Binance has launched a new service that allows users to sell crypto assets directly to credit and debit cards through a partnership with Paymonade. Supporting VISA and Mastercard, this feature simplifies the conversion of cryptocurrencies into local currencies and the transfer of funds to cards.
Users can access this feature in the "Sell Cryptocurrency" section on the platform by selecting Paymonade as the payment method. After completing security checks, the funds are automatically transferred to the card.
Binance has also implemented additional verification for increased security and regulatory compliance.