Binance Launches Near-Instant Crypto Withdrawals to Mastercard for European Users

Binance has launched a new feature enabling European users to withdraw cryptocurrency funds to an eligible Mastercard in near real time. The update introduces two key functionalities: “Sell to Card” and “Withdraw to Card,” allowing users to convert crypto into fiat currency or transfer existing fiat balances directly to their linked Mastercard. This enhancement, powered by a strategic partnership with Mastercard, aims to reduce the typical delays and friction associated with converting digital assets into spendable funds [1].

The “Sell to Card” feature lets users select a cryptocurrency, convert it into fiat currency (such as U.S. dollars or euros), and send the funds directly to their Mastercard. Withdrawals are processed almost instantly, offering traders and investors faster access to their liquidity. However, for credit card transactions, additional fees may apply beyond Binance’s standard order fees, and users are advised to review their card issuer’s terms before initiating a withdrawal [2].

To ensure security, Binance has implemented automatic safeguards. If a withdrawal fails due to banking issues, the amount is automatically refunded in USDC, a stablecoin pegged to the U.S. dollar. This allows users to retry the transaction or opt for alternative withdrawal methods such as bank transfer. The platform also conducts necessary security checks to protect the integrity of the transaction process [3].

A key consideration for users is the volatility of cryptocurrency prices. Binance provides a price quote for each transaction, which may expire if the withdrawal process takes too long. In such cases, users receive a new quote and must reconfirm the transaction to proceed [4].

The feature is currently available to users in the European Economic Area (EEA) and the United Kingdom. Binance has emphasized the importance of compliance and security in its implementation, ensuring that the new functionality aligns with global financial standards and regional regulatory requirements [5].

This move is part of Binance’s ongoing efforts to improve the user experience and promote the broader adoption of cryptocurrency. The firm previously introduced instant euro crypto cash-outs in July 2025, allowing European users to bypass traditional bank transfers that often involve delays and extra fees [6].

The integration of Mastercard into Binance’s withdrawal infrastructure could have broader implications for the crypto-to-fiat market. As more exchanges adopt similar solutions, the divide between digital assets and traditional finance may shrink, fostering greater interoperability and trust among users. This development underscores the growing convergence of cryptocurrency and mainstream financial systems [7].

Source:

[1] Binance. (2025, July 19). https://www.binance.com/en/blog/fiat/6688284229812504338

[2] Altcoin. (2025, August 6). https://www.altcoinbuzz.io/cryptocurrency-news/binance-adds-near-instant-crypto-withdrawals-to-mastercard/

[3] CoinMarketCap. (n.d.). https://coinmarketcap.com/community/articles/6895b8fc247dfe77de5f2b3e/

[4] Bitcoin.com. (2025, August 5). https://news.bitcoin.com/binance-and-mastercard-partner-for-crypto-to-fiat-transfers-in-europe/

[5] FF. (2025, August 7). https://ffnews.com/newsarticle/cryptocurrency/binance-mastercard-crypto-withdraw/

[6] AInvest. (2025, June 15). https://www.ainvest.com/news/binance-mastercard-launch-instant-euro-crypto-cash-european-users-2508/