Best For: International Binance Users

Binance Card is a Visa debit card that enables cardholders to directly spend BTC and BNB on everyday purchases wherever Visa is accepted. The card initially supports payments through the Binance Card mobile app and will eventually include a physical card. The current card is a beta version available in select countries. In the future, Binance plans to expand access globally to all new and existing exchange users.

Note: Binance has not yet announced supported countries and currencies for Binance Card.

Pros and Cons


  • No Recurring Fees - Binance Card users do not have to pay monthly or annual card maintenance fees.
  • Wallet Linking Supported - Users can deposit crypto assets via their existing exchange accounts.


  • High Issuance Fee - The $15 cost for card issuance is more expensive than most other crypto debit card options.
  • Limited Crypto Assets - Binance Card will initially support only BNB and BTC. Most other crypto debit cards support at least five crypto assets.

Binance Card Overview

Card Network Visa
Supported Currency TBA
Issuing Exchange Binance
Virtual Card Support Yes
Available in US No
Available Regions TBA
Card Delivery TBA
Crypto-to-Fiat Fees TBA
Top Up Assets BTC, BNB
Top Up Stablecoins BUSD
Top Up Methods Crypto Deposit
NFC Support No
Mobile Wallets
KYC Check Yes
Credit Check No
Issuing Bank TBA
Benefits & Rewards TBA

Benefits & Rewards

Binance Card does not currently offer rewards or benefits for cardholders. For anyone interested in those features, the Visa debit card offers both.

Binance Card Notable Fees and Limits

Physical Card Issuance


Virtual Card Issuance


Domestic ATM


International ATM


Domestic Transactions


Intra-EEA Transactions


International Transactions


Card Replacement


Chargeback Processing


Monthly Maintenance




ACH Decline


ACH Payments


How To Get The Card has a ‘Binance Card’ landing page where interested users can sign up to be notified when the card becomes available in their country or region.

In countries where the card is available, applicants will need to verify their identity in order to be eligible to receive a Binance Card.

Binance charges an issuance fee of $15 per card. This fee is paid using the crypto asset balance in the user’s linked exchange account. Cardholder applicants can only pay with BTC or BNB, as fiat currency is not currently supported for card issuance fee payments.

Binance has yet to announce how long applicants should expect to wait for their physical cards to arrive via mail.

Mobile App Experience

From the limited information available, it appears that the mobile app will be required for card registration, card activation, and fund deposits.

Details users should know about the mobile app:

Physical Card Activation

Once a cardholder receives their card in the mail, they’ll find an easy activation process via the Binance Card mobile app. Cardholders should expect to receive the physical card along with a letter including the card’s activation code.

Adding Fiat and Crypto Assets

Binance Card links to a user’s balance in their existing exchange account. The card does not currently support fiat currency deposits or spending, meaning users will have to use the Binance Fiat Gateway to purchase crypto assets with fiat. Supported crypto assets for debit card spending will initially include BTC and BNB.

Withdrawing Crypto Assets

Mobile app users can withdraw crypto assets to external wallets by paying standard transaction fees. charges a set withdrawal fee rather than a percentage fee. Specific withdrawal fees for various crypto assets can be found on the exchange website.

How To Use The Card

Using Binance Card for purchases is comparable to traditional debit cards, with only a few slight differences.

A Binance Card transaction works like this:

  1. Cardholder deposits or purchases crypto assets on their exchange account.
  2. Cardholder then links their exchange account to their Binance Card account.
  3. Cardholder directly spends their crypto assets online or in-store at any merchant that accepts Visa.
  4. Visa verifies there are sufficient funds available to complete the transaction.
  5. Binance converts crypto assets to fiat currency on behalf of the cardholder.
  6. Regardless of which crypto asset is selected, the merchant receives payment in their local fiat currency (e.g. EUR, VND, or GBP).

Binance Card Alternatives

Supported CurrencyTBAEUR, GBPUSD
Physical Card Issuance Fee$15.00$4.95$10.00
Domestic ATM FeeTBA1%$2.50
Crypto-to-Fiat FeesTBA2.49%1%
International Transaction FeeTBA3%3%
Mobile WalletsGoogle Pay
Available RegionsTBAUK & EEAU.S
Learn MoreReviewReviewReview

Frequently Asked Questions

Is Binance Card available to US residents?

Does Binance require a KYC process for cardholder applications?

How do I add funds to my Binance Card?

Can I spend crypto assets using Binance Card?

What are the fees associated with using Binance Card?

Does Binance Card have a mobile app?

Conclusion: Is Binance Card Worth It?

The debut of Binance Card could be a game-changer for the crypto debit card space. Binance joins other exchanges, most notably Coinbase, in an effort to expand the usage of crypto assets for everyday purchases.

Can Binance propel the adoption of crypto debit cards forward and provide a better product than existing card providers? This is still to be determined, and the answer will largely depend on fee structures and country availability.

Once these details are announced, we’ll be able to more accurately assess how Binance Card compares to other existing options.

Company Facts

Legal Name Binance Holdings Limited
Incorporated Country Malta
Headquarters Singapore
Year Founded 2017
CEO Changpeng Zhao (aka. CZ)
Total Employees 251-500
Regulators Malta Financial Services Authority, Malta Digital Innovation Authority
Links Website, Twitter, Blog, LinkedIn, Crunchbase
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