Binance was announced on Friday that its Binance card now supports three new altcoins. Card users are now able to access their holdings in Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX).
The Binance Card allows its holders to “convert and spend cryptocurrencies at more than 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, to Ukrainian refugees. Before the escalation of the conflict in Ukraine, Binance had intentions to expand its reach into Ukraine sometime this year.
With the latest addition, the card now supports 14 cryptocurrencies, including Cardano (ADA), AVAX, Binance Coin (BNB), Bitcoin (BTC), Binance USD (BUSD), Polkadot (DOT), Ethereum (ETH), SS Lazio Fan Token (LAZIO), FC Porto Fan Token (PORTO), Santos FC Fan Token (SANTOS), SHIB, Swipe (SXP), Tether (USDT) and XRP.
The new additions to the supported crypto do not change the current payment preferences for those who already use the Binance Card.
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This development comes a day after Binance announced its partnership with Mastercard to bring prepaid cards to Argentina. The two financial services providers will work together in an effort to expand payment capabilities to Binance users in the country.
Customers in Argentina will be able to use BTC and BNB, among other cryptocurrencies, for purchases and withdrawals where Mastercard is accepted.
Earlier this year, Wirex added AVAX to its already long list of coin offerings on its crypto card. The platform offers users the ability to pay in 61 different currencies, both fiat and crypto.
Nexo also launched a crypto card in partnership with Mastercard. Nexo announced the project in 2019, though it finally appeared nearly three years later. Similar to the Binance Card, it is only available to residents of certain countries in Europe.