‘HODLer’ or ‘Diamond hands’ is a slang term for those that hold onto their assets indefinitely. Whether you’re a HODLer or not, the Binance Card is not only a great way for you to spend your crypto in real life, but also to earn attractive cashback. 

Launched in 2020, the Binance Card has already established itself as a heavyweight in the crypto debit card market. It is available in EEA and LATAM, with plans to expand into many more countries. Let’s dive right in.

How to use Binance Card

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. 

The Binance card works very much like your normal debit card, you simply have to top up your card balance (aka Card funding wallet) via your spot wallet. The Binance Card currently supports 14 cryptocurrencies, including ADA, AVAX, BNB, BTC, BUSD, DOT, ETH, LAZIO, PORTO, SANTOS, SHIB, SXP, USDT, and XRP.

What’s great is that you will be able to arrange your currency priority based on your personal preference. 

Cashback

Binance Card offers cashback for every purchase that you make with the card. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets.

You will get a chance to earn EXTRA cashback from our Binance Card campaigns, do keep a lookout!

Available countries

These are the list of countries which Binance Card is available in: 

Argentina, Austria, Bahrain, Belgium, Brazil, Bulgaria, Colombia, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Peru, Poland, Portugal, Republic of Cyprus, Romania, Russia, Slovakia, Slovenia, Spain, Sweden

Our team is currently working to expand into many more countries. Do not fret if you are not residing in the above countries, you will receive a notification when the Binance Card becomes available in your country. 

All set to go? Apply for your Binance Card now and start earning cashback on your purchases! 

Get yours: https://www.binance.com/en/cards

Hey Binancian! 

Make every transaction count and unlock a world of savings with your Binance Card. 

Take advantage of an extra 10% cashback (up to 2 USDT/month) on your first Binance Card transaction with eligible merchants — including Spotify, Amazon, and more! 

Here’s how it works:

Set your Binance Card as the default payment method with an eligible merchant for the first time.

Make your first transaction with the merchant before June 15, 2023 (00:00 UTC)

Get 10% cashback on top of your regular cashback rewards.

These are the eligible merchants:

Adobe

AIRBNB

Amazon

Apple Music

Blizzard

Discord

Disney+

Freenow

Google

Home Box Office (HBO)

LinkedIn

Microsoft

Netflix

Paypal

Playstation

Probiller

Shopify

Spotify

Uber

Zoom

Supercharge your rewards today by transacting at your favourite merchants! Get your Binance Card now!

https://www.binance.com/en/cards

In our previous article: ‘Future of Crypto Cards’, we alluded to how the Binance Card will have much more real-world utility in the coming months. We’re excited to announce that the Binance Card is now accepted at Automated Fuel Dispensers in EEA.

What are Automated Fuel Dispensers (AFD)?

Gone are the days of waiting in long lines for an attendant to fill up your tank. An automated fuel dispenser (or AFD) allows you to pay for your gas and pump it yourself.

After completing your transaction, your billing information is transmitted and your account will be billed. If the kiosk had charged a higher amount at the point of authorisation, any excess payment will be automatically refunded back to your account after we are notified of the actual charge.

Fill up with Binance Card

Enjoy amazing rewards wherever your travel takes you. Simply swipe your Binance Card at any petrol stations or automated fuel dispensers and earn up to 8% cashback. 

What are you waiting for? Get your Binance Card now!

https://www.binance.com/en/cards

Binancians, get ready for a flash sale like no other! In collaboration with Uquid, a leading Web3 Shopping platform, you will be able to purchase gift cards with your Binance Card from top-rated brands at discounted prices. From lifestyle to entertainment, we got you covered!

Keep your finger on the pulse and be on the lookout for deals from your favourite brands! The deals are for a limited time only and available on a first come first basis. You certainly do not want to miss out!

Friends that share deals together stay together! Share this with your friends and get rewarded when they purchase these limited time offer gift cards. Get rewarded by simply spreading the word.

Look out for more details regarding this campaign in the Binance Card homepage.

