Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled its latest innovation in crypto-friendly spending - the Bybit Physical Card. This development makes spending cryptocurrency more accessible and convenient for users, combining global reach with features tailored for both new and experienced crypto users.
Simplified Global Spending
Issued by Bybit Limited, the entity regulated by the Astana Financial Services Authority (AFSA) and in collaboration with S1LKPAY, the new Bybit Physical Card is now available to eligible international users. It allows seamless spending of cryptocurrency wherever Mastercard (NYSE:MA) is accepted, making it a practical choice for frequent travellers and for international payments.
Key Benefits
The Bybit Physical Card offers several features and enhanced user experience:
- Free Card Issuance and Delivery for VIPs: VIP users enjoy free issuance and delivery, while non-VIPs can obtain the card for $29.99. The card delivery period is five working days.
- No Annual or Monthly Fees: No hidden fees or recurring charges.
- 2% Cashback in USDT, AVAX: Cardholders earn rewards in popular cryptocurrencies with every eligible purchase.
- Up to 8% APR: The competitive APR adds extra value for holders.
- Samsung (KS:005930) pay, Google (NASDAQ:GOOGL) Pay and Digiseq Wearables integration: The card can be linked to Samsung Pay, Google Pay and Digiseq Wearables for faster and more convenient digital payments.
To get the Bybit Physical Card, users first apply for a Virtual Card. The Physical Card is designed to complement the Virtual Card by offering added flexibility and benefits for real-world transactions.
New Bybit Card cardholders can enjoy 10% cashback, capped at up to $300.
The Physical Card will be rolled out to users in phases. Those who are not currently eligible are encouraged to join the waitlist for updates.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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