Fasset review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Fasset suits anyone who wants a crypto card with no monthly charge and wants a regulated issuer behind it, though costs appear on every trade rather than on the account. It runs on a $0 monthly fee, a free top-up, and taker fees of 1%, with a cashback rate of 3.5% on spending.
Key facts
- Best for
- A regulated crypto card for everyday spending with no monthly fee.
- Monthly fee
- $0↗
- Card type
- Prepaid↗
- Top-up fee
- Free - no fee charged when users top-up the card↗
- Cashback rate
- 3.5%↗
- Card network
- Visa↗
- Custody
- Custodial↗
- Legal entity
- Fasset FZE↗
- Headquarters
- United Arab Emirates↗
- Founded
- 2019↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Crypto, Virtual card, Custodial
- Official website
- fasset.com
Crypto exchanges
Crypto wallets
Facts checked September 26, 2026, 9 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- XLinkedInreddit.com
Pros and cons
Pros
- Monthly fee of $0, and top-ups carry Free - no fee charged when users top-up the card
- Cashback of 3.5% on card spending
- Centralised exchange with 42 coins listed and taker fees of 1%
- Cash deposits by card, bank and apple pay
Cons
- Custody is custodial, so keys sit with the platform rather than with you
- Every trade is charged a taker fee of 1%
- Support runs on email, help centre and community only, with no phone line
Who it suits
- Crypto holders who want a prepaid card rather than an exchange-only account
- Anyone who can fund the account by card, bank and apple pay and spend on the visa network
- Spenders who value cashback of 3.5% on everyday purchases
Who should look elsewhere
- Self-custody holders, since custody is custodial rather than your own keys
- Frequent traders put off by a taker fee of 1% per transaction
- People who need a phone line, since support runs on email, help centre and community
Safety of your money
Fasset holds your crypto in custody, so the assets sit with the platform rather than in a wallet you control, and the account runs as a centralised exchange. The company operates as Fasset FZE in Dubai and appears on the register of the Virtual Assets Regulatory Authority (VARA) under licence VL/23/07/002, which is the framework that covers virtual asset activity there. Card balances and coins are separate from any protection scheme named in the licence.
How Fasset compares
8.9 vs 9.4
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Where Fasset is available
- Available
- Antigua and Barbuda, Australia, Bahamas, Bangladesh, Barbados, Belize, Cayman Islands, Costa Rica, Côte d'Ivoire, Dominican Republic, Egypt, El Salvador, Ghana, Grenada, Guatemala, Honduras, Hong Kong, Japan, Kenya, Malaysia, Mexico, Morocco, New Zealand, Pakistan, Panama, Philippines, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Senegal, Singapore, South Africa, Trinidad and Tobago, Turks and Caicos Islands, Uganda, Zambia
- Licence in United Arab Emirates
- Virtual Assets Regulatory Authority (VARA) (VL/23/07/002), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Fasset charge to hold the account?+
The monthly fee is $0, and topping up the card carries Free - no fee charged when users top-up the card. Trading is charged separately, with a taker fee of 1% on each transaction. Card spending earns cashback of 3.5%.
Who regulates Fasset?+
Fasset is run as Fasset FZE in Dubai and is listed on the register of the Virtual Assets Regulatory Authority (VARA) under licence VL/23/07/002. The licence covers the virtual asset business rather than the card balance.
Does Fasset hold my crypto for me?+
Yes, custody is custodial, so the coins are held by the platform and not in a wallet under your own control. Trading runs through a centralised exchange model rather than a decentralised one.
Which coins can I trade on Fasset?+
The exchange lists 42 coins, and the wallet supports 42 of them. The wallet type is mobile, so buying, holding and spending all happen inside the phone app rather than on a separate platform.
How do I add money to my Fasset account?+
Fiat deposits run through card, bank and apple pay, so the listed funding routes cover adding cash before spending. The card sits on the visa network, and nfc is available for contactless payments at checkout.
Is there a fee for the Fasset card itself?+
The card is a prepaid card, so there is no credit line and nothing to repay. The monthly fee is $0 and there is a cashback rate of 3.5% on spend.
Who can contact Fasset support?+
Support runs on email, help centre and community, so help comes in writing and through the community rather than over the phone. The mobile wallet is mobile, and deposits, trading and the card balance are all handled inside that app.
Does Fasset offer derivatives?+
Yes, derivatives are offered, alongside trading on the exchange, and both sit in the same account as the card. The exchange type is cex, so orders are handled by the operator rather than settled between users on a decentralised venue.
Sources
- fasset.com checked September 26, 2026
Backs: Connectivity, Price
“Metal card - 3.5% OWN points cashback - Tap-to-pay worldwide”
- fasset.com checked September 26, 2026
Backs: Cashback rate, Monthly fee, Support channels
“Edge Metal card · 3.5% OWN points cashback · Tap-to-pay worldwide”
- fasset.com/about-us checked September 26, 2026
Backs: Founded
“Founded in 2019 with a simple belief: money shouldn't stop at borders.”
- fasset.com/fasset-card checked September 26, 2026
Backs: Card type, Custody, Features, Top-up fee, Card network
“The Fasset Virtual Card is a prepaid digital card which you can top up in USDT”
- fasset.com/fasset-fze-documents checked September 26, 2026
Backs: Coins listed, Coins supported, Headquarters, Legal entity
“Crypto Assets Level Disclosure - Listed Crypto Currencies: Ripple ... ADI”
- fasset.com/terms-and-conditions checked September 26, 2026
Backs: Wallet type
“mobile apps made, owned, and operated by Fasset accessible in iOS and Android through the application called 'Fasset'”
- fasset.com/user-agreement checked September 26, 2026
Backs: Derivatives, Exchange type, Taker fee, Withdrawal fee
“We provide an online trading platform to physically trade cryptographic assets ... and derivatives linked to VFAs or indices thereof”
- fassethelpsupport.zendesk.com/hc/en-us/search checked September 26, 2026
Backs: Fiat deposit methods
“Deposit via Debit Card, Credit Card, Apple Pay and Google Pay; How to deposit via Wire Transfer; How to deposit via Bank Linked Transfer”
- vara.ae/en/licenses-and-register/public-register/fasset-fze checked September 26, 2026
Backs: Regulators, Licences
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.