Binance Card Adds Three New Altcoins: Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX)

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Major glob­al cryp­tocur­ren­cy exchange Binance announced Fri­day that three new alt­coins are now added to its Binance Card includ­ing Rip­ple (XRP), Shi­ba Inu (SHIB), and Avalanche (AVAX).

The card cur­rent­ly sup­ports a total of 14 cryp­tocur­ren­cies, includ­ing Car­dano (ADA), Avalanche (AVAX), BNB, Bit­coin (BTC), Binance USD (BUSD), Polka­dot (DOT), Ether (ETH), S.S. Lazio Fan Token ( LAZIO), FC Por­to Fan Token (PORTO), San­tos FC Fan Token (SANTOS), SHIB, Swipe (SXP), Teth­er (USDT) and Rip­ple (XRP).

On its offi­cial web­site, Binance wrote:

Binance Card is only avail­able to Binance users liv­ing in the EEA and Ukrain­ian refugees resid­ing in the EEA coun­try (Binance Refugee Cryp­to Card) at the moment.

Accord­ing to the announce­ment, Binance Card­hold­ers can use it to make pur­chas­es and pay bills with cryp­tocur­ren­cies such as Bit­coin and BNB in ​​over 60 mil­lion online and brick-and-mor­tar stores.

Binance also stat­ed that the cur­rent pay­ment pri­or­i­ty pref­er­ences of exist­ing Binance Card users will not change.

Cryp­tocur­ren­cy exchange Binance announced Thurs­day the launch of a cryp­to pre­paid card in Argenti­na through a part­ner­ship with Mas­ter­card to close the gap between cryp­tocur­ren­cies and every­day purchases. 

The launch of the Binance Card at first comes off as an avenue to bring increased util­i­ty to users in the Binance ecosys­tem. This way, more users will find more val­ue attached to their dig­i­tal cur­ren­cies, a sit­u­a­tion that is bound to fos­ter an enhanced embrace of cryp­to innovations.

Besides Binance, oth­er cryp­to exchanges includ­ing Coin­base and Crypto.com also have sim­i­lar prod­ucts, and above all, more are cre­at­ing capac­i­ties for more func­tion­al Cryp­to Cards that can help estab­lish their foothold in the industry.

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