Is Binance Card Free? A Simple Guide to Fees & Features

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Start investing in cryptocurrency： Binance register

If you’re thinking about getting a Binance Card, you’re probably wondering: is it really free? The short answer is: it depends. Let’s break it down!

1. What’s the Binance Card?

The Binance Card is a prepaid debit card linked to your Binance account. You can use it for purchases and ATM withdrawals, just like any regular card, but it allows you to spend your crypto (like Bitcoin, Ethereum, etc.) directly.

2. Is the Binance Card Free?

Here’s the deal: getting the Binance Card itself is free. Binance doesn’t charge an activation fee. However, there are a few things to consider:

  • Shipping Fees: Binance usually covers the shipping cost for sending the card to your address, but there could be fees depending on your location.
  • Transaction Fees: While basic transactions (purchases) don’t have a fee, certain types of withdrawals (like ATM withdrawals) might come with small fees, especially if you’re withdrawing in a foreign currency.

3. Card Tiers and Perks

Binance Card comes in different tiers, depending on how much Binance Coin (BNB) you hold. The higher your BNB balance, the more perks you can unlock. This can include things like cashback, exclusive rewards, and lower fees.

  • Standard users: Minimal perks.
  • Higher-tier users: More cashback and lower fees.

4. Keep an Eye on Fees for ATM Withdrawals

If you’re withdrawing crypto at an ATM, Binance might charge you a small fee per transaction. For example, there might be a withdrawal fee if you’re using an ATM outside your home country or if you’re withdrawing a different currency.

5. How to Get Started

To apply for the Binance Card, you need to:

  1. Verify your account on Binance (make sure you’ve passed KYC).
  2. Go to the “Card” section in the Binance app or website.
  3. Order your card for free!

So, while the Binance Card itself is free, you’ll want to keep in mind that there may be some fees for specific transactions, especially for ATM withdrawals. It’s a great option for crypto enthusiasts who want to use their coins for everyday purchases!