A prepaid crypto card that promises convenience and publishes almost nothing else

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

HPX is a prepaid payment card linked to a crypto wallet. You send crypto to it, it converts what arrives into US dollars or euros, and you spend the resulting balance in shops, online or at ATMs. That is the whole pitch, and it is a real product that people do use. It is also a product where the card’s own public pages leave a great deal unsaid — the issuer is not named, the fees are mostly absent, the networks you can deposit over are not listed, and the app store rating is low.

My score for it is 4.7 out of 10. That is not a rounding error and it is not a “no” for everyone; it is a card that works as described for the specific person it was built for, and that asks for more blind trust than I would want from a card with no visible regulator behind it.

Conditions here are current as of October 28, 2026.

So who is this for? In plain terms, the card suits HPX wallet users who already want a USD card and treat the wallet as their balance. It does not suit you if your priority is a cheap card, a clear fee schedule, a named bank behind the product, or a company that has never heard of your country. If your problem is that a normal bank will not open an account for you, read the eligibility section carefully before you deposit anything — the card’s own help centre lists restricted countries, and restricted does not mean “sometimes”.

Will they give you the card

They may not, and this is the first thing to check.

The HPX help centre carries a Q&A that says the application is restricted in Mainland China, Russia, Turkey, Pakistan and other countries, and that the list changes with policy. That is an unusually specific admission for a card advertising worldwide ATM access. People who already held a card in restricted regions are, the same answer says, generally unaffected — “except in Russia”. There is no grandfathering promise for Russian users, so if you have one, that clause is the one that matters to you.

Two things about that restriction are worth being precise about. First, the rule appears to be based on where you live rather than what passport you hold, but the card does not spell that out; nationality simply is not stated anywhere in its public pages. Second, and this is the pattern across the whole product, “and others” is the phrase doing the work. The list is not closed. It can change in either direction, and the card gives no advance notice mechanism.

If you read the FAQ below and find your country named, stop there. Depositing into a wallet that cannot issue you a card leaves you with a balance and no way to spend it, which is the exact problem you were trying to solve.

Note also what is *not* here: this is not stated anywhere. That single sentence covers most of what an applicant will want to know.

How to get it

The application path runs through the app and the identity check is passport-based.

The card requires a passport. ID cards are not accepted. The name on your application must match your passport exactly, which sounds trivial until you have ever typed a middle name differently in two places. You submit KYC, and once approved the card arrives within 30 days. A card-opening fee is paid before the review begins, which is worth noting on its own: you pay before anyone has decided whether to open the card.

What the card does not publish is almost as informative as what it does. Proof of address is not stated. An age requirement is not stated. Which KYC levels exist, how long each takes, and what makes an application refused — none of that is stated. Which countries it ships to, and whether delivery costs anything — not stated beyond that 30-day line. And the card’s network is not stated: the App Store description calls it a prepaid card linked to a crypto wallet that converts crypto to USD or EUR, with USD physical and USD virtual cards existing, but no payment network is named anywhere I could find.

One product is already gone. A “Global Travel Virtual Card” is suspended for new applications per a help notice, which tells you two things: the card can be withdrawn as fast as it was added, and the product list is not permanent. Third-party sites describe HyperCard as having virtual and physical types in both US dollars and euro — that is unofficial and not confirmed by the card.

So the honest summary of the sign-up section: passport in, wait up to 30 days, pay a fee of unknown size before anyone reviews you, in a country list that is explicitly incomplete.

Fees: what it really costs

This is where the card looks least like a normal financial product, and I would want you to read the table knowing how many blanks there are.

One line in the App Store listing deserves a second look because it is not the same as a fee schedule: the annual USD $60 fee for the physical card is deducted from your first deposit. It is not billed later, so you cannot miss it as an invoice — it simply is not there when you expected the money to be. If you read “annual” as “after the first year”, you will learn otherwise from your balance.

Now let me walk through three ordinary payments, because that is where a fee schedule you cannot see starts to matter.

