Last Updated: Nov 3, 2022

Is The Binance Card Available In Canada?

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👉 Unfortunately, the Binance Card is not available in Canada. Canadians cannot apply because it's only eligible in 30+ countries. However, other crypto cards in Canada, like the Shakepay Card, let you earn 1-2% Bitcoin cash back. 

You can find the Binance Card official countries list here.

When Is The Binance Card Coming To Canada?

Binance has not mentioned whether or not they will bring the card to Canada. The crypto exchange is also not available in Ontario but they have plans to come back in 2024.

Who Is Eligible For The Binance Card?

Currently, the Binance Card is only available in Columbia, Brazil, Bahrain, Argentina, and the EEA (30+ countries).

The EEA countries include: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

What Is The Binance Crypto Card?

The Binance Card is a Visa debit card that lets you spend your cryptocurrencies anywhere Visa is accepted. The card has no annual fees and lets you earn 0.1% to 8% BNB cash back based on your average monthly BNB balance.

Currently, you can spend 14 altcoins using the card which include: ADA, AVAX, BNB, BTC, BUSD, DOT, ETH, LAZIO, PORTO, SANTOS, SHIB, SXP, USDT, and XRP.

Binance Card Dashboard

Binance Card Best Features

  • Up to 8% BNB Cash Back. There are 7 levels of cash back based on your monthly average BNB balance. If you hold 0 BNB, you earn only 0.1% cash back. At level 2, you need to hold 1 BNB to get 2% cash back.
  • No Fees. Card users get zero annual fees, zero foreign transaction fees, and free ATM withdrawals. Binance says there are no administrative fees, only third-party fees will be applicable.
  • SAFU Insurance. Binance SAFU is the "secure asset fund for users." It's an emergency insurance fund that pools money from trading fees which has been valued at over $1 billion near its peak. It makes Binance one of the safest crypto exchanges in the world. You can see the wallet balances here and here.
  • Spend Your Cryptocurrencies. Binance lets you spend 14 altcoins at the moment including: ADA, AVAX, BNB, BTC, BUSD, DOT, ETH, LAZIO, PORTO, SANTOS, SHIB, SXP, USDT, and XRP.
Binance Visa Card

Best Binance Card Alternatives

The Binance Card is not in Canada, but luckily, there are some great Canadian crypto cards that you earn Bitcoin or crypto cash back on every purchase you make. Here are the best ones.

1. Shakepay Card

Shakepay Visa Card
  • Spend CAD to earn 1-2% unlimited BTC cash back
  • Virtual card (use with Apple Pay or Google Pay)
  • More ways to earn BTC: Shaking Sats, 4% APR on CAD balances, and more
  • No annual fees and no credit checks

The Shakepay Card is Canada's best Bitcoin card since it's free, pays you 1-2% BTC cash back, and pays you every 24-48 hours. Like all cards on this list, it's a prepaid Visa and lets you to spend fiat (CAD) in order to earn cryptocurrency cash back, in this case, Bitcoin. 

2. Netcoins Pay

Netcoins Pay Visa Card
  • Spend CAD to earn 3% BTC cash back for first 90 days (then 1%) 
  • Virtual and physical prepaid visa card
  • Payouts every 30 days
  • No annual fees and no credit checks

The Netcoins Visa also pays you Bitcoin cash back for Canadian dollar purchases. It has the best promo of 3% BTC cash back for the first 90 days then 1% afterwards. It's a prepaid Visa, has no annual fees, but unlike the Shakepay card, payouts only happen once per month.

3. Crypto.com Visas

Crypto.com 2 Ruby Steel Card
  • 1-5% cash back paid in CRO, but you need to stake minimum $500 of CRO
  • Payments within 36 hours
  • Virtual and physical card
  • Other benefits like free Spotify, Netflix, airport lounge access, and more

Crypto.com has the world's most popular crypto cards and Canadians are eligible to get them. The Crypto.com Visas offer the best perks and rewards but they require you to stake $500-$500,000 worth of CRO for 6 months to be eligible for cash back and rewards. So, it's only worth it if you're bullish on the Cronos token long term and want to earn CRO as cash back.

Other Canadian Crypto Cards

We found 9 crypto credit cards eligible in Canada that we are tracking. You can compare all of them below:

Name

Cash Back Rate

Cash Back Form

Annual Fee

Payout Frequency

Website

1%

BTC

Free

24-48hrs

50 Sats

BTC

Free

Once a month

Netcoins Pay Visa Card

Netcoins Pay(#1 overall)

1%

BTC

Free

Once a month

5%

CRO

Stake $500k for 6mos

36 hours

3%

CRO

Stake $50k for 6mos

36 hours

2%

CRO

Stake $5k for 6mos

36 hours

1%

CRO

Stake $500 for 6mos

36 hours

0%

CRO

Free

36 hours

1%

Crypto, stocks or cash

Free

7-9 days

Summary

The Binance Card is not in Canada but we'll be watching to see if it comes to the great white north and will update this post when it does. Luckily, Canada does have several crypto cards that you can start using. If you're looking to earn free Bitcoin or crypto cash back, check out the recommendations and comparison tool mentioned above.


FAQ

🌐 What Countries Is The Binance Card Available In?

Currently, the Binance Card is only available in the EEA (30+ countries), Columbia, Brazil, Bahrain, and Argentina.

🇨🇦 What Are The Best Binance Card Alternatives In Canada?

The Shakepay Card is Canada's best Bitcoin card since it's free, has 1-2% cash back, and pays you in 24-48 hours. The best altcoin card would be one of the Crypto.com Visas since you'll get 1-5% CRO cash back if you stake CRO fro 6 months.

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