BloFin Card
BloFin · Mastercard
The BloFin Card is a virtual, euro-denominated Mastercard launched by crypto derivatives exchange BloFin, available only to EEA residents (verified with an EEA ID card or passport) and currently limited to VIP users. It is funded by transferring USDT from the BloFin account, which is converted to euros: funds therefore remain inside the exchange account (effectively a custodial product). 0% FX on EUR spending within the EEA and 2% on non-EEA transactions. Instant virtual card issuance upon approval, with 3D Secure protection and card freeze/reinstate. No recurring cashback. The issuance/application fee is deducted from the Funding account but the amount is not publicly documented. ATM access and annual fee are not documented and are omitted.
Data & conditions
| Network | Mastercard |
|---|---|
| Fund custody | Custodial (platform holds funds) |
| Issuance fee | Free |
| Annual fee | Free |
| ATM withdrawal | Free |
| FX markup | 0% |
| Cashback | Not disclosed |
| Contactless | No |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 2/10 |
| Supported countries | EEA |
| Estimated net annual cost | €0/year |
| Regulator | Nessuno (exchange offshore alle Isole Cayman, privo di licenze nei principali ordinamenti) |
| Segment | B2C |
| MiCA / License status | BloFin holds no licences from major regulators and should be treated as offshore/unregulated; the card is available to EEA residents verified with an EEA ID document. |
Strengths
- 0% FX on EUR spending within the EEA
- Instantly issued virtual card with 3D Secure and freeze/reinstate
- Simple USDT top-up from the BloFin account
- No notable sovereignty advantage documented.
Weaknesses
- EEA-only and limited to VIP users, with mandatory KYC
- Custodial: funds run through and stay in the exchange account; no cashback
- Issuance fee not publicly documented; ATM and annual fee undisclosed; Cayman-based exchange with limited regulatory transparency
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (BloFin holds no licences from major regulators and should be treated as offshore/unregulated; the card is available to EEA residents verified with an EEA ID document.): reporting to authorities and freezes on order.
Verdict
Weak protection: BloFin is a Cayman-based exchange with no licences in major jurisdictions and the card is effectively custodial (funds stay in the exchange account), so there is no EMI/EU-bank-style depositor protection.
Low sovereignty: a fully custodial product with mandatory KYC, funds must run through and stay in the exchange account; no self-custody of 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.
Reputation
What happened to people who used BloFin Card, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
No known incidentSearch across public sources: no known hack, withdrawal freeze or regulatory action as of the verification date.
verified on
Public reviews
-
Google Play ↗
4.4/5
2,741 reviews
From the page's structured data (ratingValue 4.357, ratingCount 2741); the visible label may show a different rounding. Reviews cover the exchange app as a whole, not the card alone.
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App Store ↗
4.7/5
1,426 reviews
"BloFin: Trade Crypto & Bitcoin" app (id 1616804346), exact figure from the iTunes Lookup API, US storefront. Reviews cover the exchange app as a whole, not the card alone.
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Trustpilot ↗
1.7/5
115 reviews
Profile of the BloFin exchange (blofin.com), not card-specific. 79% of reviews are 1-star, 13% 5-star; 39 reviews in the last 12 months. Profile claimed by the company, which replies to 71% of negative reviews.
Weighted average across 3 public review platforms (4,282 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
Where is the BloFin Card available?
Only to EEA residents, and it is currently limited to BloFin VIP users; it is euro-denominated.
What fees does it charge?
0% FX on EUR spending within the EEA and 2% on non-EEA transactions. The issuance fee is deducted from the Funding account but the amount is not published; annual fee and ATM are not documented.
Sources
- support.blofin.com Payment network · Euro · EEA · Fx · +3 Data verified on Jul 10, 2026
- cexfinder.com Azienda · Paese licenza · Anno · Derivatives · +4 Data verified on Jun 23, 2026
- datawallet.com Regulator · Regulatory framework · Italia disponibile · EEA Data verified on Jun 23, 2026
- todey.xyz Payment network · Regioni · Fx · Euro · +3 Data verified on Jun 22, 2026