#Binance Partners With #Mastercard to Launch Instant Crypto-to-Euro Card Withdrawals in Europe
In a significant development aimed at enhancing fiat access for European #crypto users, Binance has rolled out a new feature enabling near-instant cryptocurrency-to-fiat withdrawals directly to Mastercard. This initiative, which is now live on both the Binance website and mobile app, marks a notable advancement in simplifying the off-ramp process from crypto to fiat.
The new feature—powered by Mastercard Move, the payment giant’s flexible platform for real-time fund transfers—represents another step in bridging the gap between decentralized finance and traditional financial infrastructure.
Streamlined Off-Ramping: Sell and #Withdraw Crypto to Mastercard
European users of Binance can now convert their crypto assets into euros and transfer the funds directly to their Mastercard in near real-time. This process is facilitated through two new tools:
Sell to Card
Withdraw to Card
Both options provide seamless access to fiat liquidity, enhancing the day-to-day usability of crypto earnings. Whether users want to sell crypto for euros or simply withdraw a pre-existing euro balance from their Binance account, the transaction is completed directly to their Mastercard—eliminating the need for intermediary bank transfers or external apps.
“The new Sell to Card and Withdraw to Card features streamline and enhance the user experience, making payouts of crypto proceeds simpler and faster than ever,” said Thomas Gregory, Vice President of #Fiat at Binance.