I have a question, so you get up to 8% money back of what you spent and it will be delivered to your binance account in BNB, but most of us are gonna get the 1% back cause ain’t no way anyone is spending 200K on BNB. So most of us have a 1% money back but on the website it says the transaction fees are up to 0.9% so does that mean that we have to pay 0.9% extra every time you use the card and than get a 1% money back resulting in a 0.1% profit? Cause I don’t really get it. Can you explain?
@@brainplot So, if you use binance converter to put some BTC to Eur, charge your binance card with the Euro, go out and buy some stuff there will be no fee on the purchases?
Depends on the tax laws in your country, some counties might tax you once you use the card/spend crypto as it could be seen as a “sale” meaning that you would get taxes on the gains
There's a way round that and it's what's billionaires do. Get a loan against your assets (crypto), buy what you need to buy and pay back your loan with fiat or crypto. By doing it this way they can't tax you. This loophole will always exist because the world is run by billionaires, not banks.
quetion: im not from an eligible country, is it possible to delivery to an eligible country and just fly to take? and am i must live in an eligible country to use it?
You cannot deposit money - but u can convert from crypto to fiat and pay- but you should be able to deposit crypto at a bitcoin ATM. *Haven't used one though so DYOR (always)!
Make sure you transfer your crypto in the app to the card account (these are two separate “wallets/accounts” in the app). Also make sure you active the card once you receive it :)
I have a questions. I have the binance card and some BNB in my funding account. if I put my BNB in the vault to avail the APY, will I still be able to use the card with the benefits of cash back on the BNB that is in the vault???
yes, if you have your BNB in the "BNB Vault" it counts for the cashback. But I need to find if it is working with the "Locked Savings" for the bnb balance calculation. more APY.
Payment fees are 0.9% lol so you lose 1% cashback everytime, to put money on binance i also have to pay fee. End of the day you lose more then you earn
You pay 0.10% fees to buy crypto along with 0.9% to use the card. But if you have just 1 BNB you will actually gain 2% worth of rewards (which is 1% of profit)
UK government / banks have cancelled binance so no. There is another exchange that offers a cashback debit card in the UK but youtube will not let me mention them without deleting my comment. It's named after crypto currency and their tag line is fortune favours the brave. They offer a 10% whale card but you have to hold a lot of crypto on their exchange for that. Don't risk it, just get the 3% jade green card instead. They are metal cards and look awesome.
Hey @whoisbobban, do you have maybe a referall ID for the binance VISA card? It's not a new account referall - it's a one specifically for VISA card - contains 6 digits.
Be very careful with the binance card, if you put large amounts you will be stolen even by the binance employees, avoid the binance card!!! I already lose about 800 euros. The security is very very poor.
Metal cards don't work that well in ATMs/POS in some countries, so the plastic is universal.
Did you have to pay anything for shipping of the card or does Binance pay for the shipping ?
Shipping is free but it might vary between countries!
@@erikssongustav Thank you very much 👍
I have a question, so you get up to 8% money back of what you spent and it will be delivered to your binance account in BNB, but most of us are gonna get the 1% back cause ain’t no way anyone is spending 200K on BNB. So most of us have a 1% money back but on the website it says the transaction fees are up to 0.9% so does that mean that we have to pay 0.9% extra every time you use the card and than get a 1% money back resulting in a 0.1% profit? Cause I don’t really get it. Can you explain?
That's correct. Although the 0.9% fee only applies when you pay using crypto and not when you pay in EUR.
@@brainplot So, if you use binance converter to put some BTC to Eur, charge your binance card with the Euro, go out and buy some stuff there will be no fee on the purchases?
So your telling me that I can spend my crypto gains without turning them into fiat,tax free ?
Depends on the tax laws in your country, some counties might tax you once you use the card/spend crypto as it could be seen as a “sale” meaning that you would get taxes on the gains
There's a way round that and it's what's billionaires do. Get a loan against your assets (crypto), buy what you need to buy and pay back your loan with fiat or crypto. By doing it this way they can't tax you. This loophole will always exist because the world is run by billionaires, not banks.
