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Binance, the world's leading cryptocurrency infrastructure and blockchain ecosystem provider, has announced its collaboration with BitBase, the renowned cryptocurrency services and solutions provider. Thanks to this collaboration, the Binance gift card (Binance Gift Card) will be available in 30 stores in the main cities of Spain.

This collaboration will allow users to enjoy the convenience and security of physically acquiring cryptocurrencies. The availability of the Binance Gift Card in BitBase stores represents a milestone in the adoption and accessibility of cryptocurrencies in Spain.

This is one of the first times that the Binance Gift Card is launched through physical points of sale in Europe. Through BitBase stores, anyone will be able to purchase cryptocurrencies in the form of a Binance Gift Card, using various payment methods, including cash (within legal limits) and debit/credit card. Users will receive a 16-digit printed code corresponding to their Binance Gift Card, which can be easily redeemed through the Binance website or app without additional fees.

The purchase limit for the Binance Gift Card will be €2,500 per day and €10,000 per month at any BitBase store, and a valid ID will be required to verify the purchase. The location of the stores can be found in the following link.

Crypto Adoption in Spain

As a Spanish subsidiary of Binance, Binance Spain, S.L. is registered as a Virtual Asset Service Provider (VASP) with the Bank of Spain, which allows Binance to comply with anti-money laundering and terrorist financing (AML/FT) rules by offering exchange and custody services. crypto assets in the country. Likewise, BitBase is also registered as a VASP with the Bank of Spain, being authorized to offer crypto asset exchange services in Spain. Both companies are committed to bringing the universe of crypto assets closer to people's daily lives, and this collaboration marks an important step in that direction.

It is important to note that BitBase is an independent reseller of the Binance Gift Card. And that it will perform a KYC verification of the user when redeeming the Binance Gift Card on Binance. Additionally, gift card availability may vary by store.

How to redeem Binance Gift Cards:

  • Via the Web: Pasting the code and redeeming through the Gift Card website. Gift Card Website

  • Via Binance App: In Profile > Gift Card > Redeem > 'Redeem to Crypto' and enter the 16-digit redemption code to redeem.

For collaboration inquiries, you can contact giftcard@binance.com or visit Binance Gift Card Business Page.

Thanks for your support!

Binance Team

2023-04-25

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Risk warning: Investing in crypto assets is not regulated, may not be suitable for retail investors and the entire amount invested may be lost. It is important to read and understand the risks of this investment which are explained in detail at this location https://www.binance.com/es/risk-warning

Digital asset prices can be volatile. These fluctuations may affect the value of the digital assets loaded onto a gift card, which may be lower or higher at the time of redemption than it was at the time of loading. Binance is not responsible for any losses you may suffer. It is not financial advice. For more information, see our Terms of Use, Terms of Use for Binance Gift Cards and Risk Warning.