The world’s largest cryptocurrency exchange, Binance, has officially launched a new feature allowing users in the European Economic Area (EEA) and the United Kingdom to instantly convert their crypto assets into fiat and withdraw funds directly to Mastercard-linked accounts. This marks a significant step forward in enhancing user experience, shortening transaction times, and streamlining the crypto-to-fiat conversion process.
Powered by Mastercard Move, the new integration offers two main options for users:
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Sell to Card: Instantly sell crypto and receive fiat funds directly to a linked Mastercard.
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Withdraw to Card: Transfer existing fiat balances on Binance directly to a Mastercard account.
Both options offer near-instant settlement, subject to the processing times of the recipient’s issuing bank.
Easy to Use – Fast Access
To activate this feature, users simply navigate to the “Buy & Sell Crypto” section on the Binance app or website. From there, they can choose either the “Sell” or “Withdraw” option, enter the desired amount, link or select a Mastercard, complete basic security verification, and confirm the transaction. This streamlined process provides near-instant fiat access — a major improvement over traditional bank transfers that can take hours or even days.
Greater Liquidity, Real-World Utility for Crypto
This feature is especially beneficial for users who need fast liquidity — whether to take profits, cover urgent expenses, or move assets into more stable financial instruments. It also reflects Binance’s ongoing effort to bridge the gap between traditional finance and decentralized finance (DeFi).
The launch of instant Mastercard withdrawals further underscores Binance’s commitment to user-driven innovation. By eliminating common barriers in the off-ramping process, Binance is making crypto not just a futuristic concept, but a practical financial tool for everyday life.
