Bybit, the world’s
second-largest cryptocurrency exchange by trading volume, recently celebrated
the second anniversary of the Bybit Card, a digital native solution for the
borderless crypto community, at an event at Bybit’s Dubai headquarters on Mar.
7. Since its launch in Sep. 2023, the Bybit Card has rapidly become one of the
fastest-growing cryptocurrency payment solutions worldwide, with over 1.5
million cards issued globally.
During the event, Bybit announced new product innovations,
market expansion plans, and user experience upgrades including:
· The
upcoming launch of a customizable, limited-edition Premium Metal Card for
selected users in the first half of 2025.
· All
cardholders can now benefit from an enhanced user experience, including an
improved rewards program, stronger fraud protection, a redesigned intuitive
dashboard, wearables connectivity, and complimentary family cards.
The planned enhancements cater to the diverse needs of
digital asset holders and their loved ones, further cementing Bybit’s
commitment to delivering superior financial products fit for the future of
economy.
“The issuance of 1.5 million Bybit Cards in just two years
highlights the rapid adoption and growing demand for cryptocurrency financial
solutions. We are proud to reach this milestone alongside Mastercard, our
long-term partner, and to leverage their robust global network as we expand
into new markets. As we continue to lead the next generation of fintech, our
focus remains on delivering seamless, secure, and cutting-edge solutions that
enhance our users’ financial flexibility and growth in an increasingly
connected world,” said Helen Liu, Chief Operating Officer at Bybit.
Available in both physical and digital versions, the card
allows users to minimize costly intermediaries and pay with crypto at any
Mastercard-accepting merchant, offering a seamless, secure way to manage and
spend cryptocurrency while benefiting from one of the highest cashback programs
in the crypto industry.
Backed by Mastercard’s global network, the card supports a
range of leading cryptocurrencies, including BTC, ETH, USDT, USDC, and XRP.
Users can pay using either crypto or fiat balances, with USD as the supported
fiat currency. The card also supports a growing list of cryptocurrencies,
including BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB, with additional options
expected in the near future.
“The financial world is evolving, and cryptocurrencies are
becoming an essential part of the global financial system. Our Mastercard Bybit
crypto card program is a bridge between the world of digital assets and
everyday payments, offering consumers more choice and the increased flexibility
to transact confidently.We are very happy to celebrate such a remarkable
milestone and look forward to working together in the future,” said Mete
Guney, Executive Vice President, Market Development, Mastercard, Eastern
Europe, Middle East and Africa.
Mete Guney (left), Executive VP, Market Development,
Mastercard, Eastern Europe, Middle East and Africa, Joan Han (middle), Head of
the Payment Business Unit at Bybit, and Oliver Silvey, Director, Head of Crypto
& Digital Assets, Mastercard, at Bybit Card’s second anniversary event on
Mar. 7, 2025 in Dubai.
To find out more about the Bybit Card and its multiple
rewards tracks, including premium lounge access, Netflix subscription perks,
exclusive 10% cashback for new users, and other seasonal benefits, users may
visit the Bybit Card.
About Bybit
Bybit (https://www.bybit.com/) 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.