Save big on these limited time offers and earn rewards for referring your friends! Get your Binance Card now!

https://www.binance.com/en/cards

When Satoshi Nakamoto wrote his white paper in 2008, he envisioned cryptocurrency as a global digital payment system. While the notion of spending your crypto doesn’t seem especially appealing in this climate, there’s no better time to learn than now. 

This article first explores how crypto cards have quickly evolved to become a bridge between traditional financial institutions and Web3, before exploring its potential future use cases.

Overview of crypto cards

A crypto debit card like the Binance Card works very much like a traditional debit card in how you pay a merchant with the pre-loaded balance in your card (aka funding wallet for Binance Card). 

However, the difference lies in the type of assets in this pre-loaded balance. Instead of fiat currency used for traditional debit cards, crypto cards are loaded with cryptocurrencies. 

A common misconception is that the merchant has to accept crypto as a form of payment. However, the merchant actually receives payment in Fiat. Crypto is converted to fiat in real-time and is paid to the merchant.

Crypto card vs paying via crypto wallets

It is possible to make payments via a self custodial wallet. However, unless the merchant has a wallet address on hand, this process can be extremely tedious. A user has to transfer his/her crypto to an exchange to convert it to fiat and withdraw the amount to their bank account. 

While using a crypto card is less decentralised as this method involves a payment gateway acting as an intermediary in the crypto-fiat conversion, it is definitely much more convenient than doing this conversion manually for each transaction.

Crypto card vs traditional debit card

One of the most obvious benefits of using a crypto card is that you will be able to use your crypto in everyday transactions. 

When using a crypto card, you will be subjected to the market rates of the crypto currency you wish to transact with instead of the exchange rate. Transacting in country A will give you the same rate as country B as long as the crypto card is available in both countries.

Outlook on crypto cards

With the rapid developments of DeFi, dApps and the Metaverse, it is highly likely that crypto cards will be integrated into these developments. 

Many central banks across the globe are considering or even experimenting with Central Bank Digital Currencies (CBDC). CBDC is a digitalised form of fiat currency issued by a central bank. The goals of the CBDC have parallels with crypto in how they seek to improve financial inclusion whilst increasing the speed and efficiency of payments. While the details or implications of CBDCs are not fully spelled out yet, it’s more likely that not that CBDCs will coexist with crypto. 

As the financial system becomes increasingly digitalised, one can expect crypto cards to rise in prominence, given how they already act as the bridge between digital assets and real world merchants. 

Zooming into the Binance Card, it is currently available in over 30 countries across the EEA and LATAM regions, with Brazil being one of the recent additions. The Binance card is set to launch in Colombia and Bahrain soon, with many more countries on the horizon.

Closing thoughts

Perhaps we are still far from the digital global payment system envisioned by Satoshi Nakamoto. However, with crypto cards being the medium to use crypto in a fast and convenient way, crypto cards can potentially be the key to unlocking global mass adoption.

Get your Binance Card now & earn up to 8% cashback!

https://www.binance.com/en/cards

Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use and Risk Warning.

In our last article: Introduction to Binance Card, we mentioned how you will be able to earn attractive cashback on your purchases. Let’s explore how you can maximise your returns using the Binance Card

Holding More BNB

Binance Card offers cashback for every purchase that you make with the card. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Holding more BNB simply gives you a higher cashback.

Pro tip: Your daily average BNB balance includes all your Binance accounts. Stake your BNB in the earn program or in the BNB vault to earn passive income while increasing the cashback level on your Binance Card!

Binance Card Campaigns

Every month, we will also be pushing out campaigns for you to earn additional rewards on top of the regular cashback. These are the card campaigns for the month of March:

a. March Welcome Gift

Complete simple tasks to claim your CryptoBox rewards before the offer ends! You do not want to miss out!

b. Limited Time Offer

Snipe incredible deals from our partner merchants. Sharing is caring, so you will be rewarded when you refer these deals to your friends!

Get up to date with the latest card promotions via our social media platforms and your Binance app!

Wait no more, get your Binance Card now!

https://www.binance.com/en/cards