The spokesperson adds that this timeline provides cardholders with a “wind-down period” to convert holdings in their Binance wallets, and that there is “no impact” on any other crypto programme.
Binance’s customer support team wrote on X last week: “The product, like most debit cards, has been utilised by Binance’s users to pay for basic daily expenses but in this case, the cards are funded with crypto assets.
“Only a tiny portion of our users (less than 1% of users in the markets mentioned) are impacted by this. Users of this product will have until September 21, 2023, when the card will no longer be available for use.”
