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Seamlessly Send Cross-border Crypto Remittance With Binance Gift Card

2022-11-08

Main Takeaways

  • Binance Gift Card is a borderless and convenient way to securely send crypto to anyone without extra fees. 

  • Besides making versatile gifts for any occasion, our digital crypto gift cards also offer practical everyday use cases, such as making overseas remittance more accessible.

  • For users who prefer gifting physical gift cards, Binance Gift Cards are now available offline in select locations! 

From a modern gift to a convenient way to send crypto to family and friends abroad, Binance Gift Card is favored by many for its versatility. With Binance Gift Cards, you can buy, sell, receive, and even resell crypto!

Remittance entails sending money as a payment or gift to another person. With the rise in crypto adoption, remittances are not just limited to sending fiat currency, and more people are opting to transfer crypto instead of fiat to their loved ones. 

However, many fund transfer services require a minimum fee or high transfer fees. And in line with one of Binance’s missions — to achieve the freedom of money — the use of Binance Gift Cards goes beyond gifting.

Keep reading to learn how you can instantly send bitcoin and other cryptocurrencies to family members and friends overseas with the help of Binance Gift Card. 

Are There Limitations to Sending Crypto Abroad?  

Depending on the fund transfer platform you use, sending crypto overseas may incur extra fees. Similarly, if the recipient chooses to convert the crypto they’ve received into fiat, the process can also incur conversion fees on top of transfer fees.

However, Binance Gift Card makes it much easier to send crypto abroad. Supporting over 270 cryptocurrencies and selected fiat currencies, Binance Gift Card can also be used as a transfer service to send funds to anyone, regardless of where they are in the world — all with zero fees. 

To further sweeten the deal, the receiver does not need to be a Binance user to receive the crypto you send!

Instantly Transfer Bitcoin and Other Cryptocurrencies Across Borders

With functions like Transfer Crypto and our Trust Wallet integration, sending any amount of digital funds to your family and friends internationally has never been this secure or efficient. We even have a Bulk Create function that allows you to send multiple gift cards at once. And by waiving the minimum fee many other fund transfer services charge, we hope to make remittance more accessible.

Binance Gift Cards Are Now Available Offline

To make crypto even more accessible globally, users can now purchase physical Binance Gift Cards with cash in various locations in Ghana and Lebanon! 

Available in more than 200 stores in Lebanon and 50 stores in Ghana, users in these cities can easily buy a Binance Gift Card whenever and wherever is convenient for them. 

How Do I Create and Send a Gift Card?

1. Log into the Binance App.

2. Tap [Gift Card] under your profile, then tap [Buy Gift Card].

3. Select the crypto and the amount you want to send. If you want to customize your gift card, you can pick a design from the template gallery. 

4. Once you’ve picked your design and confirmed the gift card amount, tap [Buy now]

5. Complete the two-factor authentication (2FA) to confirm the transaction, and the amount will be deducted from your Spot or Funding wallet accordingly. 

For a more detailed guide, check out our tutorial on How to Create and Send Binance Gift Cards.

How Do I Redeem a Gift Card?

  1. Log into the Binance app and select [Gift Card] under your profile dashboard. 

  2. Tap [Redeem].

  3. Enter the 16-digit code on your gift card and select [Redeem].

For a step-by-step guide, check out our tutorial on How Do I Redeem a Gift Card on Binance.

As mentioned above, Binance Gift Card is a convenient way to send crypto to your loved ones, no matter the occasion or their location.

Send a Binance Gift Card today!

For more information, please refer to the links below:

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason, without prior notice.

Risk disclaimer: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance, and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our terms of use and risk warning.