The cryptocurrency exchange Bybit has announced the launch of the Bybit Card in the European Economic Area, marking an important step for everyday cryptocurrency usage.
Details of the Bybit Card Launch
Bybit, the second largest cryptocurrency exchange in the world by trading volume, has officially launched its card in the European Economic Area. The new product allows users to conveniently spend their digital assets at millions of merchants worldwide. The card's introduction is aimed at promoting the growing popularity of cryptocurrencies in Europe.
Features of the Bybit Card
The Bybit Card offers several advantages for users, including the ability to utilize BTC, USDC, and other cryptocurrencies, along with a rewards program. New users applying in September can enjoy 20% cashback on the first $100 spent with the card. Additional bonuses are also available for first transactions and referral rewards.
About Bybit EU
Bybit EU GmbH is the newly formed entity of Bybit operating under strict European regulations, including the Markets in Crypto-Assets Regulation (MiCAR). The company offers custody and exchange services for cryptocurrencies while adhering to high standards of security and investor protection.
The launch of the Bybit Card in Europe represents a significant step in making cryptocurrencies accessible for everyday transactions. This highlights Bybit’s commitment to expanding the use of digital assets in users' lives.