BingX Brings Crypto Spending to the Masses with New Visa Debit Card

BingX, a leading cryptocurrency derivatives exchange, has launched its first Visa crypto debit card in partnership with Wirex. The new card allows over 40 million BingX users to spend digital assets at Visa merchants across more than 200 countries and territories worldwide.

The card is issued through Wirex's Banking-as-a-Service (BaaS) platform, which provides card issuance, stablecoin accounts, payment rails, and settlement services. This partnership allows BingX to expand its services beyond traditional crypto trading and provide practical financial solutions for its users.

BingX Head of Fiat Business Lucas L. stated that the company aims to bridge cryptocurrency management with everyday spending for global customers. The card offers automatic currency conversion during eligible international transactions, reducing friction when customers spend cryptocurrencies in different markets abroad.