Bybit Kazakhstan and Bank CenterCredit have announced the launch of a new fiat channel that allows users to make seamless and secure deposits and withdrawals in Kazakhstani tenge.
Launch of New Fiat Channel
On June 18, 2025, Bybit Kazakhstan, the authorized entity of the cryptocurrency exchange Bybit, officially launched a fiat deposit and withdrawal channel in partnership with Bank CenterCredit. Users now have the ability to conduct transactions in Kazakhstani tenge (KZT) directly through their bank accounts.
Partnership for Digital Asset Development
The collaboration between Bybit Kazakhstan and Bank CenterCredit aims to support digital finance in the country. The bank is known for its fintech innovations, making it a reliable partner for expanding Bybit's local services. Michelle D., Head of Regulated Regions at Bybit, noted that the goal is to simplify access to digital assets for Kazakh users within a regulated framework.
User Offerings and Future Steps
The fiat channel is now live and accessible to users through Bybit Kazakhstan and Bank CenterCredit platforms. Additional local features and payment integrations are expected to be implemented soon.
The launch of the fiat channel by Bybit Kazakhstan and Bank CenterCredit confirms a commitment to the growth of digital assets in the region and offers users secure solutions for cryptocurrency transactions.
