Fellow Binancians,
We are excited to announce that you can now sell all cryptocurrencies for fiat, and directly transfer the funds received to your credit/debit card via the Sell Crypto to Credit/Debit Card feature. There are 11 fiat currencies supported for this feature.
List of supported fiat currencies:
- AED, AUD, BGN, CZK, DKK, EUR, GBP, HRK, NZD, PLN, UAH
Users need to complete account verification in order to sell cryptocurrencies for fiat and directly transfer the funds to their Credit/Debit Cards, and increase withdrawal limits.
For more information:
- How to Sell Cryptocurrencies for Fiat Currencies and Directly Transfer to Credit/Debit Card
- Sell Cryptocurrencies with Credit/Debit Card in Four Steps
Note: These features are made available on Binance through the services of third-party partners that Binance works with from time to time and are not provided by Binance directly. It is important to note that the transactions are local and that there is no foreign remittance of money. Please refer to our guidelines for further information.
For Brazil only: Binance users paying with credit/debit cards will be charged the IOF tax with every card transaction on Binance.
Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence. Purchasing crypto assets are not covered by the Financial Ombudsman Service or subject to protection under the Financial Services Compensation Scheme.
Thanks for your support!
Binance Team
2022-05-23
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.