Binance unveils plastic card for Europe
We have previously written about the development of real bank cards with cryptocurrency support. As digital assets are used more and more in popularity, it should come as no surprise that large companies are simplifying the process of onboarding new users in the industry. For example, the well-known exchange Binance has presented a real working plastic debit card that supports cryptocurrency. Now every citizen of Europe who wishes can get this solution. But before purchasing, we strongly advise you to study the card’s features in detail. Read on. Below you will find all the information you need to work easily and efficiently with the new payment instrument. So let’s get started.
Learn more about the payment instrument
First of all, you need to learn more about the card itself. It is quite possible that a specific description of the essence of the instrument will put everything in its place, and you will understand that the card is basically unnecessary. So let’s figure it out. The key feature of this payment solution is cashback. Roughly speaking, a certain percentage is returned to you from every purchase you make. Spent $ 10? Get 50 cents back to your account. Convenient enough, but, of course, the ratio is presented in approximate values.
Specific figures indicate that users of this card can get back up to 7% from each purchase. The refund amount is based on the number of tokens. Thus, the company motivates you to buy more products through the new card. Spend more, get more back, everything is fair and affordable. A certain rating system will also be introduced among the card users. It is not yet clear how the transition from one level to another will occur, but an approximate classification is already clear:
From a technical point of view, the card is in no way inferior to classical means of payment. Materials usual for a bank card. Regular, austere design and support at 60 million ATMs across Europe. Yes, so far, only residents of European countries can use a real physical card. However, the day is not far off when the instrument will enter new markets. The card supports cryptocurrencies such as BTC, BNB, SXP and BUSD. A fairly wide range of digital coins are available for use today. You just need to fund your Binance account in one of the indicated coins to get started. Account and card accounts are linked. Now, having understood the intricacies of the new payment card with cashback, we can discuss what is needed to get this solution. Read everything you need in the next section.
How to get a card and who is this tool useful to?
As expected, getting a new card takes just a few steps. To become the owner of this promising and convenient tool as soon as possible, you just need to follow the specified link. Next, follow the instructions from Binance. It is much more important to decide if you need a card. Note that this settlement tool will only be useful to those users who use digital coins in real life. If you can afford to spend your own savings from your Binance account in stores, be sure to use a card. Now you don’t have to spend money on commissions to feel the real power of cryptocurrencies in the modern world. Moreover, there are no commissions for using digital coins in everyday life. Binance promises conditions that will not force the user to invest in their own acquisition.
Learn about all the news of the crypto industry with us. We publish only high-quality and interesting material. Thanks for your attention. Good luck!