Binance is the most popular cryptocurrency exchange on the market, but it always had one key weakness – not supporting fiat currency trading. Now, Binance is making steps to make it possible for its customers to purchase crypto with fiat currency. Recently, the firm partnered with payment processor Simplex to provide cryptocurrency purchases with a credit or debit card. Binance Visa Card enables users to instantly convert and spend cryptocurrencies at the point of sale. No need to manually top up your crypto debit card balance or pay excessive network fees. Read through our Binance Visa Card review to discover the benefits of their high cashback bitcoin debit card. Binance.US Launches Debit Card Payments, Gains Momentum in First Month Exceeding $15 Million Daily Trading Volume In its first 30 days since launching, the American digital asset marketplace, Binance.US , has jumped to $15 million in daily trading volume and increased token listings from seven to 24 tokens, bringing a total of 40 trading pairs to U.S. users. With the Binance Visa Card, you can convert and spend your favorite cryptocurrencies at more than 60 million merchants worldwide. Just transfer crypto from your spot wallet to your card wallet, and you're ready to go. Crypto exchange giant Binance launches its bitcoin debit card across European countries – a report by Saumil Kohli. September 16, 2020. Last Modified date - September 16, 2020 . The Binance card can be used to transact with crypto in over 60 million retail locations, featuring no maintenance charges and a cashback scheme. OKEx CEO Jay Hao called out the crypto exchange giant Binance and its ... Zu diesen Kryptos gehören Bitcoin (BTC), das native SXP-Token von Swipe, sowie das native Token BNB von Binance und Stablecoin, Binance USD (BUSD). Die Einführung der Binance Card wird es den Benutzern auch ermöglichen, die Kryptos sofort in Fiat umzuwandeln und bei über 60 Millionen Händlern in 200 Regionen und Gebieten auszugeben. Binance crypto debit card powered by Swipe. Swipe powers the new crypto debit card, Binance newly acquired crypto card that enables users to spend crypto at any outlet that accepts Visa payments. Binance Crypto Debit Card at the moment of launch, according to the platform, will only support four cryptocurrencies. Namely, Bitcoin (BTC), Swipe ... Introducing the Binance Card . The Binance Card does everything a regular payment card does, plus much more. It works like a regular debit card issued by your bank – which, in this case, is your Binance.com account. 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 ... Crypto exchange Binance has announced the launch of its crypto debit card in Europe and the UK. Dubbed Binance Card, it's powered by multi-asset wallet and Visa debit card platform Swipe. The card users will be able to pay with Bitcoin, Binance Coin, Swipe’s native SXP token and Binance USD stablecoin. Binance USD coins are ERC-20 tokens, issued on the Ethereum blockchain. 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. To date, Binance USD is one of only three stablecoins that have been approved by U.S. regulators.
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