Binance Adds Near-Instant Crypto-to-Fiat Withdrawals for Mastercard Users in Europe

Binance, the world’s largest cryptocurrency exchange by trading volume and users, has rolled out a new feature in Europe that allows customers to convert crypto to fiat and transfer it directly to an eligible Mastercard — with funds available in near-real time.

Good to Know

• Two new features: Sell to Card and Withdraw to Card.
• Near-instant Euro payouts for eligible Mastercard holders.
• Powered by Mastercard Move, part of Mastercard’s money movement solutions.

A Faster Way to Off-Ramp Crypto

The new “Buy & Sell” service is available on both the Binance website and mobile app. It gives users two ways to move funds to their Mastercard:

• Sell to Card – Instantly convert cryptocurrency to fiat (currently Euros) and send the funds directly to a linked, eligible Mastercard.
• Withdraw to Card – Transfer an existing Euro balance on Binance to a Mastercard without converting crypto first.

Both options provide near-real time access to funds, offering an alternative to bank transfers and other withdrawal methods. Binance says support for additional fiat currencies will be added in the future.

Why It Matters for European Binance Users

The move streamlines the off-ramping process for nearly 300 million Binance users worldwide, with Europe as the first region to benefit from the integration.

Binance Vice President of Fiat, Thomas Gregory, said:

“The new Sell to Card and Withdraw to Card features streamline and enhance the user experience, making payouts of crypto proceeds simpler and faster than ever for our users.”

Gregory added that Binance plans to expand the service with more products and features while maintaining “the highest standards of regulatory compliance, world-class security, and user protection.”

Mastercard’s Role in the Partnership

Mastercard is enabling the service through Mastercard Move, its suite of payment and money transfer solutions. Scott Abrahams, executive vice president for Global Partnerships at Mastercard, said:

“Mastercard is committed to unlocking the true potential of crypto assets for everyday use. Through our global partnership with Binance, we are thrilled to bring an enhanced payout experience to Binance users across Europe.”

FAQ

Who can use Binance’s Sell to Card and Withdraw to Card features?

They are currently available to European Binance users with an eligible Mastercard.

What currencies are supported?

Euro payouts are supported at launch, with more fiat options expected soon.

Do I need to sell crypto to use the Withdraw to Card option?

No. Withdraw to Card lets you send an existing Euro balance from Binance directly to your Mastercard.

Is it instant?

Binance says both options offer near-real time fund availability.

Summary

Binance’s new Sell to Card and Withdraw to Card options give European users a faster, simpler way to cash out crypto or move existing fiat balances. Powered by Mastercard Move, the service delivers near-instant payouts to eligible Mastercards and could expand to other currencies in the future.