Bybit, the world’s second-largest cryptocurrency exchange, has announced it’s expanding its off-ramp services with the launch of the Bybit Card, according to the information shared with Finbold on Tuesday, October 29.
Available for registration in select regions, the Bybit Card simplifies how crypto users access, hold, and spend their digital assets in everyday transactions, underscoring Bybit’s commitment to advancing crypto accessibility worldwide.
To celebrate, newly registered users can benefit from a 10% cashback up to $600 for a limited period, with future rebates ranging from 2–10% and an annual percentage yield of up to 8%.
The Bybit Card
Launched in partnership with S1LKPAY — a Mastercard principal member specializing in Banking-as-a-Service (BaaS) and Card-as-a-Service (CaaS) — the Bybit Card is now available to customers of Bybit Limited, which operates under regulation from the Astana Financial Services Authority (AFSA).
Having obtained a full license in September, Bybit Limited has become the first platform to issue a prepaid card for international customers.
The Bybit Card also helps bring cryptocurrencies to the mainstream, enabling payments in multiple currencies — including USDT, BTC, and ETH — wherever Mastercard is accepted.
With no fees for the virtual card, Bybit eliminates the hidden costs, including annual or monthly charges, that are often associated with similar services.
Extending the reach of the Bybit Card
Bybit has been extending the reach of the Bybit Card since early 2024 and is now serving customers on four continents.
According to Joan Han, Bybit’s Sales and Marketing Director, Bybit is committed to ensuring digital assets can help users with their real-world financial needs.
Consequently, the Bybit Card is quickly gaining recognition as a secure and user-friendly crypto payment solution.