Buying a coffee. The card converts whatever balance you hold, or draws on a fiat balance you already loaded. The App Store lists no spend fee, and no conversion fee is disclosed anywhere on the card’s pages — not stated means not stated, not means zero. What I can tell you is that you cannot budget this payment from published information.

Buying a subscription in euros while holding dollars. There is a fee for paying in another currency and the card does not state it. This is the payment where the number you would most want is the one missing, and it is not a rare situation — it is any trip, any foreign-language merchant, any time a shop’s billing currency is not the currency you loaded.

Taking $200 out of an ATM in a country where dollars are not the local currency. The card advertises “tens of thousands of ATMs worldwide” and says nothing about the fee or the allowance. Either the ATM operator charges you, the card charges you, or both; the card’s own pages will not tell you which.

That is the whole fee picture: one real, published number — $60 a year for the physical card — and a set of gaps where the numbers that decide whether the card is cheap or expensive would normally sit. Unofficially, a third-party site describes a daily spending limit of 50,000 US dollars or no limit at all; that is not from the card and I would not plan around it.

How to Top up

Topping up means sending crypto and letting the card convert it.

The card’s own description says crypto deposits such as USDT, BTC and ETH are converted into USD or EUR on the card. That is the mechanism in one sentence, and it is genuinely the card’s strength: your balance is crypto, your spending is fiat, and the exchange happens on the card side rather than requiring you to sell into a bank account first.

The problem is what that sentence leaves out: which networks. Not stated. Sending USDT over Ethereum and sending USDT over Tron are different operations with different costs and different risks, and the card does not say which it accepts. This matters more than it sounds. A deposit sent on a network the provider does not support, or to an address belonging to another network, can be lost entirely or need manual support recovery with no guarantee — blockchain transfers do not reverse. Tether has issued USDT on Ethereum, Tron, Solana, Polygon, Avalanche and others, and Circle stopped supporting USDC on Tron in February 2024, so “USDC over TRC20” is not even a native option. Any transfer also costs on-chain gas or bandwidth, charged by the blockchain rather than by the card provider, and a wallet holding USDT with no ETH behind it cannot send on Ethereum at all.

So the top-up flow, as far as it is documented, is: pick a coin, pick an amount, confirm an address. The middle step of the instruction that usually matters most — which network — is missing from the public pages. Check it in the app before your first transfer, and start with a small amount.

Withdrawal is not stated at all, which is odd for a card that advertises ATM access, and the top-up methods beyond crypto transfer are not stated either.

Paying with it every day

Daily use is the card’s best category, and even here the documentation thins out at exactly the interesting points.

You get a physical USD card and a virtual USD card; the App Store frames the product as a prepaid card linked to a crypto wallet. That combination covers most ordinary situations: the virtual one for online subscriptions, the physical one for a shop till. What you cannot spend is the interesting part, because a card number tells a merchant’s system which institution issued it, and shops may treat an unfamiliar issuing country more carefully. Some merchants decline prepaid or foreign-issued cards for exactly this reason. Address verification — comparing the numeric parts of your billing address against the issuer’s records — is mainly offered in the US, Canada and the UK and is generally unavailable for foreign-issued cards, which can cause declines that look inexplicable from your side.

Other everyday-use details simply are not stated:

• Whether the card can be added to Apple Pay or Google Pay, and whether either is supported at all.
• Whether gambling merchant categories are blocked. Many issuers block them by policy rather than by law, and the blocked list varies by issuer.
• What the app looks like beyond its store listing, and whether spending limits or an instant card freeze are available.
• Whether card payments use 3-D Secure, the identity check that either approves an online payment frictionlessly or challenges you with a one-time code.

Apple Pay, if it works, replaces the card number with a device-specific number stored in the Secure Element and a one-time code per payment, and the issuer can separately restrict the tokenised number to specific channels. None of that is confirmed for HPX.

On the app itself, the numbers are concrete. The iOS App Store listing, read on 2026-10-20, shows 3.3 out of 5 from 135 ratings, requires iOS 15 or later, version 5.6.270301, 420.5 MB, age 16+. The Google Play rating was not retrieved, so treat Android users as unassessed rather than satisfied.

One housekeeping note for the wallet part rather than the card part: the App Store describes two wallets inside the app — an off-chain wallet held by the platform with what it calls an “SBC risk control system” and multi-signature co-management, and an on-chain wallet with private keys stored locally under BIP32/39/44/45 derivation. The developer states it collects no data. An off-chain balance held by the platform is a claim on that platform; a lost seed phrase, typically 12 to 24 words, hands anyone who reads it the whole wallet, irreversibly.

What can go wrong

This is the section where the card stops being abstract.

The reliability score is 3 out of 10 and that is the part of this review I would not soften.

The App Store rating is 3.3 out of 5 across 135 ratings. The recurring themes, mostly from 2022 through 2024, are worth naming because they cluster in the places that hurt:

• Coins stuck in “reviewing” for days, with support tickets unanswered.
• Inability to withdraw or transfer.
• Accounts frozen without explanation given.
• One report of funds removed to an unknown address.
• One report of an excessive fee.

There is some praise in there too, mostly about ease of use, so this is not a story of a product nobody can operate. It is a story of a product some people find simple until a payment is stuck.

The reason a stuck payment matters more here than on an ordinary card is structural. With a self-custody-linked card your funds stay in your own wallet until the moment of payment and you bear the risk. With a custodial balance, the provider holds the credentials and you must trust them completely. Crypto platform failures are not hypothetical: Mt. Gox reported about US$350 million stolen over 2011–2014, Coincheck about US$400 million in 2018, and the Ronin Network US$625 million in 2022. Frozen-account complaints sit right on top of that risk.

A 2022 review calls the service a scam, describing a card charge labelled as an airline ticket and an inability to withdraw funds; the developer responded by pointing to in-app or Telegram support. I found no Trustpilot page and no Reddit discussion of HPX — a search returned only HyperX and unrelated “HP” results. That absence cuts both ways: there is no pile of independent complaint threads, and there is also no independent track record.

Now the corporate picture, which is where I get most uncomfortable. The App Store developer is CIPHERBC PTE. LTD., with a copyright line reading HYPER BC PTE. LTD. The site hyperpay.tech redirects to hpx.com. Who actually issues the card, which institution sponsors the BIN, and what licences anyone holds: not stated. The brand changed from HyperPay to HPX in July 2025. I found no licence or issuer events in the news, which is neutral at best.

Why does the missing issuer matter more than it would for a coffee brand? Because of how a card payment is routed. The network — Visa or Mastercard — sets the rules and routes the messages. The issuer is the licensed bank or e-money institution that holds the card programme and is the party you would complain to. The crypto brand is frequently only the front end. Visa and Mastercard do not issue crypto cards to consumers themselves; they license issuers, and they can suspend a programme. In November 2022 Visa said it had “terminated our global agreements with FTX”, and the FTX US debit card was wound down. WaveCrest, a Visa issuer that supplied crypto card brands, was suspended by Visa in Europe in 2018, closing every WaveCrest-issued Visa programme it backed.

Closures follow a shape. New loads stop first, then spending stops, then users are asked to withdraw whatever is left. If you cannot identify the issuer, you cannot tell which of those stages you are in, or who would be obliged to return your balance.

The freeze complaints also have a lawful explanation, and it is worth understanding rather than dismissing. KYC rules require regulated businesses to verify customers and assess risk under anti-money-laundering law, with ongoing monitoring and suspicious-activity reporting. In the EU, due diligence covers name, address, date of birth, nationality, identity documents, a sanctions check, the purpose of the relationship, and whether you are a politically exposed person. In the US, the customer identification programme requires name, date of birth, address and an identification number, with electronic systems validating proof-of-address documents. If due diligence cannot be completed, EU rules require the institution to decline the transaction or relationship and, where necessary, end an existing one. That is precisely why accounts get closed and funds get frozen “pending documents” — it is the system working. It does not explain away a freeze with no explanation, but it does mean frozen is not automatically evidence of wrongdoing by you or by the provider.

