Binance Card Launches in Europe | Bitcointalksearch.org

asyakashi

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Quote from: Hippocrypto on July 19, 2020, 06:47:54 PM

Quote from: asyakashi on July 19, 2020, 05:47:16 PM

Quote from: AmoreJaz on July 17, 2020, 06:58:58 PM

Quote from: asyakashi on July 17, 2020, 06:56:12 PM

Quote from: samcrypto on July 16, 2020, 06:50:14 PM

Quote from: asyakashi on July 16, 2020, 06:33:55 PM

The more comfortable and trusting using binance exchange. recently binance also opened IDR withdrawl services directly to local banks for a low fee.
this is a great innovation. congratulations binance

They keep on innovating and this is a good strategy to remain on top position. Binance never fails to surprise us and I’m also hoping that the Binance card will also available in my place.

There’s also a recent Binance update on my place where we can buy bitcoin using our fiat money on Binance exchange and connect it with our banks, this is indeed a big help to us! Keep on innovating Binance, we’re here to support and adopt the good things.

Where do you come from?
Nowadays everyone can take advantage of all the features on binance exchange.
all easy and the best service, I think all exchanges must emulate how binance dominates the market.

i think what he's saying about buying bitcoin using their fiat money is that binance is adding more fiat currencies on their platform like the one that i recently stumbled upon --where Binance P2P adds Philippine Peso

https://www.binance.com/en/support/articles/505b3e95c3e844c1a6bf1bef6376a76e

binance is really accommodating a lot of users and now this Binance card, for sure they will launch it in Asia.. just wait for them to hit in your area

Hopefully this good service is accompanied by increased security for all users. The worst threat is hackers, I don't doubt binance but users must be vigilant whenever a centralized exchange is very vulnerable to being attacked by hackers.

Before this thing has been launched on cards, I am confident that binance team is completely prepared on this concerns about hackers. They should have a realtime monitoring on every transactions made by each users. Vulnerability of being attacked is always a part of a developing system of cryptocurrency, so if we're aware on this we should be more cautious in most cases.

most importantly we always update the latest developments from binance related to security development.
like yesterday's social media case, this is a threat and there should be no such event.

ttcsalam

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That could be good news.I think the more transactions on the exchange, the greater the convenience.This will bring good news for investors.And investors will regain confidence in the investment.

slaman29

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Quote from: ?? on ??

they are shifting their focus to Europe at a time as of losing market in South Asia. where one further country is in the process of blocking Binance, Malaysia ths time... Malaysian regulatory authority overseeing security operations has added exchange to the ""its list of unauthorized companies, saying the platform is operating a recognized market without authorization.” Wouldn't be surprise for me if they move their headquarter to Europe.

Yes, this is a really sad item of news for me because I was REALLY hoping Binance would come to my country after Malaysia, but it seems that they quietly withdrew their card services after Malaysian authorities blocked them (by the way saying that line doesn't make Binance illegal there, it just makes them not without authorization to my understanding).

tvplus006

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Quote from: Natalim on July 17, 2020, 10:41:35 AM

...I haven't read the details yet but I think if you have a balance in your binance account, you'll be able to fund the card, right?

The April announcement from CZ initially included transferring the balance to the card. Now it has been specified that the asset on the card will be equal to your balance on the Binance spot wallet. This way you will not need to transfer your cryptocurrency to the Binance card.

usekevin

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It will be good news for the Europeans. Because this made them to use of Cryptocurrency in real life for their expenditure. Mainly it had reduced the money which they spend as fee to exchanges. It seems to be a good move by the binance. It may increase the users of Binance in Europe.You made a wonderful job by sharing in this forum.

key4co.in

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I really appreciate CZ and the entire Binance team for fostering crypto adoption by rolling out awesome products. Binance card 💳 is a huge step moving forward, I hope it launches in other parts of the globe too. Also most parts of the world can trade FIAT to crypto, even via the P2P platform, all these milestones are mind blowing.

DoubleEdgeEX

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As a European, I think I´ll give it a try. CZ truly does a lot of things right. The only thing that could be a pain in the butt for him is the constant question of the Binance HQ, thus avoiding (or not) regulations. I hope he keeps on working like that though, it has proven to be the right move

joshua123

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Quote from: shata on July 14, 2020, 10:18:53 AM

Binance card launched in Europe, enabling binance users to convert and spend BTC, BNB, SXP, BUSD to fiat. Binance card worked like traditional debit card powered by Swipe Plarform. Balance on the card will remain to be in the form of BNB coin until the point of sale which users can convert it into either cryptocurrency or fiat.

Source: https://www.binance.com/en/blog/421499824684900740/Binance-Card-Launches-in-Europe

This is a great news. I do hope they will release this binance card on Asian countries too. I am curious why CZ started it on Europe countries. Looks like Binance card will totally change the perception of most crypto users in the world and trusting more on blockchain aspects. If this continue then cryptocurrency will be popular and if lucky will be adopted by most business.

