Binance’s crypto debit card is now officially available in Europe Binance has finally launched its long-awaited crypto debit card in Europe. Facebook Twitter Google+ LinkedIn Tumblr Pinterest Reddit Pocket. According to a Tuesday blog post, the debit card automatically converts its holders’ crypto funds into a local currency, allowing them to spend crypto like Bitcoin at 60 million locations around the world. The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe. Binance told Cointelegraph on 14 July that users based in the EEA will be able to apply for a Binance card from August. Originally launched in China, the company decided to relocate to a more cryptocurrency-friendly environment. Trade on the go with Binance’s mobile crypto trading app: Facebook: https://www.facebook.com/binance, Instagram: https://www.instagram.com/binance, Escanear para descargar la aplicación para iOS y Android. Supported Countries. Binance is aggressively pushing its new crypto debit card. With the Binance Visa Card, you can convert and spend cryptocurrencies at more than 60 million merchants worldwide. Crypto cards allow users to preload their accounts using supported cryptocurrencies, which are then converted to fiat and deducted from the balance during the time of payment at a retail location. Binance is also developing an ancillary Binance Card App that will be a mobile interface to manage the card funds. Order and Activate Your Binance Card. Spend your crypto anytime, anywhere. The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Binance does not specify which countries are supported and which countries are not supported but they did have couple of episodes of sudden blocks for traders from different countries around the world. Cardano’s coming of age – will it hit Bitcoin and Ethereum? Binance.com. Binance’s crypto Visa card is now available all across EEA countries The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe. 25 comments. Withdrawal Methods Cryptocurrency only. Disfruta de un apalancamiento mayor sin riesgo de liquidación, Obtén más recompensas al conectarte a los pool, Convierte tus criptos y realiza pagos alrededor del mundo, Obtén un préstamo instantáneo garantizado por criptoactivos, Conviértete en un proveedor de liquidez y duplica tus ganancias. Binance is the world’s largest crypto asset exchange and is based in Malta. Binance is aggressively pushing its new crypto debit card. Currently available in the United States; coming soon in 31 countries in Europe. Compra y vende opciones tradicionales de estilo europeo. Crypto exchange giant Binance revealed that its Binance Visa Card is now available for use throughout the European Economic Area, as per a release. The Binance card officially debuted in Europe in July, with the firm claiming that EEA-based users would be able to apply for a card in August. It's now operating from Malta with teams in more than 40 countries. However, the company had to move out of China due to the country's cryptocurrency ban. Since announcing its plans for Binance Visa Card in April, Binance has been aggressively pushing the new product. Within the two years that the Binance cryptocurrency exchange has served the industry, one of the biggest challenges faced by traders is how to buy crypto on Binance with credit cards.. As the largest exchange by trading volume, users believed that this feature would come at some point and the Chapeng Zhao-led platform has not failed. Binance Card: Crypto card issued by Binance for online and offline transactions. It comprises a total of 30 countries, excluding, for example, Switzerland and Russia. Posted by 3 months ago. To date, Binance USD is one of only three stablecoins that have been approved by U.S. regulators. The world’s largest cryptocurrency exchange, Binance, has launched a line of Visa cards for customers in the European Economic Area (EEA). save. best. It's also available in countries like India and Sudan. The physical card, they add, will come "shortly." Investors from all major regions like the US will be able to use Binance to trade cryptos. Even though the exchange was only launched in 2017, it has gained the trust of millions of investors and quickly … Users from EEA (European Economic Area) countries can now use it whenever they want as a debit card filled with digital currencies. 1. The EEA is the common European market area of the European Union, but also includes non-EU countries such as Iceland, Liechtenstein and Norway. Crypto.com Card Support Now Available in 30 Countries Across Europe. Binance Card is already available in Europe - YouTube Binance, the largest cryptocurrency platform, has started shipping its debit card to its first customers. Binance USD coins are ERC-20 tokens, issued on the Ethereum blockchain. report. Binance is actively promoting its new crypto debit card. To celebrate the launch in Europe, Binance is offering up to 7% cashback from purchases with the card. According to the announcement, Binance card will be available globally to all new and existing Binance users within the next few weeks. Sort by. The EEA-based users will be able to apply for a Binance Card starting next month. Digital asset wallet and debit card platform Swipe, owned by Binance, will be making its US debut soon. The United Kingdom’s membership within the EEA may end on 31 December 2020, depending on the outcome of Brexit negotiations. The card is currently in BETA version and will be slowly rolled out globally. Binance card available in the UK? According to the firm, this is the highest cashback rate available in the market to date. Binance, the leading exchange, has launched its Binance Visa Card in the European Economic Area. The following countries and regions are not affected by this restriction and users can continue to use the service as normal: Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Republic of Cyprus, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, UK and Ukraine. As the Binance card is powered by Binance-owned crypto debit provider Swipe, the new product might soon enter the United States. While the United Kingdom will follow soon, users in other regions are invited to “register their interest” via the Binance Card website, the firm said. Binance.com . Fees 0.10% maker and taker fee . hide. Learn about the Binance Coin (BNB) cryptocurrency and how you can use it – what is Binance Coin (BNB), Binance Coin (BNB) market price chart, Binance Coin (BNB) conversion calculator. CEO Changpeng Zhao founded Binance back in 2017 and is headquartered in crypto-friendly Malta after having moved from China. Apart from UK residents. According to a Sept. 15 blog post, the Binance Visa Card is now available to everyone in the European Economic Area, or EEA, countries. level 1. Binance crypto exchange has announced that its Binance Visa Card is now available in Europe. share. