrency Debit Card

Popular cryptocurrency exchange Binance has announced the release of Binance Card, which will allowmake purchases in BTC andBNB in ​​46 million outlets in 200 countries.

Binance Card is no different than any otherpayment card, except that its issuer is Binance.com, and funds are deposited in bitcoins or Binance Coin (BNB) through the application of the same name.

Physical map will be available in the comingweeks starting from Malaysia and Vietnam, later for residents of other countries. To become its owner, you need to download the Binance Card application, register a new account and transfer $ 15 once to the card balance. No further monthly or annual fees will be charged.

The Binance Card application interface will allowtrack information about the balance status, transactions and card security settings. According to the assurances of the Bitcoin exchange in the future, it will only be necessary to transfer BNB and bitcoins from Binance to the Binance Card wallet.

The capabilities of the issued card were clearly demonstrated by the head of Binance Changpeng Zhao.

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Recall that earlier Coinbase was the first company to provide the ability to make mobile payments in digital currencies through Google Pay.