Binance and Mastercard: Instant Crypto Withdrawals in Euros

Binance and Mastercard have made a revolutionary move: now residents of the European Economic Area can instantly convert cryptocurrencies into euros and withdraw the funds directly to a Mastercard.

The innovation is simple: the Binance platform offers two withdrawal options - sell cryptocurrency and send euros to the card, or withdraw the already converted euro balance to the account - all with minimal delays. Thanks to the Mastercard Move technology, transactions are almost instantaneous. Typically, funds arrive on the card within minutes, although final times depend on the issuing bank.

According to Binance, this innovation has speeded up transfers by around 70 per cent compared to traditional bank transfers. An impressive result, which comes close to the speed of mobile payments, far from the wait of working days.

The new function is available in both the Binance app and the web version. To use it all you need to do is:

1. Log in to your Binance account.
2. Go to the "Buy & Sell Crypto" section and choose the "Sell" tab to convert and send funds to the card, or "Withdraw" to transfer already converted euros.
3. Select a Mastercard (or add a new one), enter the amount and confirm the transaction.

Security is guaranteed by Binance's standard procedures.

This innovation challenges the old withdrawal methods: no more bank chains, little red tape, just straightforward technology. Users receive money immediately available, ready for use in the global financial world.

Who benefits?

• Those who hold cryptocurrencies and wish to obtain euros quickly and uncomplicatedly, even for everyday expenses or ATM withdrawals.
• Those who already have euros on Binance and want to transfer them instantly to paper: the "Withdraw to Card"function is designed for just that.

This innovation could become a real growth engine for cryptocurrency transactions: more liquidity, less dependence on banks, more integration into everyday life. According to industry experts, this paves the way for an even wider dissemination of digital assets among the general public.

Security remains central: Binance requires identification (KYC), while Mastercard applies the PCI DSS standards; both parties monitor compliance with European regulations and transparency of transactions.

The function is currently available for users in EEA countries with deposit-enabled Mastercard cards. Binance is already evaluating expansion to other fiat currencies and other EU markets, with the aim of making this withdrawal method an industry standard.

No more waiting and banking steps: now just a few clicks and the money is on the card immediately, ready to use. An approach that truly paves the way for the mass adoption of cryptocurrencies, making them more understandable and accessible to ordinary people.