Coin98 Fusion Card
Coin98 · Visa
Coin98 Fusion Card is a non-custodial Visa card launched by Coin98 in partnership with DeCard (DCS Card Centre), a MAS-regulated card issuer in Singapore, letting users spend digital assets and stablecoins directly from the Coin98 Super Wallet at 150M+ Visa-accepting merchants with no manual conversion steps or OTC fees. The card launches first in APAC and is available as a virtual card with Apple Pay and Google Pay support. It charges a 1% fee on every top-up and a one-time US$9 issuance fee (waived for the first 2,000 users who activate the card); there is no annual fee and no cashback on the base tier. ATM withdrawals cost 1% or SGD 5 (whichever is greater), with limits of SGD 10,000/day and SGD 100,000/month. The FX markup is not publicly documented and is set to 0 here pending official confirmation. Onboarding requires full KYC and the card supports multiple chains (Ethereum, Solana, Polygon and others).
Data & conditions
| Network | Visa |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | €9 |
| Annual fee | Free |
| Free ATM limit | 1% of withdrawal or SGD 5 (whichever is greater); ATM limits SGD 10,000/day and SGD 100,000/month |
| ATM withdrawal | 1% |
| FX markup | 0% |
| Cashback | — |
| Chains | Ethereum, Solana, Polygon |
| On-chain settlement | No |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 4/10 |
| Supported countries | APAC |
| Funding / solidity | Coin98 è un ecosistema DeFi e Super Wallet con base utenti globale, fondato da Thanh Le. La Fusion Card è emessa in partnership con DCS Card Centre Pte. Ltd. (DeCard), emittente di carte con sede a Singapore regolato dalla MAS. |
| Estimated net annual cost | €0/year |
| Regulator | MAS (Monetary Authority of Singapore) |
| Segment | B2C |
| Funding / solidity | Coin98 is a DeFi ecosystem and Super Wallet with a global user base, founded by Thanh Le. The Fusion Card is issued in partnership with DCS Card Centre Pte. Ltd. (DeCard), a Singapore-based card issuer regulated by the MAS. |
| MiCA / License status | Emessa via DeCard / DCS Card Centre, emittente di carte regolato dalla MAS a SingaporeCircuito Visa Card issued via DeCard / DCS Card Centre Pte. Ltd., a card issuer regulated by the MAS in Singapore, on the Visa network. |
Strengths
- Non-custodial model: spend assets directly from the Coin98 Super Wallet without giving up custody
- Strong regulatory framing: issued via DeCard/DCS, a MAS-regulated issuer, on the Visa network with 150M+ merchants
- Virtual card with Apple Pay and Google Pay, no annual fee on the base tier
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- 1% fee on every top-up, which adds up with frequent reloads
- Available only in APAC and with mandatory full KYC
- No cashback on the base tier and an undocumented FX markup
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Card issued via DeCard / DCS Card Centre Pte. Ltd., a card issuer regulated by the MAS in Singapore, on the Visa network.): reporting to authorities and freezes on order.
Verdict
Solid regulatory framing on the issuer side: the card is issued via DeCard/DCS Card Centre, a MAS-regulated issuer in Singapore, on the Visa network. Protection for a European user is limited, however: availability is APAC-only, there is no OAM registration in Italy, and the FX markup is not publicly documented.
Non-custodial model: the user spends assets directly from the Coin98 Super Wallet while keeping custody, a strong point for sovereignty. Constraints remain, though: mandatory full KYC and reliance on the Visa network and the regulated issuer for settlement.
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 Coin98 Fusion Card custodial or self-custody?
It is non-custodial: you spend digital assets directly from the Coin98 Super Wallet, which you keep custody of, while the card runs on the Visa network through the regulated issuer DeCard/DCS.
How much are the top-up and issuance fees?
There is a 1% fee on every top-up and a one-time US$9 issuance fee, waived for the first 2,000 users who activate the card; there is no annual fee.
Sources
- technode.global Regolatore MAS · Azienda info (Coin98 / DCS Card Centre · Fondatore Thanh Le) · Disponibilita APAC · +3 Data verified on Jun 23, 2026
- blog.coin98.com Issuance fee · Non-custodial · APAC launch · Coin98 Super Wallet Data verified on Jun 22, 2026
- fintechnews.sg Azienda emittente · Network Visa · Regolatore MAS · Regione APAC · +1 Data verified on Jun 22, 2026
- todey.xyz Top-up fee · Atm fee · Atm limit · Virtual card · +5 Data verified on Jun 22, 2026