News

Bybit Card Now Expands Registration Support to More Regions

Key Points:

  • Bybit, in partnership with S1LKPAY, is expanding the global footprint of the Bybit Card to facilitate crypto spending.
  • Bybit is issuing its first branded card through Bybit Limited, which is regulated by the AFSA.
Bybit expanded its reach worldwide through the Bybit Card in partnership with S1LKPAY, an international payment solution provider.

Read more: Bybit Provisional License Now Approved in Dubai

Bybit Expands Global Reach Through Bybit Card and S1LKPAY Partnership

The new collaboration looks to improve crypto spending via the capabilities enabled by S1LKPAY, a principal member of the Mastercard network. The Bybit Card brings increased exposure to users on a daily basis regarding the perception of cryptocurrency use in financial transactions in many countries around the world.

Pre-registration for the Bybit Card is now available, with the first 1,000 applicants receiving a $10 bonus. This news comes hot off the heels of its popularity, which has established the card as a key way crypto-native users spend digital assets.

Users in markets such as Argentina, Brazil, and the Netherlands already trust security, customer support, and integration with the Mastercard network, which dwells unto the Bybit Card.

Bybit Card Offers Attractive Benefits, Including Cashback and APY

The latest round of this expansion is powered by Bybit Limited, which is under AFSA regulation. The card gives users low fees, cashback of up to 10%, and an APY of 8%, and the majority of tokens are supported on the card.

In conjunction with S1LKPAY, Bybit continues to improve user experience, providing both Banking-as-a-Service and Card-as-a-Service capabilities that allow in-app payment functions on the Bybit Mastercard prepaid card to work seamlessly.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Best Cryptos to Invest in November 2024: Solana (SOL), Cardano (ADA), and Rexas Finance (RXS)

Smart investors have chosen Solana, Cardano, and Rexas Finance among several clearly profitable cryptocurrencies to…

2 hours ago

Highly Anticipated Spot Solana ETFs Will Be Approved in 2025

Industry experts predict spot Solana ETFs may gain approval by late 2025, buoyed by a…

8 hours ago

Cantor Fitzgerald Will Acquire 5% Ownership Interest in Tether

Wall Street financial services giant Cantor Fitzgerald is all set to purchase a 5% stake…

8 hours ago

XRP Price Hits $1 Following Rumors Of Trump Meeting With Ripples CEO, What To Expect Next

The XRP price recently surpassed $1 after rumors sparked about Donald Trump meeting its CEO;…

9 hours ago

Navigating November’s Crypto Trends: What Makes Qubetics, Monero, and Celestia Stand Out?

Discover why Qubetics, Monero, and Celestia are among the best cryptos to buy in November…

12 hours ago

Best Altcoins to Buy Now: Qubetics Set For Weekly 10% Rise and Polygon Banks on Whale Activity Amid Avalanche Token Release

Discover the best altcoins to buy now: Qubetics soars with a weekly 10% rise, Polygon…

16 hours ago

This website uses cookies.