Last updated: 2 Dec 2024
Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
Effective from 20 July 2023, only verified entity accounts can create and transfer Binance Gift Cards. If you wish to create and transfer gift cards, please register for an entity account and complete Entity Verification. You will also need to sign a gift card distribution agreement. To receive a copy of the agreement template and more information, please contact giftcard@binance.com.
Notes:
- Please sign out of your existing Binance account before attempting to register for a new entity account.
- Personal Binance accounts will still be able to send and redeem gift cards. If you want to buy gift cards, please visit our Gift Card merchants.
What is Binance Gift Card?
Binance Gift Card is a prepaid crypto voucher that allows simple crypto transfer and exchange. Binance Gift Cards can be purchased from merchants by both crypto and non-crypto users. You can use it to deposit funds into your Binance account.
What are the use cases and benefits of distributing Binance Gift Cards?
As a Binance Gift Card Distributor, the most common use cases and benefits include:
- Expanding your reach by distributing Binance Gift Cards to a wide audience
- Engage and reward customers worldwide with Binance Gift Cards as loyalty rewards
- Become a B2B Gift Card Provider to attract and collaborate with other businesses
Step-by-step on how to use Binance Gift Cards
Step 1: Register for a Binance entity account and complete Entity Verification.
Notes:
- Please sign out of your existing Binance account before attempting to register for a new entity account.
- Effective from 21 March 2023, verified entity accounts from Spain, Italy, France, Poland, and Sweden require additional verification to create Binance Gift Cards. If you’re interested in creating Binance Gift Cards, please reach out to customer support for assistance.
Step 2: Contact giftcard@binance.com to receive a copy of the agreement template and for more information.
Step 3: Once the agreement is signed, prepare the funds in your Binance Funding Wallet or Spot Wallet .
Step 4: Generate Binance Gift Cards via API or bulk create Binance Gift Cards via the Gift Card website.
The monthly Binance Gift Cards creation amount and quantity limits are as follows:
- Amount limit: 4,200,000 USDC/month
- Creation limit: 6000 Gift Cards/month
Step 5: Distribute Binance Gift Cards on your platform.
Bulk Create Flow:
Step 1: Deposit funds into your Binance Wallet and bulk create Binance Gift Cards.
Step 2: Receive Binance Gift Card orders from customers and get paid in cash.
Step 3: Send pre-created Binance Gift Cards to customers.
Step 4: Customers redeem Binance Gift Cards to crypto on Binance.
API Flow:
Step 1: Set up the Binance Gift Card API and deposit funds into your Binance Funding Wallet.
Step 2: Receive Binance Gift Card orders from customers and get paid in cash.
Step 3: Generate Binance Gift Cards via API and send them to customers.
Step 4: Customers redeem Binance Gift Cards to crypto on Binance.
Frequently Asked Questions
Once you become a distributor of Binance Gift Card, you can set your preferred price.
You may use Binance Gift Cards as an incentive to engage regular customers. For example, you can replace customer loyalty/reward points with Binance Gift Cards, e.g., an airline company can convert customers’ miles into Binance Gift Cards.
Monthly limits are adjusted on a case to case basis. Please reach out to your account manager/BD to request a limit change. Alternatively, you can email giftcard@binance.com to raise your case.
You can create Binance Gift Cards with the majority of cryptocurrencies listed in the Binance Funding Wallet, unless otherwise indicated due to local regulations.
You can sell gift cards using your distributor platforms and outlets.
We currently do not provide invoices for Gift Card purchases.
