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RE: Binance Card - Shop with Crypto Anywhere in The World

in Project HOPE4 years ago

To be honest, I am only lukewarm about this as development. What is really happening is that Binance is using your crypto and converting to fiat to making the payment to the merchant. This isn't really furthering the use of crypto but furthering the use of Binance on your funds. Others like Coinbase have provided this type of card for a while.

When I can go into more shops and actually pay in Bitcoin without a fiat conversion, then that would be a good development.

Thanks for sharing though @kingscrown - I hadn't seen this from Binance.