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NovaDAX Card

Updated: Aug 5, 2026

NovaDAX Card was a physical Elo prepaid card launched by NovaDAX in partnership with the Brazilian payment institution Ewally and used with a separate Brazilian real digital account. Users could process crypto assets on the NovaDAX exchange, transfer available funds to the digital account, and use the contactless card for domestic and international purchases and cash withdrawals. The card did not provide a credit facility and did not deduct crypto assets directly from an on-chain wallet. NovaDAX discontinued its digital account and card services on October 31, 2024, and all cards were cancelled.
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Card network
Other
Product type
Crypto prepaid card
Card form
Physical card
Operating status
Discontinued
KYC level
Full KYC
Commercial relationship
No commercial relationship
Risk score
40-49
Supported assets
USDT / BTC / ETH
Last updated
Aug 5, 2026

Official and company information

Issuer identity and company credentials

Founded in 2018, NovaDAX is one of Brazil's locally regulated cryptocurrency exchanges. Representing Chinese-backed fintech expansion overseas, it was incubated in Latin America by its controlling parent company, Abakus Group/Wecash. NovaDAX has built a strong local presence in Brazil through a licensed payment entity, providing millions of Latin American users with high-liquidity trading services for hundreds of digital assets, including Bitcoin and Ethereum. The platform is known for trading fees as low as 0.015%, fiat gateway support for Brazil's instant payment system (Pix), and Reclame Aqui's highest safety rating (RA1000 certification).
Company / issuer
NovaDAX
Legal name
NOVADAX BRASIL PAGAMENTOS LTDA.
Registered region
Brazil (BR)
Headquarters
OriginalBrazil
Company type
Crypto exchange
Verification status
Verified
Issuer website
Official link
Application page
Application link

Card overview

The NovaDAX Card uses a structure of "exchange account + separate digital account + prepaid card." NovaDAX operates the crypto asset trading platform and user entry point, Ewally handles the digital account, PIX, card issuance, and payment processing, and Elo provides the card network. Users were required to maintain sufficient Brazilian real balance in the digital account, and spending directly deducted from that balance; crypto assets on the exchange and funds in the digital account are separate services and should not be understood as automatic deduction from designated crypto assets at merchant payment. The physical card supports contactless payments, can be used at Elo-accepting merchants, and allows cash withdrawals via Banco24Horas and partner networks abroad. Before the service closed in 2024, users were required to clear the digital account balance, migrate or delete PIX keys under Ewally, and close the account; the closure did not affect the NovaDAX exchange account, which was operating independently at the time.
Other card experienceRegional availabilityTerms may change
Notice: NovaDAX digital accounts and Cartão NovaDAX ceased service on 2024/10/31, affecting all digital accounts, PIX keys and issued cards. Users were required to clear their account balances before the deadline, migrate or delete PIX keys registered under EWALLY INSTITUIÇÃO DE PAGAMENTO S.A., and complete the closure of their digital accounts.

Card variants and fee differences

Compare verified fee records across card forms and tiers

Cartão NovaDAX
Card formPhysical card
Fees
Monthly fee
Free
No monthly fee for the digital account
Card issuance fee
ATM fee
Foreign exchange fee
Top-up fee
Failed transaction fee
Rewards
Cashback
Crypto cashback
Staking rewards
Staking APR
Welcome bonus
Referral bonus
Limits
Daily spending limit
Monthly spending limit
ATM withdrawal limit
Card network

Fees may vary by region, card tier, and official policy. Verify the latest official terms.

Regions and China applicability

Application status based on public sources, official policy, and user reports. This is not application advice.

Available regions

Applications or normal card activation are supported

1
No Open Regions
Evidence
Officially supported

Unsupported or restricted regions

Applications or features are unavailable or restricted

1
Global
Evidence
Officially restricted

Unconfirmed regions

Evidence is insufficient

0

No records

Evidence
Public sources

China applicability

The source text is retained below.

Original

1、中国大陆:当前不可申请,卡片原本仅面向巴西居民且已于2024年停止运营,现无有效卡片可用于线上、线下或ATM交易。

2、香港:当前不可申请,香港居民不属于原有巴西发卡范围,且所有Cartão NovaDAX均已取消,现不能继续使用。

3、澳门:当前不可申请,澳门居民不属于原有巴西数字账户服务范围,卡片停运后也不存在有效支付或取现功能。

4、台湾:当前不可申请,台湾居民不符合原有巴西居民开户条件,卡片已停止运营,不能用于任何现行支付场景。

Updated: Aug 5, 2026

Policies may change at any time. Verify the latest issuer policy.

KYC requirements

Current identity-verification requirements and restrictions

KYC required

YesRequired

KYC level

Full KYCRequirement confirmed

Proof of address

YesRequired

Accepted documents

RG / CNH / CPF / Proof of address / Marriage certificate / Birth certificate / Certified lease agreement

Review time / regional limits

Basic registration takes about five minutes; full review of documents and face data takes up to about two business days.

KYC provider

Not publicly disclosed

Updated

Aug 5, 2026

Payment compatibility

Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy

Compatibility overview12 scenarios
Supported0
Not supported12
UpdatedAug 5, 2026

Wallet payments

Alipay

Not supported

Aug 5, 2026

Wallet payments

Apple Pay

Not supported

Aug 5, 2026

Cash services

ATM withdrawal

Not supported

Aug 5, 2026

AI tools

ChatGPT

Not supported

Aug 5, 2026

AI tools

Claude

Not supported

Aug 5, 2026

Wallet payments

Google Pay

Not supported

Aug 5, 2026

AI tools

Midjourney

Not supported

Aug 5, 2026

In-person payments

Offline POS

Not supported

Aug 5, 2026

Online shopping

Online shopping

Not supported

Aug 5, 2026

Wallet payments

PayPal

Not supported

Aug 5, 2026

Subscriptions

Subscription payment

Not supported

Aug 5, 2026

Wallet payments

WeChat Pay

Not supported

Aug 5, 2026

User reviews

Showing 10 approved reviews matched to this card

Newest first
Thiago Cabralgoogle_play1 / 5

NovaDAX - Buy & Sell Bitcoin Google Play review - 1 star

Uma safadeza total essa NovaDax!!! Pra depositar é fácil mas pra sacar é uma burocracia do crlh!!! CPF dá inválido, código do Google Authenticator dá erro, código do email dá erro. saem fora dessa plataforma enquanto há tempo. Isso aqui é furadaaaa
View original
Cristiane1995app_store1 / 5

Insatisfação

Não consigo cadastrar a conta corrente para saque, já mandei e-mail nunca fui respondida e não existe menu usuário pelo aplicativo. Insatisfeita com o aplicativo e com o serviço da NovaDAX
View original
Willjambeiroapp_store1 / 5

Problemas

Nao esta funcionando no meu iphone 14 pro
View original
Spielberg.123app_store1 / 5

não abre

depois de atualizar não abre ios
View original
SamuelF42app_store1 / 5

App não abre mais

Aplicativo fecha instantaneamente, não tenho acesso a minha conta
View original
chai puyoapp_store1 / 5

Aplicativo não abre

Estou tendo um problema com o aplicativo e não consigo nem abrir o suporte que fecha automaticamente
View original
SonnyAndersonapp_store1 / 5

O aplicativo não abre após última atualização.

Nunca tive problemas com a NovaDax, porém após última atualização o aplicativo não abre . Por favor ajustem isso!
View original
Avaliador Sincero.26app_store1 / 5

Pior atualização

Depois da atualização não abre mais o app. Abre e na mesma hora fecha. IOS
View original

Risk factors

Updated: Jul 25, 2026

No risk factors are available