The leading cryptocurrency exchange, Binance, has started shipping its physical Binance Visa cards within the European Economic Area. Consistent with a recent official announcement on 14th Dec., users within the EEA region will soon receive their physical Binance Visa cards. Users that have already ordered the card can now complete the delivery process in their card wallet.
In addition to debuting its physical cards within the EEA region, Binance also added Ethereum [ETH] support to its cryptocurrency debit card, so users can now pay with the altcoin. “Simply transfer Ethereum to your Card wallet and drag it above the other coins to form it the well-liked payment asset,” Binance added.
The physical Binance Visa card features a daily spending limit of 8,700 euros [Around $10,600 USD], while daily ATM withdrawals amount to 290 euros [Around $350 USD]. As announced, the cards feature up to 8% cashback and 0% fees until 2021.
Binance officially announced its crypto debit card within the EEA region earlier in July this year, initially offering virtual Binance Visa cards. “For those that need a physical card, we’ll process these within subsequent few months,” Binance explained at the time.
Since announcing its plans for Binance Visa Card earlier in April 2020, Binance has been actively pushing the new product. After rolling out the card within the EEA, Binance announced its intentions to expand worldwide and launch its crypto card in countries like Russia.