Binance card cashback

binance card cashback

How does Binance card cashback work?

1. How does Binance Card Cashback work? Binance Card offers cashback for every purchase that you make with the card*. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Cashback is calculated on a daily basis for each settled** purchase from the previous date.

What is the highest cashback I can get on Binance?

8% is a very high cashback level, one of highest there is. Another card company with a cashback function (Wirex), only offers 1.50% in cashback. The aggregate amount of cashbacks that you have generated are also displayed on your Binance Card Interface (see the picture above).

What is the best way to use my Binance card?

Binance has the right to the final interpretation of whether the transaction is a subject of the reward (aka the Binance Cashback). We recommend you use your Binance Card directly for payments instead of using external e-wallets.

What currencies does the Binance card support?

The card has support for BNB (Binance Coin), BUSD (Binance USD), BTC (Bitcoin), ETH (Ethereum) and SXP (Swipe). Also, it supports the EUR fiat currency (the card in other continents support other fiat currencies as well of course). Binance Card Interface

What is the Binance card cashback policy?

Binance Card offers cashback for every purchase that you make with the card*. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Cashback is calculated on a daily basis for each settled** purchase from the previous date.

Is the Binance card worth it?

Binance Card cashback bonus One of the best parts about the Binance Card is that it offers a cashback bonus on your purchases. The cashback is paid in the form of BNB, the token used by the Binance exchange. The level of cashback you will receive is going to depend on how many BNB tokens you hold on your Binance account.

What is the cashback percentage for Binance staking?

The cashback percentage will depend on your card level, which is based on the amount of BNB staked at your Binance wallets. Binance will continue to add new benefits and perks to this program.

Where can I see the earned Binance cashback?

Where can I see the earned Binance Cashback? You can see the cashback rewards under [Transaction History] along with the original purchases. Cashback is calculated and transferred to your Funding Wallet after the purchase is settled (typically happens a few days after the purchase).

For example, if your BNB monthly average balance is 5 BNB, which is between 1 BNB (card level 2) and 10 BNB (card level 3), you are qualified for card level 2 and can receive 2% cashback on your purchases. 3. Where can I see the earned Binance Cashback?

Is the Binance card worth it?

How to buy Bitcoin on Binance?

After you have checked your id, go to “Buy / Sell” to buy your Bitcoin. The Bitcoin will be delivered to your wallet directly. Ironically, as you can’t get a Bitcoin use credit card on binance or debit card on sale, as the use credit card on Binance does not endorse a fictitious currency.

How does the Binance card work?

The Binance Card uses an aggregate value of all your fiat currencies and cryptocurrencies (assets) in your Funding Wallet to make purchases based on the cryptocurrency order you set in the Card Dashboard. The default order of assets in your Card Dashboard is as follows: BNB, BUSD, BTC, USDT, SXP, ETH, EUR, ADA, DOT.

How do I withdraw cash from my Binance card?

The Binance Card generally allows you to withdraw cash from an ATM within the ATM limit, as long as you are in a region that supports cash withdrawals. Please visit your nearest ATM and follow the instructions on the screen to withdraw cash. You will need your PIN to use the Binance Card in an ATM.

How do I order a new Binance card?

After terminating your physical Binance Card or reporting it lost or stolen in the Card Dashboard, you have the option to order a new Binance Card. To order the replacement card, refer to the following instructions. In the Card dashboard, click [Order New Card]. Verify and check your address we will use to deliver your card.

What Is BNB? Binance Coin or BNB, the primary token of the Binance blockchain, was launched in 2017 on the Ethereum blockchain as an Initial Coin Offering (ICO). During the BNB ICO, 100 million coins were offered to the public, and 100 million coins were retained by Binance’s founding team. 6

Is Binance card a good card for crypto?

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