What is a Binance card?

With the Binance Visa Card, you can convert and spend your favorite cryptocurrencies at more than 60 million merchants worldwide. Just transfer crypto from your spot wallet to your card wallet, and you’re ready to go. Spend your crypto anytime, anywhere. … Binance will not charge any administrative or processing fees*.

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Moreover, where can I use Binance card?

With the Binance Visa Card, you can use the crypto assets in your Binance account to spend and transact at more than 60 million locations around the world, wherever Visa is accepted. In addition, you can now link your Binance Card virtually with Google Pay and Samsung Pay.

Herein, how do you get a Binance card? To order a Binance Card, you must be KYC level 1 verified and live in an available country.

Just so, can I use a debit card on Binance?

This is why we made things easy for you on Binance. You can use your credit or debit card to buy BTC, BNB, ETH, and more cryptocurrencies. All you need to do is to go to our Binance homepage and click [Buy Now].

Can I withdraw money from Binance card?

Binance supports more than 60 fiat currencies and multiple different payment methods. … Select the fiat currency you’d like to withdraw and the payment method. Binance supports credit cards, debit cards, bank transfers, or cash balance.

Are Binance cards safe?

The Binance Fiat Gateway provides for up to 40 fiat currencies via bank cards, VISA, and MasterCard among other third party payment methods. The exchange has several security features in place designed to protect users from spam attacks as well as unauthorized access to trading accounts.

Why is Binance banned in the US?

Binance said in an earlier statement Thursday that it blocks U.S. residents from its website and uses advanced technology to analyze deposits and withdrawals for signs of illicit transactions. Binance takes its compliance obligations “very seriously,” the company said. The CFTC declined to comment.

Which countries Cannot use Binance?

The names of the blacklisted countries are the USA, Albania, Belarus, Bosnia, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, the Crimea region of Ukraine, Croatia, Cuba, Herzegovina, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, …

Is Binance banned in US?

US residents still using Binance for trading received a surprise this week.

Can I withdraw naira from Binance?

In fact, the NGN in your Binance wallet are your exchange-traded assets with which you can trade on the spot market e.g NGN/USDT, NGN/BTC, or transfer it to P2P for withdrawal to any of your Bank Accounts.

Why is my card being declined on Binance?

Transaction declined by the card issuer:

The bank’s fraud rules (which consider various factors that are not made public) have been triggered. The bank may have placed a temporary hold on the customer’s card. The purchase session may have been locked due to multiple declined payments.

Can I pay with Binance?

Today, Binance Pay is available for both peer-to-peer payments and merchant-based transactions. This new payment platform on Binance lets users and merchants choose their preferred payment options. With 30+ currencies supported, pay and get paid in Bitcoin, Ethereum, BNB, and more.

Is Binance better than Coinbase?

Coinbase is best for buy and hold investors who want to purchase a currency and hold it for the long term. Binance offers much lower fees per transaction, as well as incentivizing high-volume traders with their fee structure. While they use a maker-taker fee structure, both the maker and taker fees are identical.

What fees does Binance charge?

General: 0.1% spot trading fee; 0.5% Instant Buy/Sell fee. At 0:00 AM (EST) every day, your trading volume over the past 30-day period and your daily BNB balance are evaluated. Your Tier level and corresponding Maker/Taker fees will be updated approximately one hour later.

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