Vitalicus

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Quote from: ZincUnrated on July 19, 2020, 06:32:29 PM

Binance continues to impress with eye-catching and revolutionary initiatives aimed at driving crypto adoption towards mainstream and finally providing the world with an option. Binance has continued to detect the pace and it is impressive what they have accomplished in such a little time. Binance will definitely keep growing and return massive gains to early adopters.

In fact, Binance has enough resources and capital to do anything and this is why Binance is becoming more and more popular. I think in the next few years there will be many new initiatives and will probably soon be applied to our daily life. Currently, payment cards in Europe are just the beginning and there will be a lot of ideas will soon implement in the next few years.

Python Master

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I try to find information about Binance Card and read the Binance Card FAQ however i can't find about Binance Card fees and exchange rates. Anyone have information about these?

riso2015

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Quote from: Natalim on July 17, 2020, 10:41:35 AM

Getting bigger and bigger, more great news for Binance and I would expect that they will be in the top soon, next to bitcoin.
I like it, hopefully one day they'll roll this out that will be available to everyone so transaction would be easy.

I haven't read the details yet but I think if you have a balance in your binance account, you'll be able to fund the card, right?

Indeed it is our hope, BNB will become the second coin after Bitcoin replaces ETH, It is not impossible this will happen if the Binance Team continues to make their latest innovations. So I think now is a good time to buy BNB coins as much as possible, for a long-term investment.

elewton

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Quote from: btcholder on July 19, 2020, 06:58:31 PM

Binance just impassive. The way they improve their exchange, their native token is really remarkable. Every time they bring some new features and grow their popularity. There is no doubt that European Binance users will take this seriously and use it as a usual card. Hope they launch other Latin and Asian country soon.

Binance is considered a big business in this market and they are moving into many new areas this year. I think this is an advantage because very few companies can do this. I believe that Binance will be mentioned more and more in the near future and will definitely have a great impact on our daily life so at this point you should consider buying BNB while you can.

btcholder

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Binance just impassive. The way they improve their exchange, their native token is really remarkable. Every time they bring some new features and grow their popularity. There is no doubt that European Binance users will take this seriously and use it as a usual card. Hope they launch other Latin and Asian country soon.

Hippocrypto

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Quote from: asyakashi on July 19, 2020, 05:47:16 PM

Quote from: AmoreJaz on July 17, 2020, 06:58:58 PM

Quote from: asyakashi on July 17, 2020, 06:56:12 PM

Quote from: samcrypto on July 16, 2020, 06:50:14 PM

Quote from: asyakashi on July 16, 2020, 06:33:55 PM

The more comfortable and trusting using binance exchange. recently binance also opened IDR withdrawl services directly to local banks for a low fee.
this is a great innovation. congratulations binance

They keep on innovating and this is a good strategy to remain on top position. Binance never fails to surprise us and I’m also hoping that the Binance card will also available in my place.

There’s also a recent Binance update on my place where we can buy bitcoin using our fiat money on Binance exchange and connect it with our banks, this is indeed a big help to us! Keep on innovating Binance, we’re here to support and adopt the good things.

Where do you come from?
Nowadays everyone can take advantage of all the features on binance exchange.
all easy and the best service, I think all exchanges must emulate how binance dominates the market.

i think what he's saying about buying bitcoin using their fiat money is that binance is adding more fiat currencies on their platform like the one that i recently stumbled upon --where Binance P2P adds Philippine Peso

https://www.binance.com/en/support/articles/505b3e95c3e844c1a6bf1bef6376a76e

binance is really accommodating a lot of users and now this Binance card, for sure they will launch it in Asia.. just wait for them to hit in your area

Hopefully this good service is accompanied by increased security for all users. The worst threat is hackers, I don't doubt binance but users must be vigilant whenever a centralized exchange is very vulnerable to being attacked by hackers.

Before this thing has been launched on cards, I am confident that binance team is completely prepared on this concerns about hackers. They should have a realtime monitoring on every transactions made by each users. Vulnerability of being attacked is always a part of a developing system of cryptocurrency, so if we're aware on this we should be more cautious in most cases.

StephenJH

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This is not new thing for the crypto community but the launch of Binance card can be a game-changer. The Crpyoterium and Wirex cards are available for EU customers, the competition will kill the mentioned companies's profit sooner or later.

ZincUnrated

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Activity: 165

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Binance continues to impress with eye-catching and revolutionary initiatives aimed at driving crypto adoption towards mainstream and finally providing the world with an option. Binance has continued to detect the pace and it is impressive what they have accomplished in such a little time. Binance will definitely keep growing and return massive gains to early adopters.

asyakashi

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Activity: 1918

Merit: 256

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Quote from: AmoreJaz on July 17, 2020, 06:58:58 PM

Quote from: asyakashi on July 17, 2020, 06:56:12 PM

Quote from: samcrypto on July 16, 2020, 06:50:14 PM

Quote from: asyakashi on July 16, 2020, 06:33:55 PM

The more comfortable and trusting using binance exchange. recently binance also opened IDR withdrawl services directly to local banks for a low fee.
this is a great innovation. congratulations binance

They keep on innovating and this is a good strategy to remain on top position. Binance never fails to surprise us and I’m also hoping that the Binance card will also available in my place.

