Today, the global blockchain and crypto exchange company, Binance, announced the official rollout of Binance Card in Europe and the United Kingdom (UK). This will help users to convert and spend their digital currencies such as BTC, BNB, SXP, and BUSD to fiat at over 60 million merchants. This will be available across 200 regions and territories worldwide.
Users living in the European Economic Area (EEA), will be able to apply for a Binance card in August while those residing in Uk will be next.
The Binance Card has advantages over other crypto cards as it works like a traditional debit card. The Binance Card enables digital assets to remain in their original form until a point-of-sale transaction occurs. This allows Binance Cardholders to convert and transact with cryptocurrencies in more than 60 million locations around the world easily.
Binance CEO Changpeng Zhao (CZ) said;
By providing a tangible way to transact, convert, and spend crypto for everyday use, we are furthering our mission of making crypto more accessible to the masses. Giving users the ability to convert and spend their crypto directly with merchants around the world, will make the crypto experience more seamless and applicable,” “We are looking forward to making the Binance Card available to users in other regions, as well as introducing new features to enhance the Binance Card experience through our partnership with Swipe
Binance’s Director of European Growth Josh Goodbody said:
We are delighted to finally get the Binance Card into our users’ hands, so they can start utilizing their crypto in their day-to-day lives,” “We see this product as a critical component within our ecosystem of services.
Goodbody also remarked that “Binance is on a journey to create an open digital financial ecosystem for everyone, banked or unbanked.”