Is OKX Card (Europe) Safe?

OKX Card (Europe) scores 74/100 on our safety check. Each factor below links to its source.

Safety score

74/100

Good

Keep only what you plan to spend on the card. Stablecoins remove price risk while funds wait. Spreading funds across two providers limits the damage if one freezes.

Licensing15/25

Holds a licence or registration outside the tier-one list (MiCA crypto-asset service provider licence from the Malta Financial Services Authority (OKX Europe Limited); OKX says the card itself is not a MiCA-licensed product). Source

Custody10/10

You hold the keys until the moment you spend. Source

Fund segregation20/20

The issuer states that customer funds are held separately from company funds. Source

Proof of reserves10/10

Published within the last 90 days (2026-07-30). Source

Incident history4/20

2025-02-24: Aux Cayes FinTech Co. Ltd., an OKX operator, pleaded guilty in the US to operating an unlicensed money transmitting business and agreed to pay more than $504 million. 2025-04-03: Malta's Financial Intelligence Analysis Unit fined OKX's European entity €1.1 million for anti-money laundering failures in 2023. Source

Terms and fee transparency10/10

A complete fee schedule is public. Source

Card network5/5

Runs on Mastercard. Source

Read more

OKX Card (Europe) fees, limits and cashback · Compare OKX Card (Europe) costs · How the score works

Sources

  1. OKX Card (Europe): fees · checked September 24, 2026
  2. OKX Card (Europe): availability · checked September 24, 2026
  3. OKX Card (Europe): cashback · checked September 24, 2026
  4. OKX Card (Europe): safety · checked September 24, 2026