Binance announces its own payment card

Binance just announced the upcoming arrival of its own debit card. The cryptocurrency initially plans to launch in Asia and then go on to other regions.

One of the largest crypto-exchanges on the planet, Binance, has just presented a debit card which will allow its users to easily spend Bitcoin (BTC) and Binance Coin (BNB) held in their Binance account.

You will no longer need to sell your crypto to pay your bills. With the Binance card, you can keep and spend only what you need, ”Binance wrote on his blog.

Issued by Visa, the Binance card is currently available in virtual format. The physical version will soon be offered at a rate of 15 dollars.

We are currently launching the Binance card in beta, and we're aiming to make it available worldwide to all users in the coming weeks. We’ll publish the map first in Malaysia, then in Vietnam and add more countries as we go, "the company said.

Last fall, TravelbyBit and Binance have jointly launched a debit card to pay in cryptocurrencies on several travel booking sites such as Booking and Expedia.

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With this new offer, Binance joined his rival Coinbase which already offers a card of this type since 2019 and in particular in France.


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