Changpeng Zhao shared his first experience using the Binance card

By Kluma | InterestingCrypto | 11 Jul 2020

The head of the Binance exchange, Changpeng Zhao, said that he became a beta tester of the cryptocurrency debit card being prepared for launch, and spoke about the first experience of using the product.

“All transactions are real. Audible from Amazon, Grab (Uber replacement), Lazada (Amazon replacement). Sellers accept fiat money, and I pay to BNB directly from my Binance account. ”

The screenshot attached to the tweet shows the interface of the payment card service. You can see the transaction history, currently supported assets of BTC, BNB and USDT, as well as the total amount of funds nominated in Bitcoin and Euro.

“Binance Card - I think, finally, I can switch to cryptocurrencies from 99% to 100%,” Zhao emphasized.

Recall the other day, Binance acquired the cryptocurrency card issuer Swipe. The infrastructure of the latter is used for the Binance Card.

Swipe currently serves 31 countries in the European Economic Area. The cards are issued directly by Contis Financial Services Ltd, which is part of the Visa payment network and is regulated by the UK Financial Supervisory Authority (FCA).

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