Binance, Exchanges

Which Countries Have Binance Cards?

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has launched a crypto debit card in partnership with Simplex, a licensed financial institution. The card allows users to spend their cryptocurrency holdings anywhere that accepts Visa.

The Binance Card is currently available in beta in Europe and the United Kingdom, and will be rolled out to additional countries in the coming months. The card supports major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and others.

Simplex processes all card transactions, converting cryptocurrency to fiat currency at the point of sale. Binance does not charge any fees for using the card, but Simplex charges a 3.

NOTE: WARNING: It is important to note that Binance cards are only available in certain countries and regions. Before attempting to purchase or use a Binance card, it is important to ensure that the country or region in which you reside is supported. If you attempt to purchase or use a Binance card in an unsupported country or region, your transaction may be declined and you may face legal consequences.

5% fee for each transaction.

The launch of the Binance Card is part of the company’s larger push into the payments space. Last year, Binance launched a point-of-sale system that allows merchants to accept cryptocurrency payments.

And earlier this year, the company announced plans to launch a peer-to-peer payments network using its own cryptocurrency, Binance Coin (BNB).

The Binance Card is currently available in Europe and the United Kingdom. The company plans to roll out the card to additional countries in the coming months.

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