Binance Releases Its Own Debit Card, Initial Testing Will Be in Malaysia
Like most other crypto cards, the Binance Card allows its users to spend their cryptocurrencies by converting them into fiat and piggy-backing off established debit card networks. As Josh Goodbody, head of growth at Binance Card, explained to Cointelegraph: “Initially, users can deposit BNB and BTC to their Binance Cards directly from their Binance.com wallet or any other crypto wallet.”.
As Goodbody elaborated, the company plans to make the card available globally: “We’ll first introduce the beta version of the Binance Card in Malaysia this April, and we’ll add more regions throughout the rest of this year. Binance is also constantly expanding its fiat bridge options, integrating multiple banking and debit card partners to let users purchase crypto as easily as possible anywhere around the globe.
