Binance has started sending its Visa cards to European
Binance has started sending its Visa cards to European customers
Binance has started sending its physical Visa cards throughout the European Economic Area, now also supporting
Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards across the European Economic Area, an announcement recently released by the company confirms.
Binance has also added support by Bitcoin Superstar for Ether (ETH) to its crypto debit card, allowing customers to make payments with altcoin as well. „Simply transfer Ethereum to your Card Wallet and subsequently drag and drop it on top of your other coins to make it the default payment asset,“ the announcement explained.
European Economic Area in July this year
The physical Binance Visa card has a daily spending limit of €8,700, while maximum ATM withdrawals amount to €290 per day. As previously confirmed by the company, the card offers 8% cashback and zero fees until 2021.
Binance announced its crypto debit card for the European Economic Area in July this year, initially offering virtual-only cards. „For those who want a physical card, we will process shipments in the coming months,“ the company had stated at the time.
The Binance Visa card, officially unveiled in April, is a very important product for the company. Binance would like to launch the card in Russia as well, but uncertain regulations are hampering the company’s plans.
Gleb Kostarev, Binance’s head of operations for Russia and the CIS, commented:
„We are working hard to provide all Binance users with the same experience in full compliance with local regulations. Russia is an important market for us. We are working on the launch of Binance Card in Russia, but at the moment we are not able to indicate the exact launch date or provide a legal opinion on the matter.“