Binance provides an opportunity to send fiat currencies via gift cards

Since June of this year, Binance offers the opportunity to send fiat currencies via gift cards. UAH, RUB and NGN are available for sending now. In the future, the exchange plans to add other fiat currencies.

Binance provides an opportunity to send fiat currencies via gift cards

A fiat gift card is a prepaid voucher. This card allows users to send and receive fiat currencies quickly and free of charge.

You can create the card in your Binance app, which makes it even more convenient. You will be able to choose the design for your card from the suggested templates, as well as add your personalized message. It will be an original gift to the recipient.

The card also has a feature that allows you to control who redeems it. So you can be sure that the funds will be received by the person that you have designated.

If you need to send funds to a user who does not have a Binance account, then enclose your Binance referral code. The recipient will be able to register an account and redeem right away.

To send a fiat gift card, you need to follow the steps below:

  • Log into your Binance app and select “Wallets” – “Transfer”. Then transfer the fiat currency from the Spot Wallet to the Funding Wallet;
  • Go to the homepage and tap “Profile” – “Gift card” – “Send”;
  • In the “Gift Card Template” section, select the currency and amount. You can also attach your referral code;
  • After completing the settings, tap “Create” and enter the 2FA code to confirm the transaction;
  • Then you need to go to the Gift Card page and select “Send”. The card can be sent via text or email;
  • If you want to send via text, there will be a window with information about the card and the gift card code, which you need to send to the recipient;
  • If you wish to send via email, you need to enter the recipient’s email address, your name and message.

To redeem a Fiat Gift Card, you need:

  • Log into your Binance app and select “Profile” – “Gift Card”;
  • Select “Receive” and enter the gift card code;
  • To credit the funds to your Funding Wallet, select “Redeem to Crypto” and enter the gift card code.

If you do not have a Binance account yet, then you can register it with us and get even more benefits from the VipDeposits loyalty program.

You will be interested
Binance will cease support for BUSD stablecoin, remaining balances will be converted to FDUSD Binance will cease support for BUSD stablecoin, remaining balances will be converted to FDUSD Binance’s new CEO announced future plans for crypto exchange Binance's new CEO announced future plans for crypto exchange Binance launches Grand Futures Tournament Binance launches Futures Grand Tournament Binance to pay a fine in the US, as its CEO Changpeng Zhao steps down Binance to pay a fine in the US, as its CEO Changpeng Zhao steps down Binance and the NBK have issued a stablecoin backed by digital tenge Binance and the NBK have issued a stablecoin backed by digital tenge
Get the news first
Subscribe to the newsletter
Share
Read more