Cryptocurrency exchange Bybit announced the official launch of its Bybit Physical Card, which is exclusively available to users in Brazil. This card expands the functionality of the Bybit Card, allowing both virtual and physical payments, with the aim of better serving Brazilian users and reinforcing Bybit’s commitment to the Brazilian market.
“The Bybit Card saw 3x growth in the number of users since our virtual card rollout in September. We are proud to bring our Physical Card to this dynamic community,” said Joan Han, Sales and Marketing Director at Bybit, in a written statement. “By offering innovative solutions like the Bybit Card, we aim to empower our users to unlock the full potential of their digital assets,” he added.
The Bybit Physical Card offers Brazilian users a seamless way to integrate cryptocurrency into their everyday purchases, providing significant convenience for international spending. The card is designed to help users maximize their digital assets by offering a 2% cashback reward and supporting popular cryptocurrencies like USDT, BTC, and ETH. Additional benefits include free issuance and delivery, no annual or monthly fees, and compatibility with Apple Pay and Google Pay. Cardholders can also earn up to 8% APR on eligible balances.
In order to obtain the Bybit Physical Card, users must first apply for the Bybit Virtual Card, which is required to access the Physical Card application process. This initiative showcases Bybit’s dedication to offering accessible, user-friendly financial solutions to its expanding Brazilian user base.
Bybit Enhances User Experience With Crypto Asset Management
Bybit is a globally recognized platform known for its trading volume and a user base exceeding 50 million. It serves both cryptocurrency investors and traders, offering a variety of features like a high-speed matching engine, round-the-clock customer support, and multilingual services to deliver a seamless experience for users worldwide.
Recently, Bybit launched its Fixed Rate Loan service, which aims to provide users with greater control and predictability when managing their cryptocurrency assets. For the first time at Bybit, users can now access a peer-to-peer (P2P) loan service that offers fixed interest rates and terms. This new feature highlights Bybit’s continued focus on providing considerable value to its worldwide user base.
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