Crypto cards with leveraged trading built in
Highest on our score right now: Hyperbeat Card (4.6/5), MetaMask Card (4.5/5) and Bitpanda Card (4.5/5).
Read this first. Leverage can take the money you were going to spend, and none of the on-chain desks here carries negative-balance protection or an investor-compensation scheme. All 12 keep card money and desk money apart, in separate pots you move funds between by hand, and the issuer says so. On Hyperbeat that transfer is one tap in each direction, and its terms still describe a single wallet, which its own funding guide contradicts. Separate pots limit what a liquidation can reach; they do not make the desk safe. A card being listed here describes what its app contains. It is not a recommendation to trade with it.
Disclosure. Five of these 12 cards carry an affiliate or referral link that pays us if you sign up: Hyperbeat, MetaMask, Tria, whose card the author holds, Ledger and Bitget. The other seven pay us nothing, and the rating that orders this page reads the same formula for all 12.
12 of the 141 cards you can get today put a leveraged trading desk in the same app that issues the card. That is 12 outside the exchange-issued cards, which are excluded here: at an exchange the derivatives desk is the parent business, so finding one tells you nothing. The interesting part is who is behind them: nine of the twelve execute on one venue, Hyperliquid. That exclusion is our judgement call, and it follows the app rather than the brand: Bitget Wallet and BloFin Wallet come from exchange groups, but their wallet apps send perps to Hyperliquid, not to the parent exchange, so they are in. Based, Ledger, MetaMask, Tria, xPortal, Coin98, Hyperbeat, BloFin Wallet and Bitget Wallet are nine front-ends, not nine venues. Seven of them name the venue, though usually in the docs or the terms rather than on the card page; BloFin Wallet and Bitget Wallet do not, and the link comes from the app code and from the venue's own data. Three run their own book: Jupiter, on its own Solana program at up to 250x, Revolut, trading CFDs through a brokerage authorised by the Bank of Lithuania instead of perpetuals on-chain, and Bitpanda, with spot margin up to 10x on crypto (long only) and 20x on stocks.
That nine isn't a surprise on its own: Hyperliquid carries the deepest on-chain perps book, so an app adding a desk routes to the venue that can fill the order. It's the right call each time, and it makes one venue a single point of failure for all nine.
Venue and pot, card by card, because the rows below show neither.
Hyperbeat: Hyperliquid, two pots, with a one-tap transfer each way between them.
Based, MetaMask, Coin98: Hyperliquid, two pots, and the issuer says so.
Tria: Hyperliquid and Decibel, two pots, and the issuer says so.
Bitget Wallet: Hyperliquid and PopDEX, two pots: a separate Perps account and a topped-up card balance.
BloFin Wallet: Hyperliquid, two pots: the card spends a balance the card programme holds.
Revolut: its own brokerage, two pots.
Bitpanda: its own book, two pots: collateral sits in a margin wallet the card cannot spend.
Ledger and xPortal: Hyperliquid, two pots: the card spends an account held by the card partner, not the wallet you trade from. Jupiter: its own Solana program, two pots, since the card balance is managed by the issuing partners.
Headline leverage is a ceiling, and only on the best-supported market. Ledger, BloFin Wallet and Bitget Wallet publish no ceiling of their own. The ceiling is also a price: on Hyperliquid a 40x position pays 0.045% of the position each way, which is 1.8% of your own margin, funding runs about 1.2% of margin a day, and the liquidation threshold behind that 40x is a 1.25% move.
Check the country lists twice. The card and the desk are sold under different ones, and the region shown on each card below is the card's list, not the desk's. Revolut is the widest gap: the account is sold in the UK, all 30 EEA states, Switzerland, the US, Australia, Brazil, Japan, New Zealand and Singapore, while the CFD desk is reachable in the EEA alone. Ledger names five restricted jurisdictions for its desk (the UK, the US, Ontario, France and Belgium) and sells the card in all five, two of them EEA states that a row reading "EEA" hides. Sourcing, balance models and the full rejection list are in the research write-up.
The rating that orders this page scores the cards. It says nothing about the desk behind each one. Leverage ceilings and the per-card sourcing are in the comparison table.
Some cards below link to affiliate partners, and we may earn a commission if you sign up. The order comes from our public score, and partner links play no part in it. Details are in our editorial disclosure.
How to read this list
- The desk is first-party. The trading screen is a feature of the app you install for the card. A wallet whose dapp browser can reach somebody else's perp DEX does not count, or every wallet would qualify.
- Leverage, not borrowing. Cards that let you borrow stablecoins against crypto to fund spending are excluded. A loan opens no position and leaves your exposure unchanged, whatever the marketing calls it.
- Exchange cards sit elsewhere. Binance, Bybit, OKX and the rest run derivatives desks by definition, so listing them here would say nothing. This page is the other direction: consumer wallets that grew a desk.
