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Binance Partners With Mastercard to Launch Prepaid Crypto Card in Brazil

The card will allow payments with 13 cryptocurrencies, including bitcoin, ether and Binance USD

By sanjayPublished 2 months ago 4 min read

Binance, one of the leading cryptocurrency exchanges, has partnered with Mastercard to launch a prepaid crypto card in Brazil. This new debit card will allow crypto users in Brazil to easily convert their digital assets into fiat currency and spend them anywhere Mastercard is accepted.

Key Features of the Prepaid Crypto Card

The prepaid crypto card is compatible with the Mastercard network, which means it can be used at millions of merchants worldwide. Users can conveniently pay for goods and services using their digital assets without having to convert them to fiat currency beforehand. The card also allows for easy conversion of cryptocurrencies to fiat currency.

The benefits of using the prepaid crypto card include seamless payment solutions, improved security and enhanced user experience.

How to Get the Prepaid Crypto Card

To be eligible for the prepaid crypto card, users must be residents of Brazil and have a Binance account. The steps to apply for the card are simple and straightforward. Once approved, the card will be mailed to the user's address.

There are fees and charges associated with the card, such as annual fees and transaction fees. Users should familiarize themselves with the fees before applying for the card.

If the prepaid crypto card is not for you, there are alternatives available in the market, such as mobile wallets and crypto debit cards from other providers.

In conclusion, the partnership between Binance and Mastercard is a major

Top level keywords: Binance, Mastercard, prepaid crypto card, Brazil

Longtail keywords: cryptocurrency, debit card, digital asset, payment solutions, crypto users, Mastercard network

Header Outline:

I. Introduction

A. Brief overview of Binance and Mastercard partnership

B. Purpose of the prepaid crypto card

C. Target audience - crypto users in Brazil

II. Key Features of the Prepaid Crypto Card

A. Compatibility with the Mastercard network

B. Convenient payment solutions for digital assets

C. Easy conversion of cryptocurrencies to fiat currency

D. Benefits of using the prepaid crypto card

III. How to Get the Prepaid Crypto Card

A. Eligibility criteria

B. Steps to apply for the card

C. Fees and charges associated with the card

D. Alternatives to the prepaid crypto card

IV. Conclusion

A. Recap of the partnership between Binance and Mastercard

B. Final thoughts on the prepaid crypto card

C. Future outlook of the crypto payment industry


Focus on the benefits of the prepaid crypto card for users in Brazil

Emphasize the security and convenience of the card

Highlight the compatibility with the Mastercard network

Provide a step-by-step guide on how to get the card

Discuss the fees and charges associated with the card

Compare the prepaid crypto card with other payment solutions in the market

Title tags:

Binance & Mastercard Launch Crypto Card in Brazil: Key Features & Benefits

Use Digital Assets Anywhere with Binance-Mastercard Crypto Card

Get the Binance-Mastercard Crypto Card: How to Apply & Benefits

Meta descriptions:

Binance partners with Mastercard to launch a prepaid crypto card in Brazil. Learn about the key features and benefits of the card.

Use your digital assets anywhere with the new Binance-Mastercard crypto card. Find out how to apply and get started.

Get the Binance-Mastercard crypto card and enjoy the benefits of seamless crypto payments. Learn how to apply and start using it today.

The product is now in a testing phase and “will be widely available in the coming weeks,” a Binance spokesperson told CoinDesk.

“Brazil is an extremely relevant market for Binance and we will continue to invest in new services for local users, as well as contribute to the development of blockchain and the crypto ecosystem in the country,” Guilherme Nazar, general manager of Binance Brazil, said in a press release. Brazil is one of Binance's top 10 markets globally, according to its post.

Binance cited a Mastercard study conducted in 2022 showing that 49% of Brazilian consumers claimed to have made at least one transaction using crypto in the past 12 months, compared to a global average of 41%.

Binance launched its card in Brazil after making a similar announcement in Argentina in August, also in partnership with Mastercard. The company rolled out a similar offering in the European Economic Area in August 2020.

“Brazilians are eager to use cryptocurrency beyond an investment asset,” Marcelo Tangioni, president of Mastercard in Brazil, said in the press release.

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