OKX debuts OKX Card in Europe with zero fees and instant rewards

OKX, a global crypto platform, today announced the European launch of the OKX Card, enabling direct stablecoin payments at Mastercard merchants with zero transaction or foreign exchange fees.

The card allows users to maintain self-custody of stablecoins until the moment of purchase, when assets convert automatically at checkout with a 0.4% market spread. Users can earn up to 20% back in crypto on eligible purchases during a limited promotional period.

“With OKX Card, we’re making it simple for anyone in Europe to use crypto for real-world purchases – instantly, securely, and transparently,” said Erald Ghoos, CEO of OKX Europe. “Crypto was originally conceived as a means of payment, and with OKX Card, our users can turn this vision into reality.”

The card supports tap-to-pay through Apple Pay and Google Pay. VIP users will receive up to 20% rewards for 30 days, while regular users can earn up to 15% during the same period.

“Stablecoins bring more choice to users, and by partnering with OKX, Mastercard is helping bring them into the financial mainstream with trust, scale, and utility,” said Christian Rau, Senior Vice President of Global Digital Commercialization at Mastercard.

OKX Card is issued through a licensed European payments partner and operates within the European Economic Area under AML and KYC standards. OKX said it is pursuing additional payments licensing as part of its compliance strategy in Europe.