James Atkins
Editor
Editor
Binance, the world’s leading cryptocurrency exchange, recently announced it will be launching its Crypto Card in Brazil. With this card, holders can use their cryptocurrencies to make payments in stores and online. Here are a few key points:
• Binance’s Crypto Card is powered by the Mastercard network and it will be accepted at more than 61 million locations worldwide.
• The card will enable users to use their cryptocurrencies to make payments in stores, online, or withdraw cash from ATMs.
• Users will be able to send and receive money and make payments in currencies such as BTC, ETH, BNB, and BUSD, with near-instant liquidity.
The Binance Crypto Card is a prepaid debit card that allows users to convert their cryptocurrencies into Brazilian reals (BRL).
Binance is thrilled to introduce their new card, now made available to Binance users in Brazil with a valid national ID.
With this cutting-edge technology, you can make payments and pay bills using 13 different cryptocurrencies such as bitcoin, ether and Binance USD – without having to worry about hefty fees!
Every transaction involving crypto will be charged only 0.9% not including up to 8% cashback rewarded in cryptocurrency; what’s even better is ATM withdrawals are free of charge too!
In addition, Binance users in Brazil will be able to access their crypto wallets and portfolios directly from their cards. This will enable them to track their portfolio performance in real-time and make informed decisions about when to buy, sell, or hold.
Users can also set up recurring payments for bills such as electricity, water, internet and rent. The Binance Card can be used at any online or offline store that accepts Mastercard. Binance says noting that it is working with local payment providers to facilitate transactions in fiat currencies.
The card supports both debit and credit payments and provides users with access to the latest crypto prices wherever they are.
The launch of the Binance Card is expected to encourage broader adoption of cryptocurrencies. By providing users with an easy and convenient way to pay for goods and services with crypto. It should help reduce barriers to entry and make cryptocurrency payments more accessible.
Furthermore, Binance says that the card will allow users to take advantage of discounts and cashback opportunities; which could incentivize more people to use crypto.
The Binance Card also has additional features, including the ability to quickly switch between multiple digital currencies and fiat currencies. As well as a rewards system that allows users to earn up to 5% cash back on certain purchases.
Binance is a global cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of April 2021, it has been the foremost cryptocurrency exchange on a global scale in terms of the trading volume.
It was established in 2017 by Changpeng Zhao and Yi He. It has offices in Tokyo, Singapore, Malta, and Hong Kong.
In addition to its cryptocurrency exchange and trading platform, Binance also provides a wide range of services.
Such as a decentralized exchange, a payment gateway, an educational portal, staking services and more. The company also recently launched its blockchain platform called Binance Chain.
Finally, the card is integrated with many of the leading digital wallets and exchange platforms; allowing users to quickly and easily move funds.
Binance offers a great platform for those who want to get into trading cryptocurrencies. With a wide range of features, services and tools for successful trading.
With its innovative technology and user-friendly interface, Binance is an excellent choice for cryptocurrency traders looking to maximize their success.
I have been writing copy for blockchain-related projects since 2017. I understand the importance of being able to communicate clearly and effectively with both technical and non-technical audiences. By leveraging my understanding of the crypto industry trends, I can help increase adoption in this rapidly evolving landscape.
