Binance just gave European crypto holders another reason to smile. You can now sell your crypto or withdraw existing fiat directly to your Mastercard, with funds landing in near-real time. No waiting days for bank transfer or using multiple apps or services. Just a few clicks and your money is ready to spend.
This latest upgrade is part of Binance’s push to make off-ramping as quick and simple as buying crypto. And with Mastercard Move powering the service, speed and security come built-in.
How It Works
You now have two ways to move money from Binance to your Mastercard:
- Sell to Card: Turn crypto into euros instantly. Pick the coin, choose EUR, select your linked card, and hit confirm. Your cash is ready to spend before your coffee gets cold.
- Withdraw to Card: Already holding euros in your Binance account? Skip the conversion step and send it straight to your Mastercard. Perfect for moving previous sales or deposits into spendable funds fast.
The card withdrawal fee is set to flat 2%. In Europe, SEPA bank transfers will result in cheaper withdrawals, but the speed and convenience of Mastercard Move withdrawals is unmatched.
How to Withdraw to Mastercard on Binance
- Log in to your Binance account on the site or app.
- Go to the Buy & Sell Crypto page.
- Choose Sell or Withdraw.
- Select your currency and amount.
- Pick a linked Mastercard or add a new one.
- Complete security verification and confirm.
Note: You’ll need iOS version 2.102.3 or Android 2.102.4 (or later) to see these options.
Past Innovations: The Paymonade Launch
This isn’t Binance’s first shot at making off-ramping painless. Back on October 24, 2024, Binance teamed up with Paymonade to let users in over 100 countries sell crypto directly to credit or debit cards (both Visa and Mastercard).
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That service supported coins like Bitcoin and Ethereum, converting them into local currencies and depositing the funds directly into bank-issued cards. While Paymonade also carried a 2% withdrawal fee, it proved how seamless card withdrawals could be.
The new Mastercard Move integration now takes that convenience a step further by removing the need for third-party platforms entirely.
At the moment, the only other exchange with card withdrawals is Gate. Through Gate Connect, platform users can cash out to Visa or Mastercard, and the withdrawal fee is approximately 3%.
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Withdraw to Card Has Never Been Easier
These features aren’t just about speed. They make crypto earnings practical for daily life. You can pay for groceries, shop online, or grab cash from an ATM without the hassle of waiting days for funds to clear.
Binance Vice President of Fiat, Thomas Gregory, called the service a step toward “real-world crypto utility” for their nearly 300 million users. Mastercard’s Scott Abrahams agreed, saying it unlocks “the true potential of crypto assets for everyday use.”
If you’re in Europe or the UK, you can now convert crypto to cash in minutes without leaving Binance. Whether you’re cashing out profits or just need quick access to spending money, these Sell to Card and Withdraw to Card features give you speed, simplicity, and control.
Visit Binance today, link your Mastercard, and start turning crypto into cash instantly.
