LATEST: Binance Launches Near-Instant Mastercard Crypto Withdrawals Across Europe

Binance has rolled out a new feature enabling European users to instantly convert cryptocurrency into spendable cash through Mastercard-linked debit and credit cards. The service, available across the European Economic Area and the UK, lets customers cash out either directly from their crypto holdings or from existing euro balances in their Binance accounts. Using Mastercard’s Move payment tools, the integration promises near-instant settlements, bypassing the delays of traditional bank transfers.

The new functionality sits within Binance’s “Buy & Sell Crypto” section on both web and mobile platforms. “Sell to Card” allows direct crypto-to-fiat conversion, while “Withdraw to Card” enables transfers from euro balances without extra steps. Currently limited to euro transactions, Binance plans to add other currencies in the coming months, prioritizing regions where instant liquidity is in high demand.

Binance Vice President of Fiat, Thomas Gregory, called the move a step toward “bridging the gap between crypto utility and real-world usability.” The company views this integration as a catalyst for treating digital assets not just as investments, but as everyday financial tools ready for use at checkout.

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