The world’s largest digital currency exchange, Binance, is looking to make shopping with crypto easier.
The Malta-based exchange recently unveiled the Binance Card, a debit card attached to your Binance.com account.
The Binance Card does everything a regular payment card does, plus much more. It works like a regular debit card issued by your bank – which, in this case, is your Binance.com account. You simply top-up your card with funds through the Binance Card App in the form of Bitcoin or BNB, and you’re ready to go. It’s as simple as transferring BNB from one wallet to another. Your card will then use this balance for your card payments and automatically deduct all expenses from the balance every time you make payment.
The card will be issued by Visa and as such, will be accepted by 46 million merchants offline and online in 200 regions and territories.
The Binance Card will initially be launched in Malaysia and then in Vietnam. The company will add more countries as it moves forward with the project.