BlockBeats news, October 20 - According to the official 1inch help center, the 1inch Card service will be discontinued on December 18, 2026, and new user registrations have already been stopped. Cardholders are advised to spend or withdraw their balances before the deadline. Account closure, KYC, and data-related requests will be handled by the card issuer Crypto Life (CL).
It is reported that the 1inch Card is a prepaid Mastercard launched in partnership between 1inch, Crypto Life (CL), and Baanx, issued by Monavate. It launched in April 2024, primarily targeting users in the European Economic Area (EEA) and the UK, supporting automatic conversion of crypto assets to fiat currency for online and offline purchases as well as ATM withdrawals, while also being compatible with Apple Pay and Google Pay. The card is available in both virtual and physical forms, supporting deposits in multiple cryptocurrencies (including 1INCH, USDT, BTC, LTC, XRP, BXX, etc.).

