Binance launched a prepaid crypto card in Brazil in collaboration with Mastercard

Share via:

Binance announced Monday that it has launched a prepaid crypto card in Brazil in collaboration with Mastercard.

According to a blog post, the card will be available to all Binance users in Brazil with a valid national ID and will allow them to make payments and pay bills in 13 cryptocurrencies, including bitcoin, ether, and Binance USD. Binance’s card will charge a 0.9% fee per cryptocurrency transaction, with up to 8% cashback and fee-free ATM withdrawals, according to the company. The product is currently in testing and “will be widely available in the coming weeks,” according to a Binance spokesperson.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Binance launched a prepaid crypto card in Brazil in collaboration with Mastercard

Binance announced Monday that it has launched a prepaid crypto card in Brazil in collaboration with Mastercard.

According to a blog post, the card will be available to all Binance users in Brazil with a valid national ID and will allow them to make payments and pay bills in 13 cryptocurrencies, including bitcoin, ether, and Binance USD. Binance’s card will charge a 0.9% fee per cryptocurrency transaction, with up to 8% cashback and fee-free ATM withdrawals, according to the company. The product is currently in testing and “will be widely available in the coming weeks,” according to a Binance spokesperson.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

OKX launches Ethereum layer-2 network for lower fees &...

Cryptocurrency exchange OKX has joined the likes of...

Elon Musk confirms that X will charge new users...

A report last year revealed that Elon Musk...

Decoding Chiratae Ventures’ Near-Two-Decade-Long Journey

The venture capital industry, both at home and...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!