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Phemex unveils virtual Mastercard enabling crypto payments in the EEA

Phemex unveils virtual Mastercard enabling crypto payments in the EEA
Phemex unveils virtual Mastercard debit card

Phemex has announced the availability of a virtual debit card on the Mastercard network for residents of supported EEA countries, offering integration with Apple Pay and Google Pay, no issuance or annual fees, and support for USDT and USDC transactions.

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Phemex has introduced a virtual debit card linked to the Mastercard network, available to residents of supported EEA countries. According to the broker, the card carries no issuance or annual fees, supports transactions in USDT and USDC, and can be used with Apple Pay and Google Pay. The announcement did not provide additional information regarding the application process, usage limits, or specific terms beyond those listed.

Phemex is a cryptocurrency exchange offering spot and contract trading in a wide range of digital assets, including Bitcoin, Ethereum, and USDT, with the US dollar as the sole fiat option. Key platform features include low trading fees, high leverage for contracts, a demo account, educational resources with earning opportunities, and investment solutions with flexible terms. For more information, see the broker profile on Traders Union.

For additional context, see our earlier news about Phemex, where the broker published its November Proof of Reserves, demonstrating asset transparency and solvency. Read more details in the previous Phemex update on Traders Union.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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