There’s also a recent Binance update on my place where we can buy bitcoin using our fiat money on Binance exchange and connect it with our banks, this is indeed a big help to us! Keep on innovating Binance, we’re here to support and adopt the good things.

Where do you come from?
Nowadays everyone can take advantage of all the features on binance exchange.
all easy and the best service, I think all exchanges must emulate how binance dominates the market.

i think what he's saying about buying bitcoin using their fiat money is that binance is adding more fiat currencies on their platform like the one that i recently stumbled upon --where Binance P2P adds Philippine Peso

https://www.binance.com/en/support/articles/505b3e95c3e844c1a6bf1bef6376a76e

binance is really accommodating a lot of users and now this Binance card, for sure they will launch it in Asia.. just wait for them to hit in your area

Hopefully this good service is accompanied by increased security for all users. The worst threat is hackers, I don't doubt binance but users must be vigilant whenever a centralized exchange is very vulnerable to being attacked by hackers.

shata

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Activity: 547

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Quote from: ?? on ??

they are shifting their focus to Europe at a time as of losing market in South Asia. where one further country is in the process of blocking Binance, Malaysia ths time... Malaysian regulatory authority overseeing security operations has added exchange to the ""its list of unauthorized companies, saying the platform is operating a recognized market without authorization.” Wouldn't be surprise for me if they move their headquarter to Europe.

Not really, they just want to change a market to suit the goal of this card. Asia markets prefer hard cash or e-wallet than credit cards. But yeah, govt could also a reason too.

Binance is obviously trying to make good impression in public by pulling exchange's first ever crypto card. According to Cointelegraph news, the card is supposed to roll out first in South East Asia, particularly Malaysia, however, the former hadn't been approved by Malaysia's regulatory body.

Let us say, the exchange divert binance card launch to Europe in order to established greater market; factor is still be considered much to say South East Asia has greater regulatory barriers than that of Europe. And so a lot of resistance.

Quote from: Natalim on July 17, 2020, 10:41:35 AM

Getting bigger and bigger, more great news for Binance and I would expect that they will be in the top soon, next to bitcoin.
I like it, hopefully one day they'll roll this out that will be available to everyone so transaction would be easy.

I haven't read the details yet but I think if you have a balance in your binance account, you'll be able to fund the card, right?

Indeed true, moreover, compared to other exchanges, Binance worked hard to develop innovative approach to its stakeholders. I wonder if they will to pursue public offering like what coinbase and ripple, though its still speculation.

AmoreJaz

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Quote from: asyakashi on July 17, 2020, 06:56:12 PM

Quote from: samcrypto on July 16, 2020, 06:50:14 PM

Quote from: asyakashi on July 16, 2020, 06:33:55 PM

The more comfortable and trusting using binance exchange. recently binance also opened IDR withdrawl services directly to local banks for a low fee.
this is a great innovation. congratulations binance

They keep on innovating and this is a good strategy to remain on top position. Binance never fails to surprise us and I’m also hoping that the Binance card will also available in my place.

There’s also a recent Binance update on my place where we can buy bitcoin using our fiat money on Binance exchange and connect it with our banks, this is indeed a big help to us! Keep on innovating Binance, we’re here to support and adopt the good things.

Where do you come from?
Nowadays everyone can take advantage of all the features on binance exchange.
all easy and the best service, I think all exchanges must emulate how binance dominates the market.

i think what he's saying about buying bitcoin using their fiat money is that binance is adding more fiat currencies on their platform like the one that i recently stumbled upon --where Binance P2P adds Philippine Peso

https://www.binance.com/en/support/articles/505b3e95c3e844c1a6bf1bef6376a76e

binance is really accommodating a lot of users and now this Binance card, for sure they will launch it in Asia.. just wait for them to hit in your area

asyakashi

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Activity: 1918

Merit: 256

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Quote from: samcrypto on July 16, 2020, 06:50:14 PM

Quote from: asyakashi on July 16, 2020, 06:33:55 PM

The more comfortable and trusting using binance exchange. recently binance also opened IDR withdrawl services directly to local banks for a low fee.
this is a great innovation. congratulations binance

They keep on innovating and this is a good strategy to remain on top position. Binance never fails to surprise us and I’m also hoping that the Binance card will also available in my place.

There’s also a recent Binance update on my place where we can buy bitcoin using our fiat money on Binance exchange and connect it with our banks, this is indeed a big help to us! Keep on innovating Binance, we’re here to support and adopt the good things.

Where do you come from?
Nowadays everyone can take advantage of all the features on binance exchange.
all easy and the best service, I think all exchanges must emulate how binance dominates the market.

Topic: Binance Card Launches in Europe (Read 643 times)