Binance Crypto Card | Binance (2024)

FAQs

Is Binance crypto card free? ›

The main advantage of the Binance debit card is that there are no monthly fees, and no issuance fee. The major drawback of the card is the hidden Crypto Conversion Fees and limited cryptocurrency support.

Unfortunately, the Binance card ceased operations in December 2023, citing regulatory reasons. While the card's end of service left users searching for another option, it paved the way for new alternatives to take center stage.

Zero fees: The Binance Card has no annual fees or transaction fees, making it a cost-effective solution for crypto users. Security: The Binance Card comes with advanced security features, including 3D secure and real-time transaction alerts, ensuring that users' funds are always safe and secure.

Log in to your Binance account and navigate to the Funding Wallet. 2. Click [Transfer] and you will be able to transfer funds within your daily Funding Wallet transfer limits. The transfer will be instant and you can use the funds immediately.

Ordering and using the Binance Card are free.

Binance Visa debit card services will close down in the European Economic Area (EEA) on December 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance accounts will be unaffected.

It is available to Binance users living in the following countries: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, etc.

Can you withdraw money from an ATM with a Binance card? Yes. the card is denominated in Euro. If you make a purchase or an ATM withdrawal in any other currency, it will convert the Euro amount using the exchange rate set by Visa on the day they process the transaction.

Is Binance Exchange Safe? Binance is often considered one of the safest exchanges in the world if you consider the level of security. If the exchange crashed or a hacker stole assets or funds, the SAFU reimburses its users from the $1 billion fund. Not every platform has an insurance fund in place.

Binance Card services will no longer be offered in the EEA, but you can use your existing physical or virtual card as usual until 20 December 2023 00:00 (UTC+0). Your Binance account will not be affected.

What can I use my Binance card for? ›

The Binance Card enables you to convert your cryptocurrencies to fiat currency in real-time, allowing you to spend your crypto assets with merchants worldwide.

Crypto.com offers our users one for free: No monthly fee. No annual fee. No setup fee.

Coinbase, for example, charges a 3.99% fee for credit card payments. Binance charges around 2%. Other fees to pay on an exchange include transaction or spread fees. These fees will vary from exchange to exchange.

Item Description. The Binance Gift Card is a safe and fast way to send cryptocurrencies to Binance users and friends - at no extra cost. Make a gift to your loved ones and give them the beginning of an adventure in the world of cryptocurrencies!

Binance fees for cryptocurrency trading

In particular, deposits are free and the minimum amount is €1. However, the costs of other fees vary depending on the type of transaction.