Earlier on the 5th of August, the Binance official Twitter handle revealed that it has added SHIB, XRP and a few other cryptocurrencies to its Card.
It is good to know that the update surfaced following a comprehensive speech on the SHIB utility and growth possibilities with the largest global cryptocurrency exchange, Binance, given by Milkshake, the SHIB Marketing team official member.
The SHIB community was so pleased with the breakthrough especially when the Shibtoken broke the good news on Twitter. The post revealed that the Binance Card will be available to SHIB users across Europe. With this support, the SHIB users can now buy and sell tokens at over 60 million marketplaces across the globe alongside the special provision of almost 8% cashback with no annual fees charged.
Interestingly, the Binance Card wasn’t the first invention for Binance, the platform has always been on the move to cover take crypto across the globe via inventing various Apps. For instance, there have been applications like supporting DeFi staking before the Card.
Like I said earlier, there are a few other cryptocurrencies on the Binance Card aside from the SHIB and XRP which include ADA, AVAX, BNB, BTC, BUSD, DOT, ETH, LAZIO, PORTO, SANTOS, SXP, and USDT.
As stated on its official website, the Binance Card is limited to the Binance users living in the EEA and Ukrainian refugees living in the EEA country (Binance Refugee Crypto Card) at the moment.
There are rules guiding the usage of the Card and the how to register is also made available on Binance’s official website.