Binance Begins Delivering Its Crypto-Powered Debit Cards
Binance Begins Delivering Its Crypto-Powered Debit Cards
July 27, 2020
Binance Begins Delivering Its Crypto-Powered Debit Cards
Binance Begins Delivering Its Crypto-Powered Debit Cards
July 27, 2020

Major cryptocurrency exchange Binance begins delivering its crypto-powered debit cards to customers after months of waiting, planning and testing.

On July 25, CEO of Binance Changpeng Zhao, also known as CZ confirmed in a tweet:

In previous reports, Binance Card showed an August launch in the European regions. This signifies that the CEO meant shipping to European customers at this time.

Binance unveiled its plans for a crypto-fueled debit card back in April 2020, called Binance Card.

Likewise, Binance went on to acquire crypto debit card business Swipe, simultaneously with its plan to acquire the Binance Card.

On July 10, CZ tested out the payment option as a part of the product’s initial experimentation.

By July, Binance announced its plans for an August card launch in certain European regions, including compatibility with four digital assets, including Bitcoin and Binance’s BNB asset.

ALSO READ :  Crypto.com Announces A Broad European Launch Of Its Visa Cards

Binance has posted a plethora of headlines in 2020 amid a wild year, the recent development of the Binance’s card proves that the cryptocurrency exchange continues to rise.


Source: Cointelegraph | Image: Unsplash

Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.
Share This

Share This

Share this post with your friends!