Published on August 10
2025 by | Walid Saleh
- Binance, the world's largest cryptocurrency exchange, has unveiled a new feature for its users in Europe that allows them to convert cryptocurrencies into cash and withdraw it instantly to eligible Mastercard cards, representing a significant step in facilitating the use of digital assets in daily life.
The new feature, which is available through the 'buy and sell' service on the Binance website and its official app, relies on the advanced Mastercard Move system, allowing users to sell cryptocurrencies and transfer the proceeds directly to the card, or withdraw existing cash balance from the card itself, with great speed and a high level of security.
This move aims to simplify the process of 'cashing out from cryptocurrencies' (off-ramping), which has posed a challenge for many users wishing to convert their digital assets into easily spendable cash.
Thomas Gregory, Vice President of Binance for cash currencies, said:
We are committed to providing advanced financial solutions that make it easier for our users to deal with their digital assets. The 'sell to card' feature represents a new leap towards instant cashing out, and comes as part of our ongoing partnership with innovation leaders in the payments sector.
Gregory confirmed that this step comes as part of Binance's commitment to expanding its services in collaboration with global partners like Mastercard, and providing a safe and fast user experience, within the highest standards of regulatory compliance and user protection.
