Binance and Mastercard relaunch crypto card in Brazil, free, with up to 2% cashback and accepted at over 150 million establishments.

The card integrates up to 10 cryptocurrencies per user, with automatic conversion to reais, and can be used for both everyday purchases and larger amounts.

Brazil is the first market chosen for the relaunch, reinforcing Binance's position as a financial ecosystem and regional leader in crypto adoption.

Binance and Mastercard announce, this Wednesday, 01, the relaunch of the Binance Card for all users in Brazil. The card is free and can be requested by any user of the exchange and offers 2% cashback.

"Binance has built the most comprehensive platform to bring its first 1 billion users into the crypto universe and the launch of the Binance Card is another example of this commitment. Brazil is a strategic market for the company, and the card adds to the complete portfolio of crypto payment solutions already available to Brazilian users," says Guilherme Nazar, regional vice president of Binance for Latin America.

The Binance Mastercard allows registered users in Brazil to make purchases and withdrawals using the cryptocurrencies from their wallets at over 150 million establishments that accept Mastercard worldwide.