CoinsOnCards

    Issued by Paytend Europe UAB (Lithuania) — Electronic Money Institution (EMI) regulated by Bank of Lithuania, Authorization Code: LB000480

    Mexc CardReview

    A custodial, virtual prepaid Mastercard for MEXC users in 29 European countries.

    · Updated: Currently restricted to selected inner test users only (as of July 2025)
    Visit issuer
    Cashback
    Up to 0.00%
    Custody
    custodial
    KYC
    full
    Networks
    —
    Monthly fee
    $1
    Available in
    —

    The verdict

    Best for: Existing MEXC users in 29 European countries needing a simple online spending card.

    Skip if: You need a physical card, mobile wallet support like Apple Pay, or cashback rewards.

    • No issuance fee, but a 1% top-up fee and €1.00 monthly fee apply.
    • Offers no cashback, no Apple Pay, and no Google Pay integration.
    • Virtual card only, limited to 29 EU countries and select test users.
    Get the Mexc Card

    How it works

    • The MEXC Card is a virtual-only Mastercard with a 3-year validity, integrated directly with the MEXC exchange for management and funding. It supports 3D Secure for online purchases and provides real-time transaction alerts. Spending is limited to €3,000 per day, with a monthly limit of 30,000 USDT and a maximum card balance of 100,000 USDT. It does not support mobile wallets like Apple Pay or Google Pay.

    Funding: Crypto from MEXC CO-BRANDER Wallet

    Custody & risk

    • If the issuer disappears
      If the MEXC exchange or its card-issuing partner fails, users could lose access to the funds held in the wallet for card spending.
    • Counterparty risk
      Platform (MEXC) holds all crypto in the CO-BRANDER Wallet; users do not control private keys. If MEXC or provider disappears, users lose access to funds held for card use.
    • Regulatory risk
      Any account issues on the exchange side could potentially impact card availability or functionality

    Funds are held in a custodial CO-BRANDER Wallet on the MEXC exchange platform. Users do not control the private keys. Crypto assets are converted to fiat at the point of transaction, with funds debited directly from the exchange wallet.

    Protections

    • 3D Secure (3DS) technology for online transactions
    • Real-time transaction alerts for all card activities
    • Secure management through protected MEXC account
    • Two-Factor Authentication via Google Authenticator or SMS codes

    Limits

    notes
    Maximum card balance: 100,000 USDT
    daily spending
    €3,000
    per transaction
    €3,000 (≈3,000 USDT)
    monthly spending
    30,000 USDT

    The good

    • 1% top-up fee.
    • 3D Secure for online transactions.
    • Max card balance of 100,000 USDT.

    The catches

    • Virtual card only, no physical option.
    • No Apple Pay or Google Pay support.
    • Limited to 29 European countries.
    • 2% fee on non-EEA transactions.
    • €1.00 monthly fee.

    Limitations

    • majorVirtual card only (no physical card option currently deployed)
    • majorNo ATM access
    • majorCurrently restricted to selected inner test users only
    • moderateNo cashback rewards program
    • moderateNo Apple Pay or Google Pay integration
    • moderateLimited to 29 European countries
    • moderateSupported cryptocurrencies not explicitly specified in official documentation
    • moderate2% transaction fee for purchases outside EEA (minimum €0.60 per transaction)
    • minor€1.00 monthly fee (though waived if insufficient balance)