Bybit Launches Physical Card: Revolutionizing Crypto Spending

Generated by AI AgentCoin World
Monday, Feb 17, 2025 5:28 am ET1min read

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has introduced the Bybit Physical Card, a new innovation aimed at simplifying cryptocurrency spending worldwide. This development is set to make cryptocurrency transactions more accessible and convenient for users, combining global reach with features tailored for both new and experienced crypto users.

The Bybit Physical Card, issued by Bybit Limited and regulated by the Astana Financial Services Authority (AFSA), is now available to eligible international users in collaboration with S1LKPAY. It allows seamless spending of cryptocurrency wherever Mastercard is accepted, making it a practical choice for frequent travellers and international payments.

The card offers several key benefits, including:

  • Free card issuance and delivery for VIP users, with a delivery period of five working days. Non-VIP users can obtain the card for $29.99.
  • No annual or monthly fees, ensuring no hidden charges or recurring costs.
  • Rewards in popular cryptocurrencies, such as USDT and AVAX, with every eligible purchase.
  • Competitive annual percentage rate (APR) for added value.
  • Integration with Samsung Pay, Google Pay, and Digiseq Wearables for faster and more convenient digital payments.

The Bybit Physical Card is designed to complement the existing Virtual Card, offering added flexibility and benefits for real-world transactions. New cardholders can enjoy 10% cashback, capped at up to $300. The Physical Card will be rolled out to users in phases, with those not currently eligible encouraged to join the waitlist for updates.

Bybit, founded in 2018, is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. 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.

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