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1inch ends its prepaid card service, urging users to withdraw funds by Dec 18, 2026

Market News
20 Oct 2026
Crypto Briefing
View Source
Bearish
1inch ends its prepaid card service, urging users to withdraw funds by Dec 18, 2026

1inch is shutting down its 1inch Card prepaid Mastercard service for users in the European Economic Area and the UK, with a deadline to withdraw or spend remaining balances by December 18, 2026. The card, launched in April 2024, allowed users to convert crypto assets into spendable funds for everyday use. The funds are held by Monavate, a licensed electronic money institution, not 1inch, which means users have up to six years to redeem leftover balances after account closure. This move signals 1inch's shift away from consumer payment products to focus on its core decentralized exchange aggregation business.

The 1inch Card prepaid Mastercard service shutdown provides context for crypto market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 20, 2026 22:03 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 46 rose and 3 fell today. Notable movers include CRV (Curve DAO Token) at Rp6.812 with a 1-day change of +5.73% and Pluang order activity of 99% Sell / 1% Buy, MANA (Decentraland) at Rp1.588 with a 1-day change of +5.24% and Pluang order activity of 47% Sell / 53% Buy, and XTZ (Tezos) at Rp5.674 with a 1-day change of +4.34% and Pluang order activity of 0% Sell / 100% Buy.

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