Mexc Card
MastercardcustodialKYC: required
No rating
The MEXC Card is a virtual prepaid Mastercard for MEXC exchange users in 29 European countries, enabling crypto holders to spend Bitcoin, Ethereum, or Tether online. It allows direct top-up from MEXC crypto balances and supports online payments at Mastercard-accepting merchants.
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Slug: mexc-card
Our Verdict
MEXC Exchange users who already actively trade on the platform, European crypto holders who need a simple way to spend cryptocurrency for online purchases, and fee-conscious users who prioritize straightforward fee structures over cashback rewards.
Pros and cons
Pros
- No issuance or inactivity fees
- Straightforward 1% top-up fee
- Seamless integration with MEXC exchange platform
- 3D Secure protection for enhanced security
- Real-time transaction alerts
- Relatively high maximum card balance (100,000 USDT)
- Point-of-transaction conversion from crypto wallet
Cons
- Virtual card only (no physical card currently deployed)
- Supported cryptocurrencies not explicitly specified in official documentation
- No cashback rewards program
- No Apple Pay or Google Pay integration
- Limited to 29 European countries only
- 2% transaction fee for purchases outside EEA (minimum €0.60 per transaction)
- €1.00 monthly fee (though waived if insufficient balance)
- Currently restricted to selected inner test users only
Supported chains
BitcoinEthereum
Supported cryptos
USDT
Fees
Monthly: €1.00 (accumulates if insufficient balance; deducted when balance is sufficient)
Issuance: Free
Purchase Transaction: 0% for transactions within European Economic Area
Key Features
- Virtual-only prepaid Mastercard for online purchases
- Direct integration with MEXC exchange accounts
- 3D Secure (3DS) technology for transaction protection
- 1% top-up fee when loading the card
- Real-time transaction alerts on smartphone
- Point-of-transaction conversion from crypto wallet
- No issuance or inactivity fees
- Relatively high monthly spending limit of 30,000 USDT
Limitations
- Virtual card only (no physical card option currently deployed)
- No ATM access
- No cashback rewards program
- No Apple Pay or Google Pay integration
- Limited to 29 European countries
- €1.00 monthly fee (though waived if insufficient balance)
- Currently restricted to selected inner test users only
- Supported cryptocurrencies not explicitly specified in official documentation
- 2% transaction fee for purchases outside EEA (minimum €0.60 per transaction)
Risks
- CounterpartyPlatform (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.
- RegulatoryAny account issues on the exchange side could potentially impact card availability or functionality
Rewards & Cashback
Notes: No cashback program, no staking benefits, no referral bonuses
Cashback Rate: None
Interest On Balance: No interest is paid on card balances
Spending Limits
Notes: Maximum card balance: 100,000 USDT
Daily Spending: €3,000
Per Transaction: €3,000 (≈3,000 USDT)
Monthly Spending: 30,000 USDT
Top-Up Methods
Crypto from MEXC CO-BRANDER Wallet
Security Features
Features: 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
Mobile Wallet Support
iOSAndroidNo mobile wallet support
Best For
MEXC Exchange users who already actively trade on the platform, European crypto holders who need a simple way to spend cryptocurrency for online purchases, and fee-conscious users who prioritize straightforward fee structures over cashback rewards.
Custody Model
custodialPlatform (MEXC) holds all crypto in the CO-BRANDER Wallet; users do not control private keys. Crypto is converted to fiat at point of transaction, debited from exchange wallet.
Risk: If MEXC or provider disappears, users lose access to funds held for card use.
Card Issuer & Compliance
Issuer Name: Paytend Europe UAB (Lithuania)
Kyc Required: true
Issuer License: Electronic Money Institution (EMI) regulated by Bank of Lithuania, Authorization Code: LB000480
Platform Licenses: Paytend Europe UAB - EMI regulated by Bank of Lithuania (Authorization Code: LB000480),MEXC Estonia OÜ - Co-branding partner (Registry Number: 14832615, Tallinn, Estonia)
Availability
Available in 29 eligible European countries; EUR billing. Restricted in 9 countries including US, Canada, China, Singapore, and sanctioned nations.
Card Tiers
MEXC Virtual Card (Only Tier)
Virtual onlyVirtual only
Advanced KYC verification (passport and personal photo); KYC must be completed at least 14 days prior to application; at least one prior bank-card or SEPA purchase on MEXC
Fees
Issuance: Free
Top-up: 1%
Monthly: €1.00 (accumulates if insufficient balance; deducted when balance is sufficient)
Monthly Limit: 30,000 USDT
Mastercard
Cashback: None
3D Secure (3DS) technology for transaction protectionReal-time transaction alerts on smartphoneDirect integration with MEXC exchange accounts
Card BIN Numbers
55547488MastercardPaytend Europe UAB(Europe)Roadmap & Updates
Planned Features:
- Physical cards (contemplated in October 2025 Terms and Conditions)
- Contactless payments (contemplated in Terms)
- ATM withdrawals (contemplated in Terms)
Recent Updates:
- Currently restricted to selected inner test users only (as of July 2025)
Conclusion
The MEXC Mastercard offers a straightforward solution for European cryptocurrency users seeking to spend their digital assets online. Its primary value proposition is simplicity – providing direct connection to the MEXC exchange platform with a transparent fee structure and point-of-transaction conversion from a crypto wallet. However, the card's limitations are significant. Being virtual-only prevents in-store use or ATM withdrawals in the current deployment, while the lack of mobile wallet integration further restricts its versatility. The absence of any cashback or rewards program puts it at a disadvantage compared to competing crypto cards that offer such incentives. Most notably, the current restriction to 'selected inner test users' (as of July 2025) severely limits accessibility for the general public.
Card launched: December 27, 2022
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