Bybit Expands Global Reach With New Crypto Payment Card Offering

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As a seasoned analyst with a deep-rooted interest in cryptocurrencies and their real-world applications, I find myself thoroughly intrigued by Bybit’s latest venture – their crypto payment card. Having closely followed the ever-evolving landscape of digital currencies, I can confidently say that this development represents a significant step towards mainstream adoption.

According to Bybit, a leading global cryptocurrency exchange by trading volume, their newly introduced crypto payment card is set to expand its reach into additional international markets.

In certain regions, customers now have an effortless method to buy cryptocurrencies through the Bybit Card, a product developed in partnership with SILKPAY. This collaboration bridges the divide between daily spending and digital assets. The Bybit Card, overseen by Bybit Limited (AFSA), is issued and lets users spend their cryptocurrencies such as USDT, BTC, and ETH at any retailer that accepts Mastercard.

AFSA license

For the initial time, Bybit Limited (AFSA) – now fully licensed by the Astana Financial Services Authority (AFSA), is extending this service to international users. To commemorate this launch, Bybit is offering a special promotion where new users can receive up to $600 in cashback (equivalent to 10% on eligible purchases).

Using the Bybit Card involves no yearly or monthly fees, making it instantly accessible. Bybit’s Sales and Marketing Director, Joan Han, expresses the company’s enthusiasm about its growth, highlighting that the Bybit Card is increasingly recognized as a secure and hassle-free option for conducting cryptocurrency transactions.

Safe and effective transactions

The innovation that this partnership brings to the area was highlighted by SILKPAY CEO Gani Uzbekov, who emphasized safe and effective digital asset transactions. With this launch, Bybit’s expanding global reach is further demonstrated by the Bybit Card’s current availability in numerous markets across four continents. 

For those passionate about cryptocurrencies seeking an effortless and profitable method to use their digital money, the Bybit website provides details on qualifications and incentives regarding eligibility.

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2024-10-29 17:52