Phemex Launches Phemex Card with Unlimited Cashback

Phemex, a user-first crypto exchange, has launched the Phemex Card for eligible users. This card is part of Phemex's broader fiat infrastructure and allows users to connect their digital asset balances with everyday spending at supported merchant locations.

The Mastercard-supported card eliminates the need for manual fund transfers into isolated prepaid accounts, instead referencing the user's primary Spot balance for transactions. Mobile integration with Apple Pay and Google Pay enables convenient use of digital assets at the point of sale.

Phemex Card offers an Unlimited Cashback Amount in USDT on eligible purchases, subject to applicable Terms and Conditions. This feature avoids fixed monthly earning caps, allowing active users to optimize their spending efficiency.

CEO Federico Variola stated, 'A comprehensive exchange experience includes offering practical options for connecting with real-world payments.' He added that the Phemex Card strengthens fiat infrastructure and provides eligible users with greater flexibility in managing their capital.