Binance card cashback

binance card cashback

How does Binance card cashback work?

1. How does Binance Card Cashback work? Binance Card offers cashback for every purchase that you make with the card*. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Cashback is calculated on a daily basis for each settled** purchase from the previous date.

How much BNB Cashback can you get on Binance?

The level of cashback you will receive is going to depend on how many BNB tokens you hold on your Binance account. To receive the base level 1% cashback, you don’t need to hold any BNB. To receive the highest cashback tier (8%), you need to have been holding 6,000 BNB on Binance for the last 30 days.

What is the best way to use my Binance card?

Binance has the right to the final interpretation of whether the transaction is a subject of the reward (aka the Binance Cashback). We recommend you use your Binance Card directly for payments instead of using external e-wallets.

How do I add virtual cards to my Binance account?

Virtual cards can be added into digital wallets like Apple Pay and Google Pay. Once you’ve created your Binance Account and completed KYC, you can go to the Cards section of the Binance website where you can select the Order Card option.

What is the Binance card cashback policy?

Binance Card offers cashback for every purchase that you make with the card*. The cashback percentage depends on your card level, based on the amount of BNB holdings in your Binance wallets. Cashback is calculated on a daily basis for each settled** purchase from the previous date.

Is the Binance card worth it?

Binance Card cashback bonus One of the best parts about the Binance Card is that it offers a cashback bonus on your purchases. The cashback is paid in the form of BNB, the token used by the Binance exchange. The level of cashback you will receive is going to depend on how many BNB tokens you hold on your Binance account.

Where can I see the earned Binance cashback?

Where can I see the earned Binance Cashback? You can see the cashback rewards under [Transaction History] along with the original purchases. Cashback is calculated and transferred to your Funding Wallet after the purchase is settled (typically happens a few days after the purchase).

What does *BNB monthly average balance mean on Binance?

*BNB monthly average balance means the average holdings of BNB in your Binance wallets for a period of 29 days before yesterday. The amount of the BNB in the column is the minimum amount for being qualified to the respective cashback levels.

For example, if your BNB monthly average balance is 5 BNB, which is between 1 BNB (card level 2) and 10 BNB (card level 3), you are qualified for card level 2 and can receive 2% cashback on your purchases. 3. Where can I see the earned Binance Cashback?

How much BNB do I need to be qualified for cashback?

How to buy Bitcoin on Binance?

After you have checked your id, go to “Buy / Sell” to buy your Bitcoin. The Bitcoin will be delivered to your wallet directly. Ironically, as you can’t get a Bitcoin use credit card on binance or debit card on sale, as the use credit card on Binance does not endorse a fictitious currency.

What is Binance card and how does it work?

With Binance Card, which just launched in Europe and will roll out to more areas soon, you earn BNB rewards when you use it to spend on thousands of supporting merchants worldwide. The cashback rate starts at 1%, and the more BNB you hold in your Binance account, the higher the rate goes, even up to 7%.

How do I withdraw cash from my Binance card?

The Binance Card generally allows you to withdraw cash from an ATM within the ATM limit, as long as you are in a region that supports cash withdrawals. Please visit your nearest ATM and follow the instructions on the screen to withdraw cash. You will need your PIN to use the Binance Card in an ATM.

How to trade on Binance for beginners?

Next, you can learn how to trade on Binance! There are two Binance trading settings: Basic and Advanced. Beginners should start by trading in Basic. The Basic trade setting has a simple layout that’s easy to understand. Only important information for making trades is displayed.

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