Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Binance Launches Crypto Mastercard in CIS with Cashback Rewards

Highlights:

  • Binance expands prepaid Mastercard crypto card to CIS countries for instant crypto payments.
  • The card supports store and online payments with up to 2% cashback monthly limit.
  • Binance also launches Valentine’s promo with $20,000 rewards for referrals and top-ups.

Binance, the largest crypto exchange by trading volume, has expanded its prepaid Mastercard crypto card to more CIS countries. On Friday, marketing lead Anka Tsintsadze confirmed the launch. This move shows the company is growing its presence in the region. Now, verified users in places like Armenia can use the card. They can instantly convert Bitcoin, Ethereum, stablecoins, and over 100 tokens into local cash when paying.

Advertisement

Banner

Binance Card Lets Users Pay in Crypto Anywhere Mastercard Is Accepted

The card works for both store and online payments wherever Mastercard is accepted. Also, users can earn up to 2% cashback on eligible purchases, with a monthly limit of $22.59. In Uzbekistan, customers can add funds in Uzbek som through the Humo card network. Meanwhile, people in Kazakhstan can top up in tenge using local banks or Mastercard services.

In addition, users across CIS can fund accounts in US dollars through credit cards, debit cards, Apple Pay, or Google Pay.

Binance co-founder Changpeng Zhao supported the move and shared his view on X. He said people can pay with crypto while merchants receive fiat or crypto. He added that this is a strong way to grow crypto payments and adoption. The card lets users keep their crypto until they pay. Then, Binance converts it at checkout. So, they do not need to change their crypto into cash before spending.

Before this update, Binance had already launched its card in many European countries, such as the UK, Germany, France, Italy, Spain, and others. Now, with its CIS rollout, the card is expanding beyond the European Economic Area. This step helps Binance grow its global payment network.

To apply, users need an account with a provider that offers crypto-linked cards, like an exchange or a crypto-friendly bank. Binance also requires identity and anti-money laundering checks, including standard know your customer steps. Once approved, users can use the card with no admin, processing, or yearly fees. Still, some third-party charges may apply.

The card is free of charge and is intended to help crypto payments become more accessible to daily use cases. By utilizing Mastercard’s global acceptance network, Binance hopes to help digital assets become more accessible to consumers in various markets worldwide.

Binance Launches Valentine Campaign With $20,000 Rewards

Meanwhile, Binance started a Valentine-themed promo with a $20,000 reward pool. It runs from February 13 to March 13. The campaign offers pink-themed crypto rewards. Users can win prizes by completing tasks like inviting friends, adding funds, or trading on Spot and Futures.

The “Bring a Plus One” offer gives rewards when users invite new people to join. Meanwhile, “Love at First Top Up” pushes deposits through P2P, fiat channels, card payments, or the Buy Crypto option. Depending on activity, rewards can go up to $1,000 in selected tokens with a pink icon, such as AMP, UNI, and DOT.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner