Particle.news

Download on the App Store

Binance Launches Near-Real-Time Crypto-to-Euro Mastercard Withdrawals in Europe

Using Mastercard Move, euro withdrawals arrive on cards in near real time without bank transfer delays.

Binance adds near-instant Mastercard crypto withdrawals in Europe
Binance users can now effortlessly convert crypto and withdraw funds to their mastercard
Binance and mastercard partner for crypto to fiat transfers in europe

Overview

  • The service went live on August 7 across the European Economic Area and the UK within Binance’s existing Buy & Sell Crypto interface.
  • “Sell to Card” converts digital assets directly into euros on linked Mastercard cards, while “Withdraw to Card” moves existing fiat balances to card accounts.
  • Both payout paths bypass traditional banking rails to enable near-real-time settlements for eligible debit and credit cards.
  • The feature currently supports only euro-denominated transactions, with Binance and Mastercard planning to add more fiat currencies in the coming months.
  • Binance and Mastercard view the integration as a key step in treating cryptocurrency as a practical payment method rather than solely a speculative asset.