Two smaller risks in the same bucket. First, a declined authorisation can leave a hold on your money for several days, typically up to seven, so a failed attempt at one merchant can quietly reduce your balance for a week. Second, converting crypto into dollars and then spending the dollars is a disposal for tax purposes in the US, where the IRS treats digital assets as property; the gain is measured in local fiat currency at the fair market value on the date of the transaction, so each card payment funded from crypto may be a separate taxable event. I am not giving you tax advice and this is not a tax opinion — but if the amounts are large, that is a question for a professional in your own country, and it is a cost the fee table does not contain.

The trust question is the one I would put to you directly. The safest posture is the one that does not depend on the card: treat the balance you load as money you are prepared to lose, keep it small, and confirm withdrawal works before you rely on it for anything.

What to take instead

If the gaps above are disqualifying — which for many readers they are — there are three cards in the same category that publish more, at least on paper. I want to be careful here: I have not used any of them either, and everything below is from their published pages and their own scores.

Three things stand out. BloFin charges $0.00 for activation, annual, issuance and dormancy, and publishes its whole spend-fee ladder — 1.00% at VIP 0 down to 0.00% at VIP 5 — which means you can work out what a purchase will cost before you make it. Decaf’s physical card is $10 in the US or $90 elsewhere with no annual fee, and it says plainly that it adds no FX fee of its own, so the rate you get is the rate Visa gives. SafePal publishes its FX percentage and its refund handling charge, and names 40+ blockchains. All three still leave gaps. Decaf does not say which coins and networks top up the card itself. SafePal’s regions page was empty. BloFin does not publish a country list at all.

None of that rescues HPX. A card that publishes its fees is one where you can do arithmetic; a card that does not is one where the arithmetic has to be done on trust. But the comparison does show that in this category, publishing is normal — the absence of a fee schedule on HPX is a choice, not a limitation of the sector.

Two structural reasons the alternatives can be more stable, if you want a rule of thumb. In the EU, an electronic money institution can issue e-money, payment cards and wallets but cannot lend, and a single licence can support services across the EU/EEA. And under MiCA — the EU’s markets-in-crypto-assets regulation, which ESMA says took legal effect in June 2023, with the stablecoin and e-money-token rules applying from 30 June 2024 and the crypto-asset service provider rules from 30 December 2024 — e-money tokens may be issued only by a credit institution or an electronic money institution. Transitional arrangements run until 1 July 2026 or until a provider gets or is refused an authorisation, whichever comes first, and ESMA keeps an interim register of authorised providers. EMIs must safeguard customer funds in dedicated accounts or by insurance, and those funds are not bank deposits, so a deposit guarantee scheme may not cover them. None of this tells you which of these four is best for you, but it tells you where to look: an EMI safeguarded register entry is a stronger footing than a brand name.

Who I would recommend it to

Here is my honest, personal position after reading all of this.

I would recommend HPX to someone who already holds crypto, already uses the wallet, and has decided that a USD prepaid card is the specific thing missing from their setup — someone who will load small amounts, check the network before each transfer, and try a withdrawal before trusting it with rent. For that person it is a reasonable tool: crypto in, dollars out, physical and virtual, wide ATM access.

I would not recommend it to someone choosing a card for the first time, to anyone sensitive to a $60 annual charge taken from the first deposit, to anyone who needs to know what a currency conversion costs, or to anyone whose country might be one of the unlisted ones. And I would be especially careful recommending it to a person whose whole reason for wanting a card is that banks are refusing them: the restricted-country list here is explicit and moves, the issuer is unnamed, and a frozen account is the failure mode people actually describe.

If I were picking among the alternatives for someone starting out, I would look at the ones that publish a price for everything: BloFin at $0.00 in fees and a visible percentage ladder, or Decaf at $10 in the US with no annual fee and an explicit “we add no FX fee”. Both score above HPX on the same criteria.

The honest summary: this is a working product with a real business behind it and a publication record that would not pass muster at a bank. 4.7 out of 10 reflects that gap between the two, and it is a gap you can decide about yourself once you know where it is.

Frequently asked questions

What is the HPX card?

