The world's largest cryptoexchange Binance, will launch a payment card with a balance in cryptocurrencies in Ukraine. Card automatic conversion upon payment.
The Binance card works like a traditional debit card, but instead of fiat currency, the balance holds digital assets such as BTC, BNB, SXP, and BUSD. The card is linked to the card wallet on the Binance account, which can be funded from the spot wallet.
With the card, you may easily pay for purchases at any of the 60 million points worldwide: when using the Binance Visa card, the cryptocurrencies on the card are automatically converted into local currency. Conversion is possible thanks to the Swipe technology, which provides the convenience of using the card online and offline.
The Binance Visa card is provided in both virtual and physical form. Making a physical card takes a couple of months.
Another important area is digital art, which can be sold and bought on the Binance NFT marketplace. Ukraine ranks third in the world in the size of the NFT trade marketplace.