Hello community of Los Fantásticos del Trading! 🔥💚🔥
Today I’m going to share this information about the imminent launch of the #binanceCard in #venezuela
After successfully reactivating its operations in Brazil and Mexico, Binance is preparing the arrival of its debit card in Venezuela. The main goal is to allow users to pay directly with their cryptocurrency funds, eliminating the need to rely on the timing and limitations of the P2P market.
Launch strategy: A rollout in two stages is projected. First, a virtual card for e-commerce and mobile payments; then, the physical plastic for ATMs and traditional point-of-sale locations.
Who can apply?: It will be enabled exclusively for individuals (adults and with complete KYC verification on the platform). Companies or legal entities are excluded and must continue using business tools like Binance Pay.
Main benefits:
• Instant conversion of cryptocurrencies (USDT, USDC, BTC, etc.) to the local currency at the exact moment of purchase.
• Automatic refunds (cashback) of up to 2% on monthly spending.
• Complete control of security and balance directly from the mobile app.
Regulatory challenge: Although personal use of cryptoassets is legal in the country under current regulations, the card’s operation faces institutional challenges. To work legally at local points of sale, Binance must integrate its system while complying with SUDEBAN’s regulations and agree on a currency-conversion mechanism that aligns with the policies of the Central Bank of Venezuela (BCV).
Claim yours in red 🧧 here ⬇️⬇️⬇️
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#BİNANCE #losfantasticosdeltrading #nuricrypto
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