Bybit, the second-largest cryptocurrency exchange globally, has launched the Bybit Physical Card, aiming to simplify crypto spending for users worldwide. This innovative card, issued in collaboration with S1LKPAY and regulated by the Astana Financial Services Authority, allows users to make purchases wherever Mastercard is accepted, ideal for travelers and those engaged in international transactions. Key features include free card issuance for VIPs, no hidden fees, 2% cashback rewards in popular cryptocurrencies, and integration with Samsung Pay and Google Pay. To obtain the card, users can apply for a Virtual Card first. Bybit continues to enhance user experience and promote accessibility in the evolving world of decentralized finance.
DUBAI, United Arab Emirates, Feb. 17, 2025 – Bybit, the world’s second-largest cryptocurrency exchange, has introduced an exciting new way to spend crypto: the Bybit Physical Card. This innovative product aims to make using cryptocurrency for everyday purchases easier and more practical for both novice and seasoned users.
Simplified Global Spending
The Bybit Physical Card, issued by Bybit Limited and regulated by the Astana Financial Services Authority, is now accessible to eligible users worldwide. Cardholders can conveniently make purchases anywhere that Mastercard is accepted, making it an ideal option for travelers or those making international payments.
Key Benefits
The Bybit Physical Card comes with a host of advantages to enhance the user experience:
– Free Card Issuance and Delivery for VIPs: VIP members can enjoy free issuance and delivery, while others can sign up for $29.99. Cards are delivered within five working days.
– No Annual or Monthly Fees: Unlike many traditional cards, this one has no hidden costs or recurring charges.
– 2% Cashback in USDT, AVAX: Earn rewards in popular cryptocurrencies with every purchase.
– Up to 8% APR: Users can benefit from competitive interest rates on their balances.
– Samsung Pay and Google Pay Integration: Link the card to these platforms for quick and easy digital transactions.
How It Works
To get started with the Bybit Physical Card, users first need to apply for a Virtual Card. The Physical Card complements the Virtual Card, providing additional flexibility and benefits for real-world spending.
Offering even more incentive, new cardholders can earn 10% cashback, which is capped at $300, when they sign up.
About Bybit
Founded in 2018, Bybit has grown to serve a global community of over 60 million users. The company focuses on fostering an open and user-friendly ecosystem in the decentralized finance space, bridging the gap between traditional finance and decentralized finance. For more information, visit www.bybit.com.
For more details about the Bybit Physical Card or to apply, check out the Bybit Press page.
Tags: Bybit, cryptocurrency, Bybit Physical Card, crypto payments, Mastercard, digital finance, cashback rewards, cryptocurrency exchange
What is the Bybit Physical Card?
The Bybit Physical Card is a new payment card that allows users to spend their crypto in everyday situations. It can be used anywhere that accepts regular debit or credit cards, making it easy to use your digital assets in real life.
Who can use the Bybit Physical Card?
The card is available for international users of Bybit. If you have an account and meet the requirements, you can apply for the card to access your funds easily.
How do I apply for the Bybit Physical Card?
To apply, log into your Bybit account and find the Physical Card section. Follow the instructions to submit your application. Once approved, you’ll receive your card in the mail.
Are there any fees associated with the Bybit Physical Card?
Yes, there may be fees for using the card, including withdrawal fees, transaction fees, or monthly maintenance fees. Be sure to check the fee schedule in the Bybit app for all details.
Can I use my Bybit Physical Card for online purchases?
Yes, the Bybit Physical Card can be used for online shopping wherever debit or credit cards are accepted. Just make sure you have enough crypto in your account to cover your purchases.
