Binance is the world’s largest cryptocurrency exchange by trading volume.

Binance previously announced the crypto-supporting Binance card, and after completing the preparations and development, it has finally started shipping and distributing its long-awaited Binance bank cards.

Shipping and distribution began in the European region.

Now, European users will have access to a myriad of functions brought into the crypto arena by Visa Binance cards.

Interestingly, crypto-based payments can now be easily performed using the Binance Card.

According to an announcement from Binance, EEA users who have pre-booked the cards should expect them to arrive soon.

Besides starting to ship Binance cards, the company also revealed that the card already supports Ethereum (ETH).

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This means that European users can make Ethereum transactions using the Binance Card.

They simply need to transfer their Ethereum to their Binance Card wallet and then make it their preferred payment asset from the card’s mobile app settings.

Binance Card:

The Binance Card was launched by Binance, with a daily spending limit set at $10,600, roughly 8,700 euros.

ATM withdrawals using the card have also been capped with a daily limit of $350, roughly 290 euros.

Interestingly, transactions made using the Binance Card do not incur any fees between now and 2021.

Additionally, the card features an 8% cashback.

Binance has officially announced plans to launch the Binance Card in the European region in July 2020.

At first, Binance offered only virtual digital cards.

But it decided to launch physical (plastic) cards with support for charging these cards.

Users can view their monthly stock of BNB in ​​the card wallet, and the same applies to daily withdrawals and spends using the card.

Binance also revealed plans to launch cards for other regions of the world.

One of these areas that Binance has singled out for is Russia.

Read:Cardano founder: Ethereum 2.0 will not be launched before 2023, and is likely to be launched in 2024

The bottom line is that people interested in a Binance card who are in the European Economic Area and who have not yet applied for their Visa cards can do so through Link.

Cryptocurrency credit cards have become a huge trend in the crypto and payment industry.

Coinbase, Crypto.com, and Chiliz have previously launched a form of crypto-based credit card.

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