The Binance Card Expands Cryptocurrency Options With New Altcoins Support

Estimated read time 3 min read

Exciting New Additions to the Binance Card

In a flurry of crypto news, Binance has announced that its Binance Card will now support three more altcoins. Get ready to welcome Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX) into the Binance Card family! This means cardholders can not only convert but also spend these popular cryptocurrencies at more than 60 million locations worldwide, both online and in brick-and-mortar stores.

Who Can Join the Binance Card Party?

Currently, the Binance Card is a party strictly for European citizens and, as a recent addition, Ukrainian refugees. Prior to the Ukrainian crisis, Binance was eager to expand its card services into Ukraine, but for now, it’s a European affair. So, if you’ve got a passport from the EU or are fleeing from the conflict, it looks like you’re in luck!

What Cryptocurrencies Are Supported?

The Binance Card isn’t just a one-trick pony. With the latest additions, it now supports a generous total of 14 cryptocurrencies. Here’s the full lineup:

  • Cardano (ADA)
  • Avalanche (AVAX)
  • BNB
  • Bitcoin (BTC)
  • Binance USD (BUSD)
  • Polkadot (DOT)
  • Ether (ETH)
  • S.S. Lazio Fan Token (LAZIO)
  • FC Porto Fan Token (PORTO)
  • Santos FC Fan Token (SANTOS)
  • Shiba Inu (SHIB)
  • Swipe (SXP)
  • Tether (USDT)
  • Ripple (XRP)

Don’t worry if you’re already using the card; these new additions haven’t changed the existing payment preferences. So, your favorite crypto is safe.

Mastercard Makes Moves in Argentina

In the wake of this announcement, Binance is also making headlines with its new partnership with Mastercard to introduce prepaid cards in Argentina. This collaboration promises to provide expanded payment options for Binance users down south. Imagine using your BTC and BNB not just for coffee, but also for shopping sprees!

Competition on the Crypto Card Scene

Amidst all this excitement, other players like Wirex and Nexo are also stepping up their game. Wirex recently added AVAX to their crypto card offerings, enabling transactions in 61 currencies. Meanwhile, Nexo, which finally launched its Mastercard partnership after a lengthy wait, is joining the ranks, but with a similar European-only limitation. It’s a competitive playground out there!

Final Thoughts

With the Binance Card expanding its support to new altcoins and entering partnerships abroad, it’s clear that the crypto payments scene is heating up. Whether you’re in Europe, Argentina, or anywhere else with a pulse on crypto, there’s likely a card tailored just for you. And who knows? Maybe one day it’ll be available for everyone – even that friend who still thinks a ‘wallet’ is where you keep your cash!

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