If you're a player in the cryptocurrency world, you must often be troubled by how to safely and efficiently convert your USDT into money for daily spending, right? Today, I want to talk about BinPay, this prepaid card is simply tailor-made for people like us. It's not just an ordinary virtual card; it also allows you to easily cash out and avoid various pitfalls of domestic payment channels. BinPay is operated by a licensed financial institution registered and regulated in Hong Kong, holding both a US MSB license and a Hong Kong MSO license, sounds reliable, right? They offer both virtual and physical cards from Visa and MasterCard, all operated through the BinPay APP, allowing you to convert USDT into USD and then load it onto the card for spending.
BinPay Official Website: https://ucards.org/u/binpay
First, let’s discuss why BinPay is so suitable for cashing out in the crypto world. Traditional cash-out methods either have exorbitant fees or suddenly face regulatory shutdowns, causing anxiety among users. But BinPay is different; you need to first buy USDT or USDC through an exchange to recharge your account balance before you can open a card and spend. The benefit of this design is that it is super secure and stable, not suddenly crashing due to changes in domestic policies. I have tried it myself, using platforms like OKX, Binance, Huobi, or Gate to buy USDT and withdraw to BinPay; the process was as smooth as drinking water. The BinPay official website is here: https://ucards.org/go/binpay, and if you're interested, you can click in to see the interface, which is quite simple.
BinPay's virtual cards come in two options: the Premium Card and the Diamond Card, both with no monthly or annual fees, and no transaction or cross-border fees, which is super friendly. The Premium Card has a card opening fee of $25, a recharge fee of 1.3%, and a withdrawal fee of 0.5%; the Diamond Card has a card opening fee of $50, a recharge fee of only 0.7%, and free withdrawals. There’s no gateway fee for single transactions over $50; if it's less, a fee of $0.3 per transaction applies, making the overall cost lower than you might expect. Compared to some other U cards, BinPay's fee structure is more transparent, without hidden costs that make you spend extra money unnecessarily. If you prefer a physical card, the card opening fee is $98, which includes a $1 bonus, and there’s no shipping fee, with a validity of 4 years and free renewal upon expiration. The recharge fee is only 1%, and ATM withdrawals are generally fee-free (though some ATMs may charge a fee), making it suitable for friends who travel abroad frequently.
How to use it? Super simple. First, go to the USDT purchase entry to buy coins, such as OKX USDT Purchase, Binance USDT Purchase, Huobi USDT Purchase, or Gate USDT Purchase, and choose an exchange you are familiar with. The USDT purchase tutorial is also simple: directly enter the page through the USDT Purchase Link, register and log in to your account, select the amount of USDT to buy, and then withdraw to the BinPay platform. The BinPay APP will guide you to convert USDT into USD, recharge it onto the card, and then you can use it. It supports global e-commerce platforms that accept Visa/MasterCard, such as Amazon, eBay, and subscription services like ChatGPT Plus, OpenAI, Netflix, and Spotify. You can also link it to mobile wallets like Apple Pay and Google Pay; the VISA card can even be linked to Alipay, making cross-border spending, international travel, or global shopping easy while reducing currency conversion fees. Imagine swiping your card abroad to buy things without worrying about unfavorable exchange rates and low fees—how great is that?
I particularly like the security of BinPay. Because it is operated by a licensed institution, it won't run away or get shut down like some shady platforms. The biggest fear for cryptocurrency users when cashing out is instability, and BinPay avoids many risks by using USDT for recharging. For example, last time I used it to pay for my Netflix subscription, it was deducted directly from the card, arriving instantly with no extra fees. Or I could buy an electronic product on eBay, just link it to Google Pay and swipe. With the physical card, withdrawing cash from ATMs while traveling is also convenient; although some machines may charge a fee, overall it's much cheaper than using a bank card.
However, BinPay is not without its flaws. If your spending amount is small, the gateway fee may slightly increase costs, but as long as a single transaction exceeds $50, it’s completely waived. Although there is a card opening fee, compared to the low transaction fees, it’s a profit in the long run. Friends in the cryptocurrency world, if you are still struggling with cash-out methods, why not give BinPay a try? It’s not only low-cost but also stable and reliable, suitable for people like us who deal with cryptocurrencies daily.
The BinPay virtual card is truly a great helper for cashing out in the cryptocurrency world, with low fees and high convenience, helping you seamlessly convert USDT into daily spending power. Want to learn more or get started directly? Click here BinPay, take action, and don’t let your coins sit idle in your wallet!