I believe everyone who has been in the crypto space for a long time will find that cashing out is becoming increasingly difficult. So, is there any way to make cashing out easier, especially for us who often cash out small amounts? If you have this demand, then I think Binance's Visa card is very attractive.
Frequently Asked Questions:
1. Can a mainland China identity apply?
No! Don't go! However! Binance requires that as long as you reside in the EEA (European Economic Area), you are eligible to apply for the card. This means that even if you are Chinese, as long as you prove you reside in the EEA, you can apply for this card. The logic is that I am Chinese, I currently live in Europe, and there is nothing wrong with applying for this card.
Or you can apply for a Palau ID, and you can search for related tutorials on YouTube.
2. Can I use an old account, or can I use an already verified face? Update your verification information through the link below. Before processing, your identity information must be in Pinyin, for example: ZHANG ZIMU.
https://www.binance.com/en/my/settings/profile/reset-kyc
As shown in the picture:
3. What to do if the verification keeps failing?
After passing the basic certification, you need to conduct address verification. However, the country in the top right corner of your address verification should be China, and it should be gray and unchangeable. At this point, you need to find customer service and inform them:
''Hello, I have moved, and I cannot change my current address''
Use similar phrases to communicate with customer service, then provide your European address to customer service, and they will help you change it to the country you need. After changing, you'll submit the address proof. I believe you should have a better method for this.
4. Debit card or credit card
Debit card
5. Scope of use:
Currently, I am using a virtual card, and I haven't used the physical card yet.
Can bind Alipay physical merchants (including ordering food, offline scanning) and there have been no issues choosing to use this card for consumption. Google Pay, Pinduoduo, and Amazon are available, but WeChat is said to be unavailable.
6. Limit
Currently, the inquiry limit cannot be increased
Virtual card daily spending limit: 870 euros, approximately 6400 yuan
Physical card daily spending limit: 8700 euros, approximately 64000 yuan
ATM withdrawal daily spending limit: 290 euros, approximately 2100 yuan
7. How does the mainland receive this card
Transshipment, I can only say this much, you will have your own methods. Currently, most transshipment addresses should have been exhausted.
8. How to pay for the card funds
Transfer from the spot account to the fund account
The following currencies can be used
Application process
Apply for the Binance card#
Once all verifications are passed, you can apply for Binance's Visa card through the link below!
https://www.binance.com/en/cards
After applying, Binance will issue you a virtual card. The physical card will start mailing to your European address in about a week. The time to receive the card at the European address is about 10-20 days, and then it will be shipped back to the mainland, which also takes about 10-20 days.
I haven't received my physical card yet. I'll try the payment process after I receive it.
Currently, the binding situation of virtual cards I have inquired about is as follows
Try the ATM withdrawal situation after the physical card arrives. Remember to pay attention!
