Binance revolutionizes payments in Europe
The post Binance revolutionizes payments in Europe appeared on BitcoinEthereumNews.com. Binance, the largest cryptocurrency exchange platform in the world by transaction volume and number of users, has announced a new feature aimed at simplifying the lives of European users. Starting today, it will be possible to easily convert your cryptocurrencies into fiat currency and transfer or withdraw the funds directly to an eligible Mastercard, with almost immediate availability. This innovation marks another step forward in the integration between the world of crypto and traditional payments, facilitating daily operations for millions of people. A simple and quick solution to spend crypto in Europe thanks to Binance The new feature, called “Buy & Sell,” is already active on both the website and the Binance app. Thanks to the collaboration with Mastercard Move – Mastercard’s money transfer solutions portfolio – users can now choose between two main modes. Sell their cryptocurrencies and transfer the fiat balance directly to the card, or withdraw the fiat balance already present in the Binance account to their Mastercard. This double option allows for simplifying the off-ramping process, which is the conversion of cryptocurrencies into traditional money, offering a fast, secure, and intuitive alternative compared to traditional methods such as bank transfers. The new features introduced by Binance are divided into two distinct services, designed to meet different needs: Sell to Card Main function: allows direct conversion of cryptocurrencies into fiat currency (currently euro) and to send the fiat balance to the linked Mastercard, with availability of funds in real-time or almost. Utility: ideal for those who hold crypto and wish to liquidate them quickly, converting them into euros to spend immediately via card. Supported currency: for now only euro, but Binance has announced that other fiat currencies will soon be available. Withdraw to Card Main function: allows you to withdraw the balance in euros already present on…
The post Binance revolutionizes payments in Europe appeared on BitcoinEthereumNews.com.
Binance, the largest cryptocurrency exchange platform in the world by transaction volume and number of users, has announced a new feature aimed at simplifying the lives of European users. Starting today, it will be possible to easily convert your cryptocurrencies into fiat currency and transfer or withdraw the funds directly to an eligible Mastercard, with almost immediate availability. This innovation marks another step forward in the integration between the world of crypto and traditional payments, facilitating daily operations for millions of people. A simple and quick solution to spend crypto in Europe thanks to Binance The new feature, called “Buy & Sell,” is already active on both the website and the Binance app. Thanks to the collaboration with Mastercard Move – Mastercard’s money transfer solutions portfolio – users can now choose between two main modes. Sell their cryptocurrencies and transfer the fiat balance directly to the card, or withdraw the fiat balance already present in the Binance account to their Mastercard. This double option allows for simplifying the off-ramping process, which is the conversion of cryptocurrencies into traditional money, offering a fast, secure, and intuitive alternative compared to traditional methods such as bank transfers. The new features introduced by Binance are divided into two distinct services, designed to meet different needs: Sell to Card Main function: allows direct conversion of cryptocurrencies into fiat currency (currently euro) and to send the fiat balance to the linked Mastercard, with availability of funds in real-time or almost. Utility: ideal for those who hold crypto and wish to liquidate them quickly, converting them into euros to spend immediately via card. Supported currency: for now only euro, but Binance has announced that other fiat currencies will soon be available. Withdraw to Card Main function: allows you to withdraw the balance in euros already present on…
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