Binance Card - Shop with Crypto Anywhere in The World

in Project HOPE4 years ago

Crypto cards are not anything new, a few companies have them yet as usual Binance steps the game up. It will be cheaper than anywhere and connected to your exchange 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.
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So you will be spending crypto that you need to pay for stuff not sell to load card as few companies do it now (some don't as I said, this product already exists).

The card right now works as virtual and will be first released in Malaysia, then Vietnam, and add more countries slowly.

To subscribe for interest in card go to https://card.binance.com/en/ and register.
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The Binance Card App (available soon.) will allow managing cryptocurrency, card security, and spending with only a few taps. Once it arrives, you need to load it with BTC/BNB from your Binance.com wallet to the Binance Card wallet, and you're ready to go.

Binance Markets

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Notice the 3x Long and Short. While trading on a normal spot, not Futures or Margin you can still bet on Ethereum going up or down and it is super popular on Binance now. No documents needed to trade that.

Enjoy and follow @kingscrown


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Not interested in Bianance.. hope they go bankrupt

1h after my post they decided to take down leverage spot trading.
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Living in New York State will probably make me the last person in the world with a Binance card 😞

This is very good news, I have been thinking for a long time that it is a good time to deepen the use of cryptography in society.

Leave the dependence on centralized banks, and no doubt this is a good option and possibility.

Thanks @kingscrown for the information

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.