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. Binance has announced that its Visa Card will be available to all eligible users in the EEA (European Economic Area). Users Binance from Iran, Belarus, Serbia, Bosnia, Myanmar and other countries with limited jurisdiction was denied access to the exchange immediately after sending notification of termination of services. High costs for card payments; Slow customer support ; Unregulated . Actualmente este artículo no es compatible en tu idioma. We will initially release the card in Malaysia, then follow with Vietnam, and add more countries as we move forward. The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe. 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Updated news about bitcoin and all cryptocurrencies. According to a Tuesday blog post, the Binance Visa Card is now available to everyone in European Economic Area, or EEA, countries. Binance; cryptocurrencies; Cryptocurrency Exchange; debit cards; Europe; Visa; Binance’s crypto Visa card is now available all across EEA countries 100% Upvoted. Available Countries All countries except for those on the UN Security Council Sanctions list. Since then, Binance has collected 15 million users and strikes an average per day trading of $2 billion. Binance Card will support a total of four cryptocurrencies at the launch including:. According to a Sept. 15 blog post, the Binance Visa Card is now available to everyone in the European Economic Area, or EEA, countries. Deposit Methods Cryptocurrency only. Se recomienda el traductor automático para el inglés. The rollout was initially announced in July this year. The card will cost a one-time fee of 15 USD. The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe. Binance is available in over 180 countries worldwide, but they built a separate platform for U.S.-based users due to strict KYC (Know Your Customer) and anti-money laundering restrictions required by the United States. Though not yet available in the United States, the firm supports payments in the dollar among other major fiat currencies such as euros and pound sterling. The platform was able to collect US $15,000,000 by issuing the native Binance coin. Hi guys I'm from England and I've just pre-ordered the Binance card but has anyone got there's yet? Log in or sign up to leave a comment Log In Sign Up. In Binance… Visa & Mastercard payments in the “Pay with Bank Card” feature will be temporarily disabled in the following countries and regions: Argentina, Brazil, Colombia, Hong Kong, India, Indonesia, Israel, Kazakhstan, Kenya, Malaysia, Mexico, Nigeria, Peru, Philippines, Singapore, South Africa, South Korea, Switzerland, Taiwan, Turkey and Vietnam. Customers… We apologise for the inconvenience caused. Binance’s much-anticipated cryptographic currency debit card, the Binance Card, is officially launched in the countries of the European Economic Area, or EEA. Binance card available in the UK? We strongly advise our readers to conduct their own research when making a decision. Importantly, the Binance Card is, for now, available as a virtual card in a Beta version, says the exchange. Binance’s highly-anticipated crypto debit card, Binance Card, is officially debuting in the European Economic Area or EEA countries. Updated List of Country Eligibility for the “Pay with Bank Card” Feature, Exchange descentralizado de activos digitales rápido y seguro, Incubadora para proyectos destacados de blockchain, Análisis e informes de nivel institucional, Acceso total a todas las herramientas de trading, Aumenta tus ganancias con el apalancamiento, Transferencia bancaria y más de 100 opciones, USDⓈ con margen, sin caducidad y apalancamiento de hasta 1:125, Token con margin con o sin fechas de vencimiento y apalancamiento de hasta 125x. Initially, it will only be available in certain countries, like Malaysia where it is tested right now. Indian IT giant Tech Mahindra to launch stablecoin tool for banks, XRP Knocks Out $ADA and $DOT On its Way to Top-5 With New 3-year High $1.07. In early September, Binance’s head of operations for Russia and the CIS told Cointelegraph that Binance Card is still on its way to Russia despite the country’s upcoming crypto payment ban. Binance Cons. The EEA includes all the 27 European Union (EU) countries plus Iceland, Liechtenstein, and Norway but not Switzerland. Binance.US offers a limited selection of cryptocurrencies and trade options compared to their main platform. Payment Methods Cryptocurrency, credit card, debit card. Binance is one of the world's largest cryptocurrency exchanges in the world whether you look at number of users, trading volume or … According to a Tuesday blog post, the Binance Visa Card is now available to everyone in European Economic Area, or EEA, … To celebrate the launch in Europe, Binance is offering up to 7% cashback […] Just transfer crypto from your spot wallet to your card wallet, and you're ready to go. 1 minute read. Binance noted that Binance Visa Card converts the user's crypto funds into a local currency automatically, allowing them to spend crypto like Bitcoin (BTC) at 60 million locations around the world. Each Binance USD coin is backed by one US dollar, held in FDIC insured US bank accounts owned by Paxos, who have partnered with Binance to meet stablecoin regulations. As for the U.S traders, Binance made a separate platform, Binance US, to serve only US based traders and restricts them to use their main platform. That said, people will be able to use the card … Binance is now available in more than 180 countries across the world. Ifaenyi Egede (Nigeria) May 28, 2020 - Last Updated: May 28, 2020. The service is already available in 31 countries. Close. Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Republic of Cyprus, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, UK and Ukraine. Swipe is already available in 31 countries, mostly in the European Union, including countries like France, Germany, Italy, and Spain, among others. ” feature will be temporarily disabled in the following countries and regions: Binance Adds NAV/ETH, RVN/TRY, THETA/EUR & XVG/BUSD Trading Pairs, Binance P2P Adds New Requirements to Posting Advertisement, Binance Adds ENJ/GBP, EOS/TRY, LTC/GBP & LUNA/EUR Trading Pairs, Buy ADA, BNB, CHZ, DOGE, DOT, ENJ, MATIC, VET and XRP Directly with CAD Using Your Credit Card. The long-awaited Binance Visa Card finally arrives to EEA countries Binance CEO Changpeng Zhao, also known as CZ, unveiled his platform’s plans to launch the Binance Card, a Visa debit card that will allow using crypto to purchase goods and services from merchants that usually don’t dabble in digital assets, earlier this year. Actively promoting its new crypto debit card Sanctions list card filled with digital currencies in the market to date Binance! 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