MEXC and Ether.fi’s Crypto Card ‘Puts Power in the Hands of Users’

• MEXC and ether.fi have teamed up to launch a crypto credit card that can be used at more than 150 million Visa merchants around the world.
• The card offers customers up to 4% cashback on purchases, plus perks including travel discounts and conference passes.
• The MEXC x ether.fi card is “objectively a much better product for people,” ether.fi CEO Mike Silagadze said.

MEXC and ether.fi have teamed up to launch a new crypto-powered credit card that aims to give users a seamless way of spending their digital assets worldwide.

The MEXC x ether.fi card is fully compatible with Apple Pay and Google Pay, and can be used at more than 150 million Visa merchants globally. Customers can earn up to 4% cashback on their purchases, plus exclusive perks including discounted travel, conference passes and savings of up to 65% on luxury hotels.

“We have the ability to provide more rewards for users,” ether.fi CEO Mike Silagadze said in a recent interview, adding that the card gives users the ability to either spend or borrow against their crypto.

“It could be a really easy way to on-ramp onto the U.S. dollar and use that as savings and spending assets in their local economy—or if youre already based in the U.S., a higher rewards financial product,” Silagadze explained.

Ether.fi and MEXC

Silagadze has described ether.fi as a “DeFi bank” designed to offer a full end-to-end alternative to traditional financial institutions, built atop self-custodial crypto rails. Founded in 2018, crypto exchange MEXC claims to have more than 40 million users worldwide, with a goal of making digital assets simple and accessible.

“What excites me is when I see people using ether.fi as an alternative to their banks,” Silagadze said. He added that the MEXC x ether.fi card “ultimately puts a lot more power in the hands of users,” offering more competitive benefits for consumers than old-fashioned providers—as well as the freedom to spend and borrow against crypto.

“Its really just objectively a much better product for people,” he added.

MEXC and ether.fi have introduced exclusive offers for new users of the card. Those who successfully complete a first deposit of more than 100 USDT are eligible to receive a 15 USDT airdrop—and during January, up to 15% cashback for food and dining purchases.

In order to incentivize current card holders to spread the word, a referral program offers a 10 USDT reward for every person they onboard, in addition to 1% cashback on the purchases they subsequently make.

New customers can obtain a MEXC x ether.fi virtual card by completing advanced Know Your Customer verification, filling out an application form, and topping up their ether.fi account via bank transfers or non-custodial wallets.

The product is now available in more than 60 countries globally—spanning Asia, Europe and South America.