Brazil just got a major crypto upgrade. Binance has teamed up with Mastercard to launch the Binance Crypto Card, allowing you to spend digital assets like Bitcoin, Ether, BNB, and stablecoins directly at over 150 million Mastercard merchants worldwide.
This is big news for a number of reasons. First, Binance Cards were completely unavailable for a couple of years now. This Brazilian launch may mean that more regions are upcoming! And second reason, aside from a few exceptions, most crypto debit cards are only available in EU.
Because Brazil is such a huge crypto market with millions of users onboarded, it makes perfect sense for Binance to let local customers easily cash out with exchange debit cards. This launch signals how quickly crypto is moving from trading platforms into everyday financial life, especially in a country where adoption surged 63% in 2025.
Turning Your Crypto Into Real-World Payments
With the new Binance Card, you can:
- Pay at physical or online stores with crypto.
- Withdraw local currency at ATMs worldwide.
- Choose from a wide range of coins, including BTC, ETH, BNB, SOL, ADA, XRP, USDT, and USDC.
Whenever you make a payment, your chosen cryptocurrency is converted into local fiat in real time. Even better, you can earn up to 2% cashback on purchases (subject to terms and conditions). This means you can go from hodling to grocery shopping without extra steps or PIX withdrawals.
Notably, Binance also has card withdrawals. In Europe and United Kingdom, users can withdraw cash directly to their Mastercard cards. In more than 100 other countries, Binance partnered with Paymonade for withdrawing crypto to credit and debit cards.
But by using Binance Card directly, Brazilian users don’t even need to withdraw or pay any withdrawal fees, plus they can get cashback on top!
Binance’s Push for Mainstream Adoption
Guilherme Nazar, Head of Latin America at Binance, emphasized that the card is part of Binance’s goal to onboard 1 billion people to crypto.
“Brazil is a very important market, and the release of the Binance Card adds to a full suite of crypto payment tools we already offer,” said Nazar.
Mastercard echoed this vision. Christian Rau, SVP of Global Fintech Enablers at Mastercard, noted the partnership is about giving people more choice in how they shop and pay, while keeping transactions simple, safe, and seamless.
Together, the two giants are bridging digital assets with traditional finance, and bringing crypto from screens to wallets.
Let’s not forget that Binance also received a crypto broker license in Brazil back in January this year. This means the platform is fully regulated and accessible to Brazilians.
Binance appears to be on a regulatory approval spree, and its latest trophy is a full crypto broker license in Brazil. This makes Binance the first major regulated exchange in the country.Read Now
Crypto Cards on the Rise: How Binance Stacks Up
The Binance Card arrives in a competitive but fragmented market. Exchanges are racing to bring crypto-backed cards to regions with high adoption, and Brazil is now one of the most active battlegrounds.
Crypto.com Card in Brazil
Crypto.com recently launched its USD-denominated Visa Card in Brazil as part of its Level Up program.
Key benefits include:
- No IOF tax or fees on international purchases.
- Spend in USD globally with easy top-ups.
- Up to 8% cashback depending on tier.
- Premium perks like airport lounge access and subscription rebates.
For Brazilians who travel often, this card competes directly with Binance’s by offering USD stability and travel rewards.
BitMart Card vs CoinW vs Bybit: A Global Comparison
While Binance and Crypto.com expand in Brazil, other exchanges are making waves with cards available worldwide.
BitMart Card: A Global Heavyweight
BitMart offers both Visa debit cards and a prepaid Mastercard.
- Visa Card: Works like a regular exchange-branded debit card. Spend anywhere Visa is accepted, with up to 3.5% cashback for top-tier users.
- Prepaid Mastercard: Can be topped up with crypto and used worldwide, no ID required.
Best of all, BitMart cards are available worldwide, including the US, Canada, UK, and Australia. The only exclusions are Cuba, Iran, Kosovo, Netherlands, North Korea, and Syria.
BitMart now offers a full suite of crypto cards, including Visa and prepaid Mastercard options for global users. From instant virtual cards without KYC to VIP Metal perks, you can spend crypto worldwide with flexibility and rewards.Read Now
This makes BitMart arguably the most accessible card provider in crypto.
CoinW Card: Another Global Contender
CoinW recently launched its physical USD Visa card, available globally with low fees and no renewal costs. It supports multiple cryptocurrencies, offers instant conversion at Visa rates, and works seamlessly with Google Pay.
CoinW just upgraded their virtual card Visa to a physical one. Issued by a Singaporean bank, CoinW card is available globally with low fees and no renewal costs.Read Now
This positions CoinW as a strong alternative for global users who want flexibility without borders.
Bybit Card: Regionally Limited
Bybit’s Mastercard is available in the EEA and UK only, limiting its appeal compared to BitMart and CoinW. It offers free activation and supports crypto-to-fiat spending with Google Pay and even Samsung Pay compatibility, but country availability is its biggest drawback.
Top Crypto Debit Cards: Features Comparison
Here’s how the top cards compare side by side:
| Feature | Binance Card (Brazil) | Crypto.com Card (Brazil) | BitMart Card | CoinW Card | Bybit Card |
|---|---|---|---|---|---|
| Card Type | Physical (Mastercard) | Physical (Visa) | Visa + Prepaid Mastercard | Physical & Virtual (Visa) | Virtual & Physical (Mastercard) |
| Availability | Brazil only | Worldwide, some restrictions | Worldwide (except 6 restricted countries) | Worldwide (except 20+ restricted countries) | EEA & UK only |
| Activation Fee | Free | Free | $0–$120 depending on tier | 98 USDT (physical) / $15 (virtual) | Free |
| Annual Fee | Free | Free | Free | Free | Free |
| ATM Withdrawals | Yes | Yes | Free up to $500/mo (Visa) | $5 per withdrawal | 2% per withdrawal |
| Cashback | Up to 2% | Up to 8% | Up to 3.5% (Visa Metal) | Cashback promos | Cashback |
| Supported Currencies | BTC, ETH, BNB, USDT, USDC, SOL, ADA, XRP, LINK, FDUSD | BTC, ETH, USDT, USDC, CRO, and more | 10+ major cryptos | USDT + multiple | BTC, ETH, USDT, USDC, XRP |
| Special Perks | Real-time fiat conversion | Lounge access, rebates, no IOF tax | No ID needed (Prepaid) | Global availability, low fees | Apple, Google, Garmin & Samsung Pay support |
Final Thoughts: Which Card Is Best for You?
If you’re in Brazil, both Binance and Crypto.com now give you direct access to crypto spending in daily life. Binance focuses on simplicity and cashback, while Crypto.com adds travel perks and USD payments.
If you’re outside Brazil, BitMart and CoinW stand out for their global availability. BitMart’s mix of Visa and Mastercard options makes it one of the most versatile and user-friendly cards worldwide.
The takeaway? No matter where you live, crypto cards are becoming the bridge between digital assets and daily payments. Whether you want cashback at your local café or lounge access at the airport, there’s now a crypto card for that.
