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Quick take:
- The CEO of Binance, CZ, has announced that the Binance Debit Card has started shipping out.
- However, the distribution is in limited quantities.
- The limited launch comes amidst VISA and Mastercard easing their stance on crypto.
- Binance Coin (BNB) has broken the $19 resistance level and looks set to go above $20.
Earlier today, the CEO of Binance, Changpeng Zhao, announced that the rollout of the Binance Debit Card began yesterday, July 24th. Additionally, he explained that the initial distribution was in limited quantities with many crypto enthusiasts eager to test out the Binance Card. CZ made the comments via the following tweet.
This started shipping in limited quantities as of yesterday, I heard. #Binance Card https://t.co/pM4KUNdmjp
— CZ Binance (@cz_binance) July 25, 2020
Crypto Twitter’s Response to the Rollout of Binance Card
Crypto enthusiasts from around the world were q uick to comment on the tweet by CZ. Below are some of the responses from Crypto Twitter. From the responses, it can be concluded that plenty of users are eager to own the Binance Card.
When Mine – @Eljaboom
People are fomoing no name defi projects without any research, Binance building huge defi ecosystem brick by brick, biggest saving, lending, dex, future, debit card etc. Millions of customers.Wake up people it’s all in one already $BNB Road to $1000 – @kundunstan
When will this be available in the UK? I’m eagerly waiting…. (secretly dying inside as I have no patience) – @crypt0ninja
Which country will u support for debit card? Can we have a list? – @HaonPham12
I live in France and I still have not received an email to order it, I hope it will not be too long – @MedericPay
How to Register for the Binance Card
Crypto users, traders and enthusiasts interested in registering and using the Binance Card, can register here. Once registered, the team at Binance will contact you via email when the card is available in your jurisdiction.
Limited Launch of Binance Card Comes at an Opportune Time
One notable coincidence of the limited rollout of the Binance card is that it comes at a time when the major financial services providers of VISA, Mastercard and Paypal, have announced their intention to support crypto transactions and payments. In the case of Paypal, the firm wants to jump into the deep end by also offering crypto trading services.
Binance Coin (BNB) Continues to Shine in the Crypto Markets
Furthermore, Binance Coin (BNB) seems to be on the cusp of testing $20 after a confident push above the $19 resistance level. The push by Binance Coin in the crypto market is linked to an upcoming IEO, the Binance 3 year anniversary, a $60 Million BNB coin burn, and now, the rollout of the Binance Card.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of EWN or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.
