Binance issues Visa cards to European customers

The world's leading crypto exchange, Binance, is now shipping physical Binance Visa cards within the European Economic Area, bringing consumers closer to a solution that can be used in the mainstream.

Based on a December 14 announcement, the company has begun sending cards to consumers who wish to add plastic to their wallets and benefit from another channel to use their Binance accounts.

Binance has added Ether support, allowing consumers to use their crypto debit cards to pay with various altcoins. The daily spending limit on Binance Visa has been set at $10,600 and daily withdrawals are $350.

The cards have up to 8% cashback and won't charge any fees until 2021. Binance announced its bank card solution earlier in 2020, reassuring consumers interested in physical cards that they will now have a chance to use those.

Next, Binance wants to launch a crypto debit card in Russia, something that should happen from 2021 onwards.

In the meantime, you are more than free to see if Binance will work at your favorite crypto casinos, including Bitcasino, FortuneJack or BitStarz.

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Written by Alex

Reporter

Alex is a well-rounded crypto writer who focuses on general market and legal developments. His main interest lies in how crypto gaming can become a more permanent part of the gaming landscape and how blockchain holds benefits to players they are not even aware of.

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