Bybit Launches Bybit Card for Enhanced Crypto Spending Experience

Dubai, United Arab Emirates, October 29th, 2024, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has improved off-ramp experiences for crypto users with the launch of the Bybit Card. The card is officially open for registration in select regions and aims to allow digital asset investors to access, hold, and spend their cryptocurrencies easily.

In partnership with S1LKPAY, a Mastercard payment network principal member, Bybit is now accepting applications from customers of Bybit Limited, regulated by the Astana Financial Services Authority (AFSA). Following the full licensing obtained in September, this marks the first prepaid card issuance for international customers.

To celebrate, eligible users registering for the campaign will receive 10% cashback up to 600 USD for a limited time. The Bybit Card aims to simplify the integration of cryptocurrencies into everyday spending by enabling payments in multiple currencies wherever Mastercard is accepted globally.

With efforts throughout 2024, the Bybit Card is expanding to multiple markets across four continents.

> “Bybit is dedicated to bridging the gap between our customers’ digital assets and their real-world needs. As the Bybit Card continues to gain traction, it is recognized as a trusted, easy-to-use crypto payment solution, with more rewards and features planned soon,” said Joan Han, Sales and Marketing Director at Bybit.

> “SILKPAY is the first in the region to introduce digital asset payment technology. Our collaboration with Bybit merges our strengths to deliver faster, secure transactions through the Bybit Card, setting a new standard for innovation in the financial landscape,” said Gani Uzbekov, Founder and CEO of SILKPAY.

Key Features of the Bybit Card

• Free virtual card: No fees for the virtual Bybit Card
• No hidden charges: No annual or monthly fees
• Attractive rewards: Up to $600 in rewards during the promotional period, with 10% cashback, followed by 2-10% rebates and up to 8% APY
• Instant access: Virtual card available immediately for use
• Wide range of digital assets: Supports USDT, BTC, ETH, and more.

Users can learn more about qualification for rewards: Bybit Card – 10% Cashback and Card Bonuses

About Bybit

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, serves over 50 million users since its establishment in 2018. It offers a professional platform for trading with an ultra-fast matching engine, 24/7 customer service, and multilingual support. Bybit is also a proud partner of Formula One’s Red Bull Racing team.

For further details, visit Bybit Press or contact: [email protected]

For updates, follow Bybit's social media: Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube

About Mastercard

Mastercard is a global technology company in payments, focused on connecting and powering an inclusive digital economy that benefits everyone by making transactions safe and accessible. With connections across over 210 countries and territories, Mastercard aims to build a sustainable world offering priceless possibilities for all.

Mastercard Press Office in Kazakhstan
Tel: +7 (727) 264 67 37
[email protected]
Contact:
Head of PR: Tony Au, Bybit
[email protected]

This article was originally published on Chainwire.