OKX Card (EU)
No referral link here — we do not monetize a service we have not verified.
- This is an MiCA CASP - OKX Europe Limited, Malta Financial Services Authority, LEI 54930069NLWEIGLHXU42, authorised 27/01/2025 (ESMA interim MiCA CASP register), not a bank: funds are safeguarded, not covered by a €100k deposit guarantee.
Pros & Cons
Pros
- —
Cons
- Not a bank — no €100k deposit guarantee (funds safeguarded)
- No fully remote opening
Rating breakdown
Why this score
Good fit for
- you want cashback on card spend
May not fit if
- you need to hold USD
- you need crypto in or out
- you need a complete picture — 3 facts we treat as critical are still not disclosed
- you need a fully rated profile — this one is rated on 5 of 6 dimensions
This is an electronic money institution (EMI), not a bank. Funds are safeguarded, but NOT covered by the €100,000 deposit guarantee. Convenient, but legally it isn't a bank deposit.
- Licence
- MiCA CASP - OKX Europe Limited, Malta Financial Services Authority, LEI 54930069NLWEIGLHXU42, authorised 27/01/2025 (ESMA interim MiCA CASP register) · null
Editorial review
Data reviewed by Ilya ChernetskiyFounder and editor, nomonedaUpdated: 2026-10-20
OKX Card (EU) runs on an MiCA CASP - OKX Europe Limited, Malta Financial Services Authority, LEI 54930069NLWEIGLHXU42, authorised 27/01/2025 (ESMA interim MiCA CASP register) licence: convenient, but your money is safeguarded rather than covered by the €100k deposit guarantee.
It is a crypto fintech licensed in null supporting the local currency. FX model: Stablecoin (USDC/USDG) converted to EUR at purchase; 0.1% market spread, no FX fee from OKX.
It tends to suit crypto-cashback.
Fees & terms
- Exchange rate
- Stablecoin (USDC/USDG) converted to EUR at purchase; 0.1% market spread, no FX fee from OKX
- Card cost
- None from OKX; virtual card only, no physical card issued
- Local-currency withdrawal
- Not disclosed
- USD withdrawal
- Not disclosed
- Withdrawal fees
- Not disclosed
- Limits
- Not disclosed
- USD yield
- Not disclosed
- Cashback
- Only on USDG purchases, credited in USDG to Pay account; USDC earns none. Non-VIP 2%, VIP1 4%, VIP2 4.5%, VIP3 5%, VIP4+ 10%; excluded MCCs (money transfer, pawn, cash/ATM etc.); refunds clawed back; rates effective 1 Sep 2026
- Licence
- MiCA CASP - OKX Europe Limited, Malta Financial Services Authority, LEI 54930069NLWEIGLHXU42, authorised 27/01/2025 (ESMA interim MiCA CASP register) — null
- SEPA Instant
- No
- Verification of Payee (VoP)
- No
- FX model
- Stablecoin (USDC/USDG) converted to EUR at purchase; 0.1% market spread, no FX fee from OKX
- Opening requirements
- full - verified OKX account (ID document and proof of address) required under MiCAR and AMLD
- English support
- No
- Remote opening
- No
- Headquarters
- Malta
What to know before you move money
Elevated exposure — At least one thing here would change a reasonable person’s mind.
- CriticalThis is an MiCA CASP - OKX Europe Limited, Malta Financial Services Authority, LEI 54930069NLWEIGLHXU42, authorised 27/01/2025 (ESMA interim MiCA CASP register), not a bank: funds are safeguarded, not covered by a €100k deposit guarantee.
Read from: eu.license_type, eu.dgs_covered
- MediumDocumented too thinly to score (candidate).
Read from: maturity_level
Recent updates
- 2026-10-20checked9 facts about OKX Card (EU) re-checked against their sources
3 similar services
Chosen by overlap in what people use them for, not by category — the services that would land in the same shortlist as this one.
User reviews
User score
No reviews yet.
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FAQ
- Is my money protected?
- No. OKX Card (EU) operates under an MiCA CASP - OKX Europe Limited, Malta Financial Services Authority, LEI 54930069NLWEIGLHXU42, authorised 27/01/2025 (ESMA interim MiCA CASP register) licence — funds are safeguarded but NOT covered by a €100k Deposit Guarantee Scheme. It is not a bank in the deposit-protection sense.
- What IBAN and transfers?
- OKX Card (EU) issues a IBAN. SEPA Instant: no.
- Can I open remotely, in English?
- Opening may need a branch visit or local docs. Support is mainly local-language. Requirements: full - verified OKX account (ID document and proof of address) required under MiCAR and AMLD.
Data provenance & verification
Every fact is checked against an official source and stamped with a date. We re-check fees quarterly and document requirements twice a year. Fields not yet independently verified are labelled honestly.
We know this service exists, but a fact we consider critical is still missing — so it is not listed, scored or recommended.
Still needed
- Collect a critical field: currencies
- Collect a critical field: transfer_rails
- Collect a critical field: card_types