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Using Spot Wallet as a Backup Source of Funding on Binance Colombia Card

Using Spot Wallet as a Backup Source of Funding on Binance Colombia Card

2023-02-07 08:21
Note: The Binance Card is no longer available. Binance accounts are unaffected and continue to operate as usual.
To allow greater access to your funds and a seamless user experience, we now support using your Spot Wallet as a backup source of funding for Binance Colombia Card transactions.

How does it work?

When your Funding Wallet balance is insufficient to pay for a transaction, the system will automatically use the funds in your Spot Wallet to pay for the remaining amount. However, if your Funding and Spot Wallet balances are both insufficient, the transaction will be declined.
The system will deduct assets from your Spot Wallet using the same sequence of spending currencies you set for your Funding Wallet. You can customize the payment priority from your Card Dashboard.
For refunds and transaction reversals, the funds will be returned to your Funding Wallet.

How do I enable/disable using Spot Wallet as a backup source of funding for the Binance Colombia Card?

You can enable or disable this feature from your Card Dashboard. This feature is automatically enabled for all Binance Colombia Card users.
Log in to your Binance account and go to the [Card Dashboard]. Then, click [Manage] - [Source of Funding] to enable or disable this feature.