Some of Binance Users Will Be Able to Issue Virtual Crypto Card

Binance Pay has partnered with the fintech project CardB to enable users in Azerbaijan, Armenia, Tajikistan, Moldova, Ukraine, Kyrgyzstan, and Turkmenistan to issue a virtual payment crypto card. This card allows customers to make convenient payments with crypto for daily purchases.

Some of Binance Users Will Be Able to Issue Virtual Crypto Card

To get the card, you must have a Binance account and download the CardB mobile app. The card offers three levels: Blue, Bronze, or Gold. While the Blue card is free, Bronze and Gold cards incur a fee of $0.99.

Replenishing the card is possible only via Binance Pay using any cryptocurrency supported by the crypto exchange. Additionally, CardB will be compatible with Apple Pay and Samsung Pay, expanding its accessibility and versatility.

To obtain this virtual payment card through the Binance app, follow these steps outlined by VipDeposits:

  • Create a Binance account and complete the verification procedure;
  • Download and install the CardB app on your mobile phone, then proceed with the registration;
  • Enter your country and phone number, and get the confirmation code;
  • Fill in all the necessary information and confirm your email address by entering the verification code;
  • Enter your first and last name, create a password, and select the desired level (Blue, Bronze, or Gold);
  • Specify the card amount, select the payment type, and complete the operation within the Binance app.

Furthermore, Binance and CardB have announced a limited promotion where a fixed fee of $0.99 will be applicable for card usage from November 7, 2023, to February 5, 2024.

Earlier, Binance announced the cessation of crypto card issuance within the European Economic Area (EEA). Existing accounts will no longer be usable after December 20. However, this change will not affect the main accounts of users.

In October, Binance resumed euro transactions.

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