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BINANCE VISA CARD REVIEW [ UNBOXING | ACTIVATING | DEPOSIT | CASHBACKS | BENEFITS ] - YouTube
Channel: Petko Aleksandrov
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And it finally arrived, the Binance Visa card has just arrived today, probably about 10 days after
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ordering it, which is pretty fast, by the way.
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And this is how it looks like.
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Right.
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It's super light.
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Not like the steel Ruby card from crypto.com, for example.
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And probably I will compare both after some time.
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I'm using the Binance and the crypto.com cards.
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But as I receive the card today I decided to record the video and show how I will be activating it
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together with you.
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So we will see if it is a hard process or it's not.
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Let's get started.
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Hello, everyone.
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Petko Aleksandrov from Trading Academy.
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I'm super happy to have you on board because now I'll be activating my,
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Binance Visa card on the app.
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So now I am on the app.
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I will tap on Home and I will click on More
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This is where I will see the card, right in the Finance section.
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So I will tap on Card and what I will do.
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I will see a card balance of 0.00 because I haven't used the card yet.
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And if I scroll lower, you will see how the card looks.
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Actually, it's pretty similar, except the fact that on the app I can see the number on the front and the
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validate.
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So before activating it, I want to show you what I'm getting with this card.
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It depends on how many Binance coins I have in my profile.
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So you can see that it says Level 2.
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And if I tap on view levels, you will see that I'm getting cashback on every purchase I will be making
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with the card.
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And right now, I am at Level 2, getting 2%.
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But this is based on my 30-day average BNB, which shows 4.84 something.
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But actually, if I go back and I go to Wallets, you will see that I have exactly 10 BNBs and
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I have bought them recently.
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So I will be able to get 3% cash back.
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But because this was within the last one month, not yet 30 days from the moment I have bought them.
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This is why if I go to Home and one more time, I click on more and I go to Card and I will just crawl
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again lower to view the Levels here it is.
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So when I have a 30-day average, BNB of 10 into my wallet, I will be moved to Level 3, which
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is 3%.
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OK.
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And if I purchase more, for example, another 30, I will be able to enjoy 4% cashback.
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And if I purchase 600, which probably I won't be doing on the current price, I will be enjoying
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8% of cashback, which is really awesome.
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And here comes the thing that you really need to follow the BNB prize when you are purchasing it, because
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the more BNBs you have in your account, in your wallet, the bigger cashback you're getting.
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And I have bought the 10 BNBs on a relatively great price compared to where the market is right now.
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And actually, if you want to know what I'm buying and selling at that moment, you can check out my
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Patreon's page, I will put a link below in the description so we can follow along with all the investments
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I do.
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And definitely, BNB is one of the assets I'll be focusing from now on because in the Bullish market
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in 2020 and in 2021 it did so much better than Bitcoin.
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And if you look at the BNB/BTC, you will see what I'm talking about.
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So in a few days time, probably a week or two, I will be automatically moved to Level 3 because
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there will be 30 days since I purchased the 10 BNB coins.
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And if I go back, you will see that a little bit lower.
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I have the option to freeze the cards in case I lose it, and I have the option to activate my card .
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I will tap on that.
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And it says, activate your Binance Visa card.
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I will need to enter the last three digits.
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So it is 3364, and then activate your Binance Visa card using the CVV
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So this one, I won't tell you.
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And then it says, congratulations.
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Your physical Binance card is now activated.
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Don't forget to move any of your subscriptions on your virtual card to your physical card as your virtual
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card is deactivated.
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However, I didn't use the virtual card, but since I ordered the card, I was able to use it virtually.
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But it arrived actually pretty quickly.
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I am based in Bulgaria.
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I'm not sure from where they are shipping it, but it arrived for about 10 days and I cannot say this
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quick or slow.
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Probably will need some more stuff.
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So if you have ordered visa card, drop it in the comments below, like how long you've been waiting
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for it.
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So will have an average arrival time.
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OK, so I will click on Continue and then you will see that my profile says 0.00 EUR,
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your today's withdrawals.
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Nothing.
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I haven't done anything.
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And I will be able to see the transaction
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history while I'm using it, all right, and on the top, I have the option to transfer from
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the Spot wallet to the Pay wallet.
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I can choose which coin I want to transfer.
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It gives me the option between BNB, ETH, ADA.
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Obviously, I won't be using BNB because I want to keep 10 BNBs in my wallet to use the 3%
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cashback.
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But for example, if I press on Ethereum, I can select how much of Ethereum I want to transfer.
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For example, I can select 1 ETH.
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You can see that I have 1.2 at the current moment in this wallet.
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So it's your personal choice which coins you will be using to transfer to the Pay wallet.
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So you will be able to do the purchases and then get rewards as a cashback.
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And probably this is the best thing with these types of cards that the exchanges offer us.
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So this is how easy it is to start with the Binance card.
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If you have any questions, let me know, if you have found the video useful.
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I'd really appreciate if you could give it a huge like.
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And I hope to see you in another video. Take care
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We'll see you soon.
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Cheers!
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