The Wayex Card is a Visa debit card with no annual fee, available in 160+ countries (28 for card).
Wayex is an Australian crypto card company founded as CryptoSpend in 2018 by Andrew Grech and Richard Voice, who met at the University of Technology Sydney. It launched Australia's first crypto-funded Visa card in 2021 and rebranded from CryptoSpend to Wayex on 17 April 2024 as it broadened into a global stablecoin account and card platform.
The Wayex Card is a crypto debit card offered by Wayex, available in 160+ countries (28 for card). There is no annual fee to hold this card. It runs on the Visa network and requires standard identity verification.
New to crypto cards? Read our complete buyer's guide to understand fees, rewards, and how to choose. Concerned about privacy? See our KYC vs non-KYC comparison. Compare more options in our best crypto cards in the US guide. See where it ranks among the best crypto debit cards.
Wayex Card is offered in 28 countries according to the provider's published list.
On $500/mo spend, the estimated monthly cost breakdown for Wayex Card is: gas $0.00, conversion spread $0.00, flat transaction fees $0.00, and amortised card/tier fee $0.00, for a total drag of 0% of spend. After $0.00/mo cashback that nets a gain of about $0.00/mo ($0.00/yr). Wayex Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. This card bills in USD. Spending in another currency adds a 1.5% FX fee; these figures do not include it. Figures are conservative estimates and vary with conditions.
Note: Wayex Global officially launched February 18, 2026, expanding from Australia-only to 160+ countries via Bridge (Stripe). Visa card issuance now live in 28 countries (up from 18 at launch), expanding to 100+. Yield: the site advertises up to 5% automatic yield on liquid stablecoin balances (live), and a separate up to 20% institutional-grade private credit product powered by Kasu marked coming soon. Wayex does not label either figure APY or APR. The 16% APY figure previously recorded here came from the February 2026 launch press release and has been superseded by the current site. Founded as CryptoSpend (2018) with 40,000+ Australian users. Global card pricing: free issuance, 0% on USD spend, 1.5% FX fee on non-USD spend, DAI/USDC deposits 1:1 with no fee, USDT deposits 0.1%. Original AU card: 0% FX, 1% conversion fee, $14.99 physical, no cashback. Wayex has held its own Australian Financial Services Licence, AFSL 568528, since 27 August 2026, having previously operated under an authorised representative arrangement; it has been AUSTRAC-registered as a digital currency exchange since 2018. The Global card is a prepaid Visa issued by Lead Bank, with Bridge Ventures LLC as program manager; Australia is not in its 28-country card list. Wayex's own llms.txt still describes everyday yield as coming soon and a fixed-term product at up to 16% APY via Kasu, so its official sources disagree on yield; the homepage figures above are treated as current.
Other crypto cards in the same region or category that may suit your spending profile:
The Wayex Card is a crypto debit card offered by Wayex. It is available in 160+ countries (28 for card) and allows users to spend cryptocurrency at merchants worldwide.
The Wayex Card has an annual fee of $0. Additional fees: Conversion fee: Global card: none on USD spend from the USD balance (DAI/USDC deposits 1:1, USDT deposits 0.1%); legacy AU card (current issuance unverified): crypto-to-AUD at the point of sale, up to 0.40% (Standard tier, lower with 30-day volume); FX fee: 0% on USD spend; 1.5% on non-USD (Global card); ATM: 0% Wayex side (AU only; no overseas ATM; operator fees apply); Top-up: DAI/USDC no fee; USDT 0.1%.
Supported assets include USDC, USDT, DAI, PYUSD; top-up methods include Stablecoin deposit, Fiat over ACH, SEPA, Faster Payments, SPEI and PIX; crypto deposits are supported on Ethereum, Solana, Base, Arbitrum, Avalanche, Optimism, Polygon, Stellar, Tron, Celestia.
Yes. Wayex requires standard identity verification (KYC), typically a government-issued ID, during signup.
The Wayex Card is available in United States, Argentina, Colombia, Mexico, Brazil, Guatemala, Costa Rica, El Salvador, Honduras, Panama, Paraguay, Uruguay, Bolivia, Dominican Republic, Ecuador, Nigeria, Ghana, South Africa, Hong Kong, Philippines, Japan, Singapore, Thailand, Bhutan, Maldives, Macau, Malaysia, Sri Lanka, according to the provider's published list.
The Wayex Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Wayex Card supports Apple Pay and Google Pay for contactless payments.
The Wayex Card is issued by Lead Bank.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.