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

2022-09-07 05:12
To allow greater access to your funds and a seamless experience when using the Binance Bahrain Card, you can also use your Spot Wallet as a backup source of funding for Binance Bahrain 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 from your Spot Wallet to pay for the full amount of the transaction. However, if your Spot Wallet balance is also insufficient, the transaction will be declined.
You can add, remove, or rearrange the order of the spending cryptocurrencies from [Card Dashboard] - [Payment Priority] - [Edit]. The system will follow the payment priority when you make a purchase with your Binance Bahrain Card. Please note that you must have at least 6 cryptocurrencies in your Payment Priority list. A maximum of 12 cryptocurrencies can be selected.
If the BUSD balance in your Funding Wallet is sufficient, the purchase will be made solely by converting BUSD. If the balance is insufficient, the system will automatically check whether your BUSD and USDT balances can cover the purchase following the payment priority you set. For refunds and transaction reversals, the funds will be returned to your Funding Wallet in BUSD.

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

You can enable or disable this feature from your Card Dashboard. Please note that this feature is automatically enabled for all Binance Bahrain Card users.
1. Log in to your Binance account and navigate to the [Card Dashboard].
2. Click [Manage] - [Source of Funding] to enable or disable this feature.