What is Binance Card on Binance?

Binance Card seamlessly integrates crypto payments into everyday life, allowing users to spend their cryptocurrencies at over 90 million Mastercard-accepting merchants worldwide.

Feb 15, 2025 at 05:24 pm

Key Points

Binance Card is a contactless payment card that allows users to spend cryptocurrencies directly at merchant locations worldwide.
It is issued in partnership with Mastercard and supported by the Binance Pay ecosystem.
The card offers cashback rewards and zero transaction fees for crypto payments.

What is Binance Card

Binance Card is a physical debit card that enables users to seamlessly convert their cryptocurrencies into fiat currency and make purchases at over 90 million Mastercard-accepting merchants globally. It is powered by the Binance Pay ecosystem and allows users to manage their card and crypto portfolio from within the Binance app.

How to Get a Binance Card

Sign up for a Binance account if you don't already have one.
Complete KYC verification by providing personal information and identity documents.
Apply for the Binance Card by providing additional information such as your address and contact number.
Once approved, your Binance Card will be physically delivered to your registered address.

Using Binance Card

Load your Binance Card with cryptocurrencies from your Binance account.
Make contactless payments at any Mastercard-accepting merchant.
The card will automatically convert your cryptocurrencies into fiat currency at the prevailing market rate.
You can also use the Binance Card to withdraw fiat currency from ATMs.

Benefits of Binance Card

Convenience: Spend cryptocurrencies directly at merchant locations without the need for manual conversions.
Cashback rewards: Earn cashback in the form of cryptocurrencies for every purchase made with the card.
Zero transaction fees: No charges for crypto payments, making it cost-effective to use.
Security: Binance Card uses advanced security measures such as chip-and-pin technology and follows industry-leading security protocols to protect user funds.

Troubleshooting Binance Card

If your Binance Card is lost or stolen, report it immediately to Binance and Mastercard to freeze the card and prevent unauthorized use.
In case of any issues with the card, contact the Binance Support team for assistance.

FAQs

Q: What cryptocurrencies are supported by Binance Card?
A: Binance Card supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), and many more.
Q: Can I use Binance Card to pay for online purchases?
A: Binance Card is currently only compatible with physical payments at Mastercard-accepting merchants. Online payments are not yet supported.
Q: Are there any limits on how much I can spend with Binance Card?
A: Binance Card has spending limits that vary depending on the user's account level and the applicable regulations in their jurisdiction.
Q: What countries is Binance Card available in?
A: Binance Card is available in over 20 countries, including the United Kingdom, France, Italy, Germany, and many more. The list of supported countries continues to expand.
Q: How do I activate my Binance Card?
A: Once you receive your Binance Card, you can activate it within the Binance app by entering the activation code provided on the card.

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