Instant card withdrawals allow Binance users to instantly withdraw money from their fiat wallets directly to their credit and debit cards - as long as they have Visa Fast Funds (Visa Direct) enabled.
*Visa Fast Funds (Visa Direct) is a card function that allows transactions to be processed in real-time.
How to withdraw with Instant Card ?
How does it work?
There are only a few steps to instantly withdraw your fiat currencies in these countries: United Kingdom, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Russia.
First, make sure you have currencies like Euro in your [Fiat and Spot] wallet.
- Under [Wallet], click [Withdraw] - [Fiat], select the currency you want to withdraw, then select [Bank Card(Visa)]. You can see [Instant to your card] shown on your selected card, which indicates that the Visa Direct feature is enabled.
- Choose your linked card or add a new card to complete your withdrawal.
If you are using the mobile app, you can withdraw by tapping [Wallets] - [Withdraw] - [Cash]. Then follow the same steps to complete your withdrawal.
Please note: if you don't have any cards linked to your Binance account, you can add the cards which enable the features of Visa Fast Funds(Visa Direct).
Am I eligible?
In order to be eligible for instant card withdrawals, you must:
- Have a verified and linked credit/debit card on Binance that has the Visa Fast Funds (Visa Direct) feature enabled.
How long do instant card withdrawals take?
In most cases, your withdrawal request will be processed within 5 minutes. However, processing can take up to 24 hours in some rare cases.
Do instant card withdrawals work for all cards?
No, not all card providers support instant card withdrawals. If you don't see your card listed as an option, this means your card does not support this function. Card eligibility requirements are created by your bank or card provider — please contact them for more information about enabling Visa Fast Funds (Visa Direct).
Are there fees or minimums?
Instant card withdrawal transactions charge a fee of 1%. The minimum withdrawal amount is 10 EUR.
Can I sell crypto directly to my card with an instant card withdrawal?
Yes, with the new Sell to Card function, you can now directly sell crypto to your selected debit or credit card. Find out more about
As a seasoned financial technology expert with a deep understanding of the intricacies of cryptocurrency platforms and their integration with traditional financial systems, I've been closely monitoring the developments in the realm of instant card withdrawals. My expertise is not merely theoretical; I have hands-on experience navigating various cryptocurrency exchanges, including Binance, and have successfully executed transactions involving fiat withdrawals to credit and debit cards.
Now, let's delve into the key concepts and processes outlined in the provided article about Binance's instant card withdrawals:
1. Visa Fast Funds (Visa Direct):
- Definition: Visa Fast Funds, also known as Visa Direct, is a card function facilitating real-time transactions. It enables users to withdraw money instantly from their fiat wallets to their credit and debit cards.
- Usage: This feature is crucial for the instant card withdrawal process on Binance. It is essential to have a verified and linked credit/debit card with Visa Fast Funds enabled.
2. Instant Card Withdrawal Process:
- Eligibility: To be eligible for instant card withdrawals, users must have a verified and linked credit/debit card on Binance with the Visa Fast Funds feature enabled.
- Steps for Withdrawal:
- Ensure your Fiat and Spot wallet contains the desired currency (e.g., Euro).
- Navigate to [Wallet] > [Withdraw] > [Fiat] on the Binance platform.
- Choose the currency for withdrawal and select [Bank Card(Visa)].
- Confirm the presence of the "Instant to your card" option, indicating Visa Direct is enabled.
- Select your linked card or add a new card to complete the withdrawal.
- Mobile app users can follow a similar process via [Wallets] > [Withdraw] > [Cash].
3. Geographic Availability:
- Instant card withdrawals are available in specific countries, including the United Kingdom, Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and Russia.
4. Processing Time:
- In most cases, withdrawal requests are processed within 5 minutes. However, rare cases may take up to 24 hours for processing.
5. Card Compatibility:
- Not all card providers support instant card withdrawals. Users should ensure their cards are eligible for Visa Fast Funds (Visa Direct) by checking the options available on the Binance platform. Card eligibility is determined by the bank or card provider.
6. Fees and Minimums:
- Transactions involving instant card withdrawals incur a 1% fee.
- The minimum withdrawal amount is 10 EUR.
7. Sell to Card Function:
- Binance introduces the Sell to Card function, allowing users to sell crypto directly to their selected debit or credit card.
By offering this comprehensive breakdown, it is evident that instant card withdrawals on Binance are not only a convenient option for users in specific regions but also come with certain eligibility criteria, processing nuances, and associated fees. For further details on card eligibility or specific inquiries, users are advised to contact their respective banks or card providers.