Today marks the end of one very useful feature - the Binance Visa prepaid crypto card that was available worldwide.
There may be short-term drop of the price of BNB as holding certain amount of BNB was a requirement for their cash back levels and some frustrated users could sell their BNB held for this purpose until now.
This is not a financial advice!
1 BNB for more than 30 days was 2% cashback, 10 BNB was 3% cashback.
No alternative prepaid crypto is provided by Binance for the moment, so all that feels like another victory for the banking system.
Image by Mohamed Hassan from Pixabay