For many crypto traders, turning trading profits into everyday spending power still involves multiple steps — moving funds between exchanges, wallets, and banking services before those assets can be used in the real world. Wirex is helping close that gap.
Through its Banking-as-a-Service (BaaS) platform, Wirex is powering the EVEDEX Card, a non-custodial debit card that allows traders on the EVEDEX hybrid exchange to spend their crypto balances globally while maintaining control of their assets.
With the card accepted at 80+ million merchants across more than 130 countries, the partnership connects crypto trading activity directly to everyday payments.
Connecting Crypto Trading With Real-World Spending
EVEDEX is a hybrid cryptocurrency exchange designed to combine the performance of centralised trading platforms with the transparency and self-custody principles of decentralised systems.
Built on a proprietary Arbitrum Layer 3 infrastructure, the platform offers a range of trading tools, including:
Spot trading
Perpetual futures with up to 100× leverage
Peer-to-peer transactions
Copy trading features
AI-powered trading tools
An integrated education centre
While the platform provides advanced trading capabilities, users previously lacked a direct way to spend trading profits without leaving the ecosystem.
The EVEDEX Card, powered by Wirex BaaS infrastructure, enables users to move from closing a trading position to making a card payment within seconds.
What the EVEDEX Card Allows Traders to Do
The card connects crypto trading balances to global payment networks, allowing traders to spend their funds directly in everyday transactions.
Key capabilities include:
Global acceptance at 80+ million merchants
Apple Pay and Google Pay support for contactless payments
Real-time crypto-to-fiat conversion at the point of sale
A non-custodial structure, meaning users retain control of their assets
This removes the need for traders to move funds between multiple platforms before using them.
How Wirex BaaS Makes It Possible
The EVEDEX Card runs on Wirex BaaS, a full-stack infrastructure platform that allows digital platforms to launch payment cards, banking services, and crypto-enabled payment functionality through a single API integration.
Through Wirex’s infrastructure, EVEDEX gains access to:
Non-Custodial Card Issuance
Virtual and physical debit cards that allow users to spend crypto balances while maintaining asset control.
Real-Time Crypto-to-Fiat Conversion
Supported assets are converted automatically at the point of payment, allowing seamless spending without prefunding accounts.
EUR and USD IBAN Accounts
Named virtual IBANs with SEPA Instant and Faster Payments connectivity, enabling fiat on- and off-ramps across more than 30 countries.
Unified Balance Management
Trading balances, stablecoins, and fiat funds can be accessed through one integrated system.
DeFi Yield Opportunities
Idle balances can access yield opportunities while remaining within controlled infrastructure. By integrating with Wirex BaaS, EVEDEX avoids building payment and banking infrastructure from scratch, allowing the platform to launch a globally accepted debit card significantly faster.
Enabling the Next Step for Crypto Platforms
For Wirex, the collaboration reflects a broader shift toward making digital assets usable in everyday financial activity.
As Daniel Rowlands, General Manager of Onchain Finance at Wirex, explains:
“Our BaaS platform exists so that builders like EVEDEX can focus on creating exceptional trading products instead of getting bogged down in payment infrastructure. With Wirex BaaS, they now have the final piece — a card that lets their users spend what they’ve earned anywhere in the world, without losing custody of their assets.”
EVEDEX CEO Vlad Komissarov also emphasised the importance of maintaining user control:
“Traders deserve full control over their funds, positions, and financial lives. The EVEDEX Card allows our users to trade on a powerful hybrid exchange and spend their earnings instantly in the real world, without surrendering custody.”
Bridging Trading and Everyday Payments
As the crypto ecosystem evolves, platforms are increasingly focused on connecting digital assets with real-world financial infrastructure. By combining hybrid exchange trading with global payment rails, the EVEDEX Card allows traders to move from market activity to everyday spending without leaving the ecosystem.