The crypto-verse is a perfect example of innovating on the already available resources. Binance, a Malta-based cryptocurrency exchange, has been time and again making its way into the headlines by rolling out several developments. Back in July 2020, the world’s largest exchange announced that it would soon roll out a crypto debit card for the EEA region. As per the exchange’s most recent announcement, the crypto debit card is ready to go out and about.
Binance Visa Card “Coolest Card In Your Wallet”?
The crypto industry has been developing in terms of both value and popularity. As the market has been gaining traction, the crypto platforms have been upping their game. Binance seems to be following suit as the exchange is all set to roll out its debit card. In its latest announcement, Binance revealed that the Binance Visa cards were ready to be shipped in the European Economic Area.
The announcement read,
“Great news! As of today, the physical Binance Visa Cards are being shipped within the EEA-region. You can order your physical card here. For those of you who already ordered the card, can now complete the delivery process in their Card wallet.”
To aid the crypto debit card, the Malta-based exchange further added support to Ether [ETH]. Binance further went on to list the benefits of hoarding a physical card. This physical card would allow users with a daily spend limit of 8,700 EUR along with a 290 EUR daily ATM retrieval. The exchange also offers the “free card with zero fees” which is reportedly valid till 2021. Furthermore, an 8% cashback was offered with this card. Binance seems to be going above and beyond to provide for its consumers. Previously, the exchange offered a cashback up to 7% on purchases with the card.
Binance had delivered as promised. With the announcement of a crypto debit card back in July, the exchange had affirmed that a physical card was in the works and would be processed within the next few months.