When it comes to using a Binance debit card, there are certain purchase and deposit limits that you should be aware of. These limits are determined by a variety of factors, such as the verification process for your account, your payment type, and your purchase history. Generally speaking, the Binance debit card offers decent daily spending limits for the average user. For virtual cards, the daily limit is 870 EUR, while physical cards can spend up to 8,700 EUR per day.
The daily limit for ATM withdrawals is 290 euros, which is on par with many other trust bank card services. As an added security measure, withdrawals in any currency up to 100% of your first debit or credit card purchase will be blocked for 72 hours. The Binance Visa card is a cryptocurrency debit card that allows users to spend their digital assets in the real world just like they would with a traditional debit or credit card. Getting a Binance debit card is a straightforward process, but it requires a few steps to ensure a smooth experience.
Spending limits are much higher if you use the physical Binance card instead of the Binance virtual card. To increase security, purchases with a debit and credit card in USD may be blocked for 72 hours above on all purchases, not just the first. Additional debit or credit card purchases made during these 72 hours will also be blocked for the rest of the 72 hours. The Binance debit card is available for use in Europe, specifically in the countries of the EEA (European Economic Area) that are on the list, with the exception of the United Kingdom (United Kingdom). Since the card is not available for new orders and major card issuers are closing ties, it might be time to look for new alternatives to the Binance debit card.
