- A card has just been announced by one of the biggest cryptocurrency platforms in the industry.
- This new card is similar to that of a Visa issued debit card that will give users the ability to shop online or make payments with crypto from anywhere on earth.
- The card will also be directly connected to the user's account on Binance.
A card has just been announced by one of the biggest cryptocurrency platforms in the industry. This new card is similar to that of a Visa issued debit card that will give users the ability to shop online or make payments with crypto from anywhere on earth. The card will also be directly connected to the user's account on Binance.
This is of course, a huge step towards mainstream cryptocurrency adoption on a global scale. By making it easy to use digital currency for everyday purchases and settlement of bills, adoption is well on its way to becoming
It was announced in a blog post published earlier this week on the 26th of March that the platform is allowing its users to make regular payments using its newly announced Binance Card. Users of the card will be able to pre-load them using either bitcoin or BNB (Binance coin).
Introducing the #Binance Card: Shop and Pay With #Crypto Anywhere in the World— Binance (@binance) March 26, 2020
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
The card it’s going to be accepted by just under 50 merchants in around 200 regions across the world - this will be both offline and online. With the card, users won’t have to sell their cryptocurrency in order to make payments as they can just effortlessly spend the amount they wish was holding onto the rest of their holdings in crypto.
Currently, the card is only available as a virtual card in its beta version. It will be available to all those interested users on Binance over the next few weeks. The platform is getting ready to launch the card in Malaysia as early as April and then will move on to Vietnam next.