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#binancecardvenezuela

binancecardvenezuela

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At the moment, the Binance Card is not available to users residing in Venezuela, although the topic has generated quite a bit of conversation and excitement recently. Current status of the Binance Card in Venezuela Eligibility via KYC: The Binance Card Global Program operates in partnership with international issuers (such as Immersve via the Mastercard network). When you try to apply, the platform checks the country of residence set in your identity verification (KYC). For users with documents/residency in Venezuela, the system indicates that the card is not enabled in the region. Community expectations: On Binance Square and across the platform’s social channels in LatAm, local market interest is frequently tested. In the app, there’s an option where you can mark “Show Interest” so they register your request for card availability in the country. Why isn’t it officially active in the country? Rolling out a crypto consumption plastic card or a direct virtual card to local merchants involves several technical and legal barriers: 1. Integration with the banking system and SUDEBAN: To work at national point-of-sale (POS) terminals, the transaction would need to be settled in bolívares in milliseconds via a local processor or banking partner. 2. FX framework: It would be necessary to agree on the conversion rate in real time (whether it would use the official BCV rate or a market/P2P rate) at the moment the debit is made. 3. Regulatory and international restrictions: The international Mastercard/Visa issuer must have cross-border permissions that do not conflict with the current regulations and sanctions affecting the regional financial system. Alternatives currently used To use Binance balance directly for daily purchases or online platforms in Venezuela, the community currently uses: Direct P2P commerce to Pago Móvil: Swap USDT/crypto to bolívares in the app and receive them directly in your bank account within minutes so you can pay using your local debit card or Pago Móvil. #binanceCardVenezuela #BinanceLatam
At the moment, the Binance Card is not available to users residing in Venezuela, although the topic has generated quite a bit of conversation and excitement recently.

Current status of the Binance Card in Venezuela
Eligibility via KYC: The Binance Card Global Program operates in partnership with international issuers (such as Immersve via the Mastercard network). When you try to apply, the platform checks the country of residence set in your identity verification (KYC). For users with documents/residency in Venezuela, the system indicates that the card is not enabled in the region.

Community expectations: On Binance Square and across the platform’s social channels in LatAm, local market interest is frequently tested. In the app, there’s an option where you can mark “Show Interest” so they register your request for card availability in the country.

Why isn’t it officially active in the country?
Rolling out a crypto consumption plastic card or a direct virtual card to local merchants involves several technical and legal barriers:

1. Integration with the banking system and SUDEBAN: To work at national point-of-sale (POS) terminals, the transaction would need to be settled in bolívares in milliseconds via a local processor or banking partner.

2. FX framework: It would be necessary to agree on the conversion rate in real time (whether it would use the official BCV rate or a market/P2P rate) at the moment the debit is made.

3. Regulatory and international restrictions: The international Mastercard/Visa issuer must have cross-border permissions that do not conflict with the current regulations and sanctions affecting the regional financial system.

Alternatives currently used
To use Binance balance directly for daily purchases or online platforms in Venezuela, the community currently uses:

Direct P2P commerce to Pago Móvil: Swap USDT/crypto to bolívares in the app and receive them directly in your bank account within minutes so you can pay using your local debit card or Pago Móvil.

#binanceCardVenezuela #BinanceLatam
Partly True
💳 Will P2P in Venezuela be the end with the arrival of the Binance Card? 🇻🇪Venezuela's crypto ecosystem is back at the center of the conversation, with expectations and pilot tests surrounding the Binance Card (Mastercard). The mere possibility of paying for the market, a coffee, or gas directly at the point of sale by deducting from your balance in USDT, BTC or BNB has sparked excitement... and also a big question in the community: Has the time come to say goodbye to the Peer-to-Peer (P2P) market? 🤔 📉 The theory: Why do some predict the decline of P2P?

💳 Will P2P in Venezuela be the end with the arrival of the Binance Card? 🇻🇪

Venezuela's crypto ecosystem is back at the center of the conversation, with expectations and pilot tests surrounding the Binance Card (Mastercard). The mere possibility of paying for the market, a coffee, or gas directly at the point of sale by deducting from your balance in USDT, BTC or BNB has sparked excitement... and also a big question in the community:
Has the time come to say goodbye to the Peer-to-Peer (P2P) market? 🤔
📉 The theory: Why do some predict the decline of P2P?
See translation
RINDON:
al buscar el usuario desapareció la notificación
See translation
BINANCE CARD FOR VENEZUELA It is interesting that they return up to 2% of what you purchase it is still not available for Venezuela, but together we can make Binance activate the sending of this card for Venezuela What should you do? on your homepage you can request your card then it will tell you "not available for your country, but it doesn't matter, just express your interest in having it click where it says "show Interest" and that's it the more people we show our interest the more likely this will happen follow me and like to see how this evolves! #binanceCardVenezuela
BINANCE CARD FOR VENEZUELA

It is interesting that they return up to 2% of what you purchase
it is still not available for Venezuela, but together we can make Binance activate the sending of this card for Venezuela
What should you do?
on your homepage you can request your card
then it will tell you "not available for your country, but it doesn't matter, just express your interest in having it
click where it says "show Interest"
and that's it the more people we show our interest the more likely this will happen
follow me and like to see how this evolves!
#binanceCardVenezuela
When will the Binance card be available in Venezuela, Automatic Conversion: You can pay with your cryptocurrencies (USDT, BTC, ETH, etc.) and the card converts them to the local fiat currency of the merchant at the time of payment. $BTC Tell me, would you like it to arrive soon in Venezuela and how would this card benefit you? #binanceCardVenezuela
When will the Binance card be available in Venezuela,
Automatic Conversion: You can pay with your cryptocurrencies (USDT, BTC, ETH, etc.) and the card converts them to the local fiat currency of the merchant at the time of payment.

$BTC
Tell me, would you like it to arrive soon in Venezuela and how would this card benefit you?
#binanceCardVenezuela
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