Bit.Store Card
Bit.Store · Mastercard
Bit.Store Card is the Mastercard-powered crypto card from Bit.Store, a Web3 crypto-investing platform issued in Europe by Bitstore Europe UAB, a Lithuanian electronic money institution (EMI) no. 306465386. It is a prepaid/charge-as-you-go card that lets users spend their crypto balance (BTC, ETH, USDT and more) at 100+ million merchants across 150+ countries. The wallet is custodial: the platform holds the assets on behalf of the user. A virtual card is available which, per the sources, requires no KYC, while the physical card requires KYC but is reported to be discontinued. NOTE: registration and issuance are free but a monthly maintenance fee applies; the FX markup is not publicly disclosed (set to 0 pending confirmation) and cashback is 0 on the virtual card (sources cite a minor $STORE-token cashback on the physical card, but that physical card is being discontinued). The virtual card allows no ATM withdrawals (limit 0). Not available to U.S. residents.
Data & conditions
| Network | Mastercard |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| Free ATM limit | 0 (no ATM withdrawals on the virtual card) |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | — |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Light |
| Privacy | 4/10 |
| Supported countries | EEA, UK, APAC · 150+ countries |
| Estimated net annual cost | €0/year |
| Regulator | Bank of Lithuania (Lietuvos bankas) |
| Segment | B2C |
| MiCA / License status | EMI Lituania (Bitstore Europe UAB, n. 306465386) Bitstore Europe UAB is a Lithuanian electronic money institution (EMI) no. 306465386, authorised and supervised by the Bank of Lithuania under the EU EMI framework. |
Strengths
- No-KYC Mastercard virtual card, quick to activate and usable with Apple Pay and Google Pay
- Issued by a regulated Lithuanian EMI (Bitstore Europe UAB) with coverage in 150+ countries
- Spend directly from a crypto balance (BTC, ETH, USDT and more) at 100+ million merchants
- Light KYC: minimal identity verification.
Weaknesses
- Custodial wallet: assets are held by the platform with no private-key control for the user
- No cashback on the virtual card, a monthly maintenance fee and an undisclosed FX markup
- No physical card or ATM withdrawals (being discontinued); not available to U.S. residents
- Custodial: the platform holds your funds and can freeze or lose them.
- Subject to regulation (Bitstore Europe UAB is a Lithuanian electronic money institution (EMI) no. 306465386, authorised and supervised by the Bank of Lithuania under the EU EMI framework.): reporting to authorities and freezes on order.
Verdict
Card issued by a Lithuanian EMI (Bitstore Europe UAB) regulated by the Bank of Lithuania, but the wallet is custodial: the platform holds the crypto assets on behalf of the user. The legal protection is that of a regulated electronic money institution, yet the user does not control the private keys and fully depends on the issuer's solvency and custody.
Very low sovereignty: fully custodial wallet with no access to private keys, no KYC on the virtual card but assets held and managed by the platform. The user has neither self-custody nor direct control of funds, which can be frozen or restricted by the issuer.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Who issues the Bit.Store Card and is it regulated?
It is issued by Bitstore Europe UAB, a Lithuanian electronic money institution (EMI) no. 306465386, and is powered by Mastercard. The wallet is custodial: assets are held by the platform.
Does the Bit.Store Card offer cashback and require KYC?
The virtual card offers no cashback (0%) and, per the sources, requires no KYC; the physical card required KYC but is being discontinued. The FX markup is not publicly disclosed.
Sources
- thepaypers.com Regulator · Regulatory framework · Paesi num · Italia disponibile · +1 Data verified on Jun 23, 2026
- bitstore.com Azienda · Payment network · Regioni · Licenses & registrations · +1 Data verified on Jun 22, 2026
- cryptocardhub.com Payment network · Custodial · Issuer · Licenses & registrations · +3 Data verified on Jun 22, 2026
- todey.xyz Payment network · Custodial · Cashback · Fee emissione · +4 Data verified on Jun 22, 2026