Top 5 Binance Card Alternatives In Europe: A Guide

Users seek reliable alternatives with Binance discontinuing its crypto card services in the European market. Recall that Binance canceled its card options due to issues regarding compliance with new European regulations.

This guide provides five leading alternatives, enabling you to choose the best fit for your needs.

5 Best Binance Card Alternative for Europe Users

KuCard (Kucoin Card)

The KuCard, also known as the Kucoin Card, was released by the crypto platform in November 2023. At the time of writing, it’s for people who live in the EEA (European Economic Area).

It is worth noting that to get the card, you must finish the KYC process. Once you have the card, you can use it at any store globally that recognizes Visa debit cards as a means of transacting.

It currently mainly supports the USDT (Tether) and Euro (EUR). But KuCoin plans to add more currencies soon. You can use it without fees if you’re in Europe and paying in Euros.

But if you’re using it outside Europe or with a different currency, there’s a 2% fee. Also, if you’re getting cash from an ATM, it’s €1.50 in Europe or 2% of the amount if it’s outside Europe.

The card has a €5,000 monthly limit for withdrawals. Also, remember, you have to pay €9.99 for the card, and there’s an annual fee of €10.

Coinbase Card

The Coinbase Card is a handy way to spend your cryptocurrency or US dollars at places that accept Visa cards. You need a Coinbase account to get this card. Once you order it, the digital version is ready immediately, and the physical card comes in 2-3 weeks.

You can use it like a regular card to buy things in stores or online. The special part? It turns your crypto into US dollars instantly when you make a purchase.

You can also take cash out from ATMs worldwide. But it has a limit of $1,000 a day. There’s no fee for getting the card, but when you convert your crypto, Coinbase charges 2.49%.

However, every time you make a purchase, you get some crypto rewards.

Wirex Card

The Wirex Card is available in 130+ countries. Verification on the Wirex platform allows instant access to a digital card, while the physical one arrives within two weeks.

Linked to your Wirex account, it supports regular and crypto transactions. Enjoy free card issuance, transactions, and free ATM withdrawals up to $200/month.

There are fees for adding money to your Wirex account using a local card, but these fees depend on your location.

Bybit Card

The Bybit Card is a Mastercard debit card that lets you spend your crypto directly from your Bybit account. It’s accepted in over 90 million stores worldwide. You can apply for this card once you’ve verified and funded your Bybit account.

It might take about a week to get it after applying. But before it arrives, you’ll have a digital card for online use and a physical one for in-store purchases. It’s available for folks in certain European countries.

You can use it with EUR or GBP, depending on your base. They’ve got some reasonable rates compared to other options. Also, the card only offers point rewards, no crypto cashback.

Nexo Card

The Nexo Card is versatile, allowing you to switch between the debit or credit card mode. Even though it’s only available in the European Economic Area (EEA), it enables spending by borrowing against your crypto holdings, minimizing taxable events.

The card offers cashback rewards and flexible ATM withdrawal limits depending on the tier.

Choosing The Right Crypto Card

Selecting the ideal crypto card involves considering supported cryptos, conversion fees, spending limits, rewards, security features, and regulatory compliance. Users’ location, spending habits, and preferences will determine the best alternative to suit their needs.

Identifying crypto card options besides Binance’s card services ensures resilience against sudden changes. Understanding the terms and conditions before choosing any alternative crypto card is paramount.