KEY TAKEAWAYS
- Bybit has integrated its card with Apple Pay, enhancing payment security and convenience for Brazilian users.
- The Bybit Card has experienced a 342% growth in Brazil, highlighting the country’s strong crypto adoption.
- Users benefit from zero fees, cashback rewards, and seamless crypto-to-fiat transactions with the Bybit Card.
Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has announced a significant enhancement for its users in Brazil. As of now, Bybit Card holders can integrate their cards with Apple Pay, allowing for secure and swift payments using Apple Pay’s built-in security features. This development was officially announced here.
Since its introduction in September 2024, the Bybit Card has seen a remarkable 342% growth in its user base in Brazil within just a few months. Brazil, known for its high crypto adoption rates, presents a dynamic market with increasing demands for sophisticated crypto on and off-ramp solutions.
The integration of Bybit’s advanced crypto offerings with the Mastercard network’s global reach and Apple Pay’s enhanced security and privacy standards provides Brