CoinsOnCards

    Issued by Quicko Sp. z o.o. — National Payment Institution license IP52/2021, supervised by the Polish Financial Supervision Authority (KNF)

    CEX.IO CardReview

    Custodial virtual Mastercard debit card for EEA residents spending directly from a CEX.IO wallet.

    2.5· Updated: Card launched May 2024
    Visit issuer
    Cashback
    Up to 0.00%
    Custody
    custodial
    KYC
    full
    Networks
    —
    Monthly fee
    Free
    Available in
    —

    The verdict

    Best for: CEX.IO users in the EEA wanting to spend crypto with no issuance fees.

    Skip if: You need a physical card, fixed cashback, or live outside the EEA.

    • Virtual-only card with Apple Pay and Google Pay support.
    • Limited to EEA residents with a €3,000 daily spending limit.
    Get the CEX.IO Card

    How it works

    Funding: Direct spending from CEX.IO exchange wallet · SEPA bank transfer

    Fees

    Monthly Fee€0.00
    Card Issuance€0.00
    ATM WithdrawalsTemporarily unavailable
    EUR Transactions0%
    Crypto ConversionNo explicit fee; spread varies with market conditions.
    Non-EUR Transactions1% currency conversion fee
    BankingSEPA: true · SEPA top-up available with €0.00 fee

    Custody & risk

    • If the issuer disappears
      If the provider disappears, users lose access to funds held on the platform.
    • Counterparty risk
      Custodial model means users lose access to funds if CEX.IO ceases operations
    • Regulatory risk
      Temporary service suspension in the UK to comply with new regulations
    • Regulatory risk
      Card operates in rapidly evolving regulatory landscape; future changes could impact functionality, limits, or availability

    All crypto is held in the user's CEX.IO exchange wallet. The platform controls the private keys.

    Protections

    • Two-factor authentication (2FA) required for account access
    • 3-D Secure authentication (OTP or push notifications) for online purchases
    • Real-time transaction monitoring in the CEX.IO app
    • Support for blocking/disabling the card
    • Push notifications for transactions and rewards
    • Biometric authentication support

    Limits

    notes
    Maximum 25 transactions per day
    atm daily
    Temporarily unavailable
    atm monthly
    Temporarily unavailable
    daily spending
    €3,000
    monthly spending
    €10,000

    The good

    • €0 issuance and monthly maintenance fees.
    • Spend from over 100+ supported cryptocurrencies.
    • Customizable priority for 4 crypto + 1 EUR wallet.
    • Supports contactless payments via Apple Pay and Google Pay.
    • Instant digital issuance via CEX.IO mobile app.
    • Issued under Polish NPI license IP52/2021.

    The catches

    • Unavailable outside of 30 EEA countries.
    • Daily spending limit of €3,000.

    Limitations

    • majorAvailable only to residents of EEA countries
    • moderateVirtual card only - no physical card option available
    • moderatePromotional cashback rewards rather than fixed cashback rates
    • moderateATM operations are temporarily unavailable
    • minorRelatively modest spending limits (€3,000 daily, €10,000 monthly)
    • minorVariable conversion costs (not disclosed as fixed percentage)
    • minorMaximum 25 transactions per day

    What users say

    App Store
    4.4/5.0 (12,713 ratings)
    Google Play
    4.2/5.0 (294,425 ratings)
    Trustpilot
    3.6/5.0 (23,332 ratings)

    Mixed - positive comments highlight easy-to-use interface, convenient crypto spending, zero-fee structure, and smooth Apple Pay/Google Pay integration. Negative feedback mentions slow verification processes, withdrawal/deposit delays, inconsistent customer service experiences, and occasional card declines.

    Rating breakdown

    Net reward
    2.0
    Custody risk
    2.0
    Availability
    2.0
    User experience
    4.2
    Features & convenience
    3.0

    See our methodology for how we score each axis.