#BinancePizza

The **"Binance Pizza Method"** is a term used in the cryptocurrency community to refer to a specific way of withdrawing funds from Binance (or other exchanges) by converting crypto into **Binance Gift Cards** (vouchers) and then using those to cash out indirectly.

### **How the Binance Pizza Method Works:**

1. **Buy a Binance Gift Card/Voucher** – Convert your crypto (e.g., USDT, BTC) into a Binance Gift Card (also called "Binance Voucher").

2. **Sell the Voucher for Cash** – Use peer-to-peer (P2P) platforms, social media, or voucher marketplaces to sell the Binance Gift Card for cash (bank transfer, PayPal, etc.).

3. **Avoid Direct P2P Risks** – Since Binance P2P can sometimes lead to frozen accounts (due to chargebacks or fraud), this method is seen as a workaround.

### **Why Is It Called "Pizza Method"?**

- The name is inspired by **Bitcoin Pizza Day** (May 22, 2010), when Laszlo Hanyecz famously bought two pizzas for 10,000 BTC, marking the first real-world Bitcoin transaction.

- The "Pizza Method" implies using crypto indirectly to get real-world value (like cash or goods).

### **Risks & Considerations:**

- **Scams** – Selling vouchers P2P can be risky (buyers may dispute or not pay).

- **Binance Restrictions** – Binance may limit or ban accounts suspected of abusing gift cards for money laundering.

- **Lower Rates** – Vouchers often sell at a discount (e.g., 90-95% of face value).

### **Alternatives:**

- **Direct P2P Trading** (but requires trusted buyers/sellers).

- **Crypto-to-Cash Exchanges** (e.g., Kraken, Bybit, local exchanges).

- **Crypto Debit Cards** (e.g., Binance Card, Coinbase Card).