Mastercard and Binance Partnership Offers European Customers Faster Access to Crypto Funds in Euros

Binance Launches Instant Euro Withdrawals To Mastercard Across Europe

Binance has introduced a new feature allowing customers in the European Economic Area and the United Kingdom to move cryptocurrency proceeds directly to a Mastercard-linked account in near real time.

The update, powered by Mastercard Move, is designed to make euro withdrawals faster and simpler for everyday users.

The service offers two functions.

“Sell to Card” lets users convert their chosen cryptocurrency into euros and transfer the funds straight to a Mastercard, while “Withdraw to Card” moves an existing euro balance from Binance directly to the card.

Settlement times depend on the recipient bank, but Binance says most transactions will process almost instantly.

Streamlining The Off-Ramp Process

The feature is available on both the Binance app and website.

Users select the option to sell or withdraw, choose “Card” as the payment method, link an eligible Mastercard, pass basic security checks and confirm the transfer.

Thomas Gregory, Vice President of Fiat at Binance, said,

“The new Sell to Card and Withdraw to Card features streamline and enhance the user experience, making payouts of crypto proceeds simpler and faster than ever for our users.”

Previously, converting crypto to fiat often involved bank transfers or third-party services, which could take several days.

By integrating with Mastercard Move, Binance aims to offer a process that feels as seamless as any traditional payment app.

Mastercard Partnership Expands Reach

Scott Abrahams, Executive Vice President of Global Partnerships at Mastercard, described the collaboration as “an enhanced payout experience” for Binance customers in Europe.

“Through our global partnership with Binance, we are thrilled to bring an enhanced payout experience to Binance users across Europe, enabled through Mastercard Move.”

Both companies view the integration as a step toward making digital assets more practical for day-to-day spending.

At launch, the feature supports only euro transactions, though Binance plans to include more fiat currencies in future updates.

Mastercard remains the sole supported network, with no confirmation yet on whether Visa or others will be added.

Balancing Convenience And Compliance

The rollout comes as crypto-to-fiat conversions continue to face differing regulatory standards across countries.

Binance says the initiative complements its existing bank transfer options while maintaining compliance with local rules.

The company has indicated that similar services could be introduced in other regions, provided regulatory conditions allow.

By enabling direct-to-card payouts, Binance is giving users faster access to their funds, whether for personal expenses, reinvestment, or holding in traditional currency, while continuing to strengthen links between the crypto economy and mainstream finance.