In a major step toward making crypto more accessible and convenient, Binance has launched a seamless crypto-to-fiat conversion and withdrawal service for European users, allowing funds to be sent directly to eligible Mastercard accounts in near real-time.
This new feature is part of Binance’s “Buy & Sell” service, now available on both the Binance website and app, and powered by Mastercard Move, the payments giant’s suite of money movement solutions. With this update, users can effortlessly sell their crypto holdings and have the fiat equivalent (such as EUR) deposited straight onto a Mastercard—bypassing the need for traditional bank transfers.
What You Can Do:
Sell crypto and withdraw fiat directly to Mastercard
Withdraw existing fiat balances to Mastercard instantly
Enjoy faster, simpler, and more secure off-ramping
This enhanced feature streamlines access to funds, offering an alternative withdrawal route alongside bank transfers and other supported options.
How to Use the New Sell/Withdraw to Mastercard Option:
1. Log in to your Binance account via the website or app.
2. Navigate to the “Buy & Sell Crypto” page and choose either [Sell] or [Withdraw].
3. For [Sell]: Select the crypto you want to convert and your preferred fiat currency.
4. For [Withdraw]: Choose EUR and input the amount.
5. Link a Mastercard if you haven’t already.
6. Complete verification and confirm the transaction.
> 📱 Important: Update your Binance App to iOS v2.102.3 or Android v2.102.4 or later to access this feature.
⚠️ Note:
Actual transaction posting time depends on the receiving bank.
This service may not be available in all regions.
Terms and conditions apply.
This update reinforces Binance's commitment to making crypto more usable in everyday life. With instant access to fiat via Mastercard, users can manage their assets more flexibly and conveniently than ever before.
Stay tuned for more updates as Binance continues to expand its ecosystem of user-friendly tools and services.
