What is the OKX Card?

Published on Oct 28, 2026Updated on Oct 30, 20262 min read
This information may not apply to all customers
Log in to check if the products, features, rules, and terms in this article apply to you.

What is the OKX Card?

The OKX Card is a virtual Mastercard charge card which is issued by Webbank, designed for OKX users who hold stablecoins and want to spend against their crypto without having to sell it. Your stablecoins stay in your account as collateral while you spend. Depending on your repayment method, you may be able to hold your crypto and pay in USD instead.

Is this a debit card or a credit card?

It is a secured charge card — meaning your stablecoin balance acts as collateral backing your spending. As a charge card, your full statement balance is due with each billing cycle rather than carried forward.

Is there a physical card?

No. The OKX Card is virtual-only at launch. You can add it to Apple Pay or Google Pay for in-store and online purchases.

What's OKX Pay and how does it work with the OKX Card?

OKX Pay is a digital dollar account built into the OKX app. Your US OKX Card is linked to your Pay account, where supported stablecoins—USDC, USDT, and USDG—are held as collateral for card purchases.

When a purchase is authorized, the required stablecoins are reserved in Pay as collateral.

You need an active Pay account to use the card. Your Pay Wallet is provided by OKX, while your US OKX Card is issued by WebBank.

Which stablecoins can I use?

You need a balance of USDC, USDT, or USDG in your OKX Pay account and must authorize the supported stablecoins for card use.

What interest and fees apply?

The OKX Card charges 0% interest and carries no APR. Because the OKX Card is a charge card rather than a revolving credit card, interest does not accrue on your balance.

There are no annual, purchase, foreign transaction, late payment, or returned payment fees in the Cardholder Agreement.

Where can I use the card?

You can use the OKX Card for eligible purchases at merchants that accept Mastercard contactless (tap to pay), subject to sufficient available credit, purchase restrictions and security checks. It is a virtual card, so it is compatible with Apple Pay and Google Pay for contactless purchases in stores and for online checkout. ATM withdrawals, cash advances and cash equivalents are not supported.

OKX Card in the U.S. is issued by WebBank, a Utah State-Chartered Bank, Salt Lake City, Utah.

Disclaimer

Digital Assets subject to volatility and not insured. Not financial/investment advice. Not all products and services offered in all regions. Exclusions and T&Cs apply.
This content may cover products that are not available in your region. It is not (i) investment advice or recommendations; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve high risk, can fluctuate greatly, and are not FDIC insured. You should consider whether trading or holding crypto/digital assets is suitable for you and consult your advisors for questions about your circumstances. While reasonable care has been taken in preparing informational data and graphs, no responsibility or liability is accepted for any errors or omissions.
Certain cryptocurrencies, services, and products are not available to users located in the United States and may be restricted depending on the state in which you reside. See OKX's US Risk & Compliance Disclosures for more information. OKX INC. ("OKX US") operates under the OKX brand and is a federally registered money service business and a state licensed money transmitter (NMLS ID: 1767779). Users of OKX US are subject to the restrictions and terms contained in the U.S. Terms of Service. Foreign entities affiliated with OKX US use the OKX brand to offer services and products to non-US users. US users are expressly prohibited from accessing any of those foreign products and services.