HPX is a prepaid payment card connected to a crypto wallet, offered by the brand formerly known as HyperPay, which rebranded to HPX in July 2025. You deposit crypto such as USDT, BTC or ETH, it converts what arrives into US dollars or euros, and you spend that balance. It comes as a physical USD card and a virtual USD card. The card’s payment network is not stated on its public pages, and the app developer is CIPHERBC PTE. LTD.

Is HPX a bank?

No, not on the evidence available. The card’s own pages do not name an issuing bank or the institution that sponsors its BIN, and no licences are disclosed. The developer listed in the App Store is CIPHERBC PTE. LTD., with a copyright line reading HYPER BC PTE. LTD. That is consistent with a crypto brand acting as the front end for an unnamed issuer or programme manager. If knowing which regulated institution stands behind your balance matters to you, this card cannot tell you.

Who owns HPX?

The publicly visible name is CIPHERBC PTE. LTD., named as the App Store developer, with a copyright line reading HYPER BC PTE. LTD. The site hyperpay.tech redirects to hpx.com, and the help centre sits at help.hpx.com with an English path. Beyond that company shell, the beneficial ownership, the issuing institution and the licence status are not stated anywhere in the card’s public material, and I found no licence or issuer events in the news.

Can I use the HPX card in my country?

It depends, and the honest answer has two parts. The card advertises “tens of thousands of ATMs worldwide” and general international use. But its own help centre restricts applications in Mainland China, Russia, Turkey, Pakistan and other countries, and says the list changes with policy. The rule appears residence-based rather than citizenship-based, though citizenship is not stated. If your country is one of the named ones, assume no; if it is unlisted, assume maybe and check before depositing.

Does the HPX card require KYC?

Yes, and it is passport-only. Identity cards are not accepted, and the name on your application must match your passport. You submit KYC, and once approved the card arrives within 30 days. A card-opening fee is payable before the review, so you pay before anyone has decided to open the card. Proof of address and an age requirement are not stated, as are the KYC levels, processing times and grounds for refusal.

How much does the HPX card cost?

One number is published: USD $60 a year for the physical USD card, deducted from your first deposit. A card-opening fee is also charged before review, but its amount is not stated. The conversion fee, the fee for paying in another currency, the ATM fee and allowance, and daily and monthly spending limits are all not stated. Unofficially, a third-party site mentions a daily limit of 50,000 US dollars or no limit; that is not confirmed by the card.

How do I top up the HPX card?

You send crypto and the card converts it. The App Store description says deposits such as USDT, BTC and ETH are converted into USD or EUR on the card. What is not stated is which networks those coins can arrive over, and that is the detail to verify in the app before your first transfer. A deposit sent on an unsupported network can be lost or need manual support recovery with no guarantee. On-chain gas or bandwidth is charged by the blockchain, not the card provider.

Is the HPX card safe to use?

“Safe” splits into two questions. Against fraud, a prepaid balance limits the damage, since the card spends only what you have loaded. But the issuer and its licences are not stated, custody of your off-chain balance sits with the platform, and the App Store shows 3.3 out of 5 from 135 ratings, with recurring complaints about coins stuck in “reviewing”, inability to withdraw, and accounts frozen without explanation. I would not load more than you could afford to lose.

Can I add the HPX card to Apple Wallet?

The card’s public pages do not say. Whether Apple Pay or Google Pay is supported is not stated, along with any spending limits, instant card freeze, or two-factor authentication. The app itself requires iOS 15 or later on iOS, version 5.6.270301, and lists an age rating of 16+, so the device requirement is not the obstacle — the documentation simply is not there. I would not discover this at a till, so check inside the app before you need it.

Is the HPX card worth it?

Worth it only for the narrow case: someone already holding crypto who wants a USD prepaid card for specific, low-value spending and will verify the network before each transfer. Not worth it for the general case. A $60 physical-card fee taken from your first deposit, an unnamed issuer, an unstated fee schedule, an incomplete country list and a 3.3 app rating add up to more risk than a card you spend from should carry. The alternatives in this category publish their prices, which makes them easier to judge.

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