Guilherme Nazar about launch of the Binance card in Brazil

Introducing the Brazilian Binance Card: The Ultimate Tool for Cryptocurrency Users

The Brazilian central bank has announced the launch of a new debit card that will revolutionize the way cryptocurrency users interact with traditional financial services. The Binance Card, which is regulated by the central bank, aims to seamlessly integrate the world of cryptocurrencies with the global financial ecosystem.

The launch of Binance Card in Brazil was the result of the country's great interest in cryptocurrencies. According to a recent global survey, 49% of Brazilian consumers participated in at least one cryptographic transaction compared to the global average of 41%. Binance sees this as an opportunity to invest in new services for local users and contribute to the development of the Brazilian blockchain and cryptocurrency ecosystem..

assured Binance General Manager in Brazil Guilherme Nazar

Real-Time Crypto-to-Fiat Conversions at Your Fingertips

With the Binance Card, users can automatically convert their crypto assets into fiat currency in real time, directly at the point of purchase. According to Mastercard representatives, the card can be used at more than 90 million service points across the world. The initial card balance is maintained in 14 different assets, including Brazilian real, BNB, BUSD, USDT, BTC, and ETH.

Exciting Benefits for Brazilian Binance Card Holders

Holders of the Brazilian Binance Card can enjoy up to 8% cashback in crypto assets and interest-free cash withdrawals at ATMs. These benefits are sure to appeal to Brazilian consumers, who have shown a strong interest in cryptocurrencies in recent years. In fact, according to a recent global survey, 49% of Brazilian consumers have participated in at least one cryptographic transaction, compared to the global average of 41%.

Investing in New Services for Local Users

Binance views the launch of the Brazilian Binance Card as an opportunity to invest in new services for local users and contribute to the development of the Brazilian blockchain and cryptocurrency ecosystem. "We are excited to bring this revolutionary new product to Brazil and look forward to expanding our list of supported crypto assets in the future," said Binance General Manager in Brazil, Guilherme Nazar.

Expanding Globally

Binance plans to bring the Binance Card to markets around the world, following the successful launch of a similar banking product for Argentine citizens in collaboration with the Mastercard payment system. With its real-time crypto-to-fiat conversions and exciting benefits for users, the Binance Card is set to become the ultimate tool for cryptocurrency users around the globe.

In conclusion, the Brazilian Binance Card is a game-changer for the world of cryptocurrencies, providing users with unprecedented access to traditional financial services. With its innovative features and exciting benefits, the Binance Card is sure to be a hit with cryptocurrency users in Brazil and beyond.