Binance to issue Binance Crypto Card

The popular cryptocurrency exchange Binance has introduced its Binance crypto card.

The card works like any bank-issued debit card and allows users to leverage their crypto balance in their accounts.

Currently, the card is introduced as a Virtual Binance Card. The physical card will be introduced in the coming days, notes the announcement. The Binance Card is still in Beta phase.

Executive Opinion

The Binance announcement said, "You simply top-up your card with funds through the Binance Card App in the form of Bitcoin or BNB, and you're ready to go. It's as simple as transferring BNB from one wallet to another. Your card will then use this balance for your card payments and automatically deduct all expenses from the balance every time you make payment. "

The Binance Crypto Card

To avail the card, users need to download Binance App and complete KYC. The card costs $15 and requires users to transfer $15 valued BTC or BNB to the card balance. Binance Card App can manage funds, card security, and enable crypto spending with ease.

Around 46 million merchants offline and online in 200 regions and territories. The Binance card allows to spent crypto directly from their card wallet without requiring to sell crypto.
According to the announcement, users can register their interests at https://card.binance.com/en/