How to Create Dual-Token Binance Gift Cards via API

Last updated: 05 Dec 2024

1. What are Binance Gift Cards?

Verified entity accounts that have completed Entity Verification and signed a Gift Card Distribution Agreement can create Binance Gift Cards using an API with stablecoins. For more information, please refer to How to Become a Binance Gift Card Merchant?

A dual-token Gift Card refers to a Gift Card which is redeemable to a designated token, but stablecoin-denominated.

For instance, you can use 100 USDC to create a dual-token Gift Card, with USDC as the stablecoin and BTC as the designated token, allowing the recipient to redeem the gift card value in BTC. This means the recipient would receive the equivalent of 100 USDC worth of BTC upon redemption.

Benefits include:

• You can create a wide variety of Binance Gift Cards, such as BTC and ETH Gift Cards using stablecoins.

2. How to create a dual-token gift card using Binance Gift Card API?

1. Register and verify

Ensure you’ve registered for an Entity Account and completed the Entity Verification. You must also sign the Gift Card Distribution Agreement. For more information, please refer to How to Complete Entity Verification (KYB) on Binance: Step-by-Step Guide.

Note: Please log out of your existing Binance account before attempting to register for a new entity account.

2. Set up Binance Gift Card API

Log in to your Binance account and go to [Profile] - [API Management] to set up a Binance Gift Card API.

For a step-by-step tutorial, please refer to How to Download and Set up Binance Gift Card API.

3. Fund your Spot Wallet.

Please make sure your Spot Wallet has sufficient funds to cover the gift card amount.

For more details, please refer to the Buy Crypto (Fiat/P2P) section on the Binance Support Center.

4. Create the Gift Card

Visit the Binance Gift Card API document website and follow the instructions under [Create a dual-token gift card (fixed value, discount feature) (TRADE)].

For more information, please visit the Gift Card FAQs page.