CoinW Card
CoinW · Visa
CoinW Card is the crypto debit card from the CoinW exchange, on the Visa network. It is funded with USDT from your CoinW account, auto-converted to fiat (USD) at payment. Available virtual (instant) and physical, accepted at 50M+ merchants across 176 countries, with Apple/Google/Samsung Pay. It is custodial: funds stay in the CoinW account. No recurring cashback and 0% FX markup, but a 2% ATM fee and KYC required.
Data & conditions
| Network | Visa |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | €50 |
| Annual fee | Free |
| Free ATM limit | $2,000 |
| ATM withdrawal | 2% |
| FX markup | 0% |
| Cashback | — |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | EEA, APAC, LATAM, MENA · 176+ countries |
| Estimated net annual cost | €0/year |
| Segment | B2C |
Strengths
- No FX markup (0%) on international purchases
- Free, instant virtual card with Apple/Google/Samsung Pay
- Wide acceptance (50M+ merchants, 176 countries); no annual fee
- No notable sovereignty advantage documented.
Weaknesses
- Custodial: funds stay on the CoinW exchange
- No recurring cashback on purchases
- 2% ATM fee and an issuance fee for the physical card; USDT-only top-up and mandatory KYC
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Custodial card from a Seychelles-licensed exchange: funds stay in the CoinW account, exposed to the exchange's counterparty risk and full KYC. Limited protection, no deposit guarantee.
Low sovereignty score: custodial, mandatory KYC, USDT-only top-up and funds controlled by the exchange. The user does not hold their own keys.
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
Is the CoinW Card Visa or Mastercard?
Per the official site and company communications it is a Visa debit card, usable anywhere Visa is accepted.
Which crypto funds it?
USDT held in your CoinW account (30 USDT minimum), auto-converted to fiat at payment.
Sources
- Official service page Payment network · Virtual · Paesi num Data verified on Jun 22, 2026
- coinwofficial.medium.com Payment network · Paesi num · Asset · Fees Data verified on Jun 22, 2026
- todey.xyz Fees · Fx · Cashback · Atm · +3 Data verified on Jun 22, 2026