@@bluebull399 How did that work out with Vauld?
I need to buy BnB in binance first and after it will deposit in my binance debit card?
3:46 no fees? so what's the "up to 0.9%"?
u get 1.0% cashback and when u pay 0.9 % fee that means u make 0.1% profit
For the Binance card the BNB held in the wallet can be staked aswell or it must rest in the spot wallet?
Thanks have a good day
Curious about this as well
what does that even mean though. can you explain
Hey thanks for the clear explanation. I still have an important question. Can I use my binance card in Mexico?
2:00 I will Say Yes
Nice comment, thank you !
Where should the BnB required for the rewards ( in which wallet )
I need a crypto debit card so I can receive monies owed to me. How do I get the card ?? Please advise
Do you deposit money from the ATM to the binance card?
You put money into your Funding Wallet on Binance
Have a nice and prosperous year! Is the Binance card still worth it in 2023?
Can XLM be used as the funding coin for the Binance Card wallet ?
No i dont think so
No, however, USDT and XRP are both supported.
quetion: im not from an eligible country, is it possible to delivery to an eligible country and just fly to take? and am i must live in an eligible country to use it?
I also need this answer
if you only have 100 usdt can i still request binance casd or they have minimum balance to get binance card?
Yes you can still apply for the card!
You can apply for the card it’s 0 fees
Is it possible to deposit money from ATM to card?
You cannot deposit money - but u can convert from crypto to fiat and pay- but you should be able to deposit crypto at a bitcoin ATM. *Haven't used one though so DYOR (always)!
I am from India??? How i can i get this card???. Could you help me???
Hello : i have binance card level 1 ,but not working for shopping what I do think you.
Make sure you transfer your crypto in the app to the card account (these are two separate “wallets/accounts” in the app). Also make sure you active the card once you receive it :)
I have a questions. I have the binance card and some BNB in my funding account. if I put my BNB in the vault to avail the APY, will I still be able to use the card with the benefits of cash back on the BNB that is in the vault???
yes, if you have your BNB in the "BNB Vault" it counts for the cashback. But I need to find if it is working with the "Locked Savings" for the bnb balance calculation. more APY.
@@alanfink5249 I’m wondering the same, have you figured out?
Any news on this?
@@gergelylaszlo8822 It doesn't count if you use "Locked Savings"
Payment fees are 0.9% lol so you lose 1% cashback everytime, to put money on binance i also have to pay fee. End of the day you lose more then you earn
You pay 0.10% fees to buy crypto along with 0.9% to use the card.
But if you have just 1 BNB you will actually gain 2% worth of rewards (which is 1% of profit)
actually u earn more from binance
Hi, is it possible to get the card if I live in the UK?
Binance card is not available in UK
UK government / banks have cancelled binance so no.
There is another exchange that offers a cashback debit card in the UK but youtube will not let me mention them without deleting my comment. It's named after crypto currency and their tag line is fortune favours the brave.
They offer a 10% whale card but you have to hold a lot of crypto on their exchange for that. Don't risk it, just get the 3% jade green card instead. They are metal cards and look awesome.
Your video goes on the same idea line of mine: binance card isnt great
Good i choose other one.
Not Denmark?
Hey @whoisbobban, do you have maybe a referall ID for the binance VISA card? It's not a new account referall - it's a one specifically for VISA card - contains 6 digits.
you should train your jaw and you would look like a supermodel. i'm serious.
Train your jaw?
My jawline is perfect already! Got any recommendations on modeling agencies for me?
Be very careful with the binance card, if you put large amounts you will be stolen even by the binance employees, avoid the binance card!!! I already lose about 800 euros. The security is very very poor.
Really?
I thought you have the card
Hi
Too much add
You mean ads? I actually only run “skipable” ads on the channel and around 1-2 per video :)