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Home»Exchanges»Bitget joins Mastercard and Immersve to issue crypto cards for UK and EU users
Exchanges

Bitget joins Mastercard and Immersve to issue crypto cards for UK and EU users

NBTCBy NBTC02/07/2025No Comments3 Mins Read
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Bitget wallet has partnered with Mastercard and the infrastructure provider Immersve to launch a crypto-linked card. Holders will be able to make payments directly from their digital wallets, available for all merchants that accept Mastercard globally.

Bitget wallet will offer a new crypto card in partnership with the leading payment processing company Mastercard and the infrastructure provider, Immersve. The product aims to make crypto usage seamless, by spending balances directly from a crypto wallet. Holders will be able to pay through more than 150 million merchants that accept Mastercard globally.

The exchange’s wallet app will handle real-time funding via on-chain swaps and deposits. Users can apply for the card digitally and add it to their mobile wallets, usable at both physical and online merchants.

“Digital wallets are quickly becoming as ubiquitous as email addresses. At Mastercard, we’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale,” said Scott Abrahams, executive vice president, Global Partnerships at Mastercard.

Immersve will be the main card issuer, while transactions will be settled on-chain, handling payments and notifications through the Mastercard Digital First technology. Card issuance will involve KYC and money laundering monitoring.

The new card will roll out gradually, starting with the UK and the European Union, with plans to expand to Latin America, Australia, and New Zealand within months.

Bitget taps into interest in practical crypto applications

The card arrives at a time when crypto payments are growing, driven by a growing supply of stablecoins. The crypto payments ecosystem also aims to connect to mainstream fintech solutions.

“Crypto payments should be as seamless and secure as traditional transactions. With this partnership, Bitget Wallet users can now pay with crypto anywhere Mastercard is accepted,” said Jamie Elkaleh, CMO at Bitget Wallet.

Bitget wallet reaches over 80 million users globally, offering self-custody for all assets. The card can apply those self-custodied assets for everyday commerce. Card holders will have optional incentives such as transaction-based rewards, yield for in-wallet balances, and a one-time KYC bonus.

DeFi use cases revive Bitget usage stats

The recent revival of DeFi and decentralized trading boosted the use cases for Bitget wallet. The multi-asset wallet supports over 130 blockchains, 20,000 distributed apps and a million tokens. The wallet is also a trading hub, offering swaps across hundreds of available DEXs with seamless bridging.

Bitget saw a return of older Ethereum traders as DeFi revived. The Bitget wallet also carries significant volumes from BNB Smart Chain swaps. | Source: Dune Analytics

In 2025, Bitget also saw an inflow of older returning traders on Ethereum, far outpacing the volume of brand-new traders. The wallet was positioned to tap into the recovery of DeFi and the waves of new tokens and projects.

Bitget is also secured by an additional $300M user protection fund, in case of hacks or exploits. The wallet has already faced problems with flawed trading smart contracts, when hackers found a loop and exploited the VOXEL token, leading to losses of up to $100M.

Currently, Bitget carries highly active swaps for TRON, with Ethereum, BNB Smart Chain, Arbitrum and Solana also among the leading networks. The exchange sees over 30% of its swap traffic from BNB Smart Chain, booming due to the special campaigns and incentives.

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