Binance Card users now have access to XRP, SHIB and AVAX

Binance Card holders now have access to 14 supported cryptocurrencies, including XRP, AVAX, and SHIB, among others.

Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the ability to access their Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX) holdings.

The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and brick-and-mortar stores”. However, the card is only available to EU citizens and, according to the website, to Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance intended to expand the reach of its card in Ukraine later 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 cryptocurrency do not change the current payment preferences for those who already use Binance Card.

This development comes the day after Binance announced its partnership with Mastercard to bring prepaid cards to Argentina. The two financial services providers will work together with the goal of expanding payment options for Binance users in the country.

Argentine customers will be able to use BTC and BNB, among other cryptocurrencies, for purchases and withdrawals wherever Mastercard is accepted.

Earlier this year, Wirex added AVAX to its already long list of currency offerings on its crypto card. The platform offers users the ability to pay in 61 different currencies, both fiat and cryptocurrencies.

Nexo has also released a crypto card in partnership with Mastercard. Nexo announced the project in 2019, although it eventually came to light nearly three years later. Similar to the Binance Card, it is only available to residents of certain countries in Europe.

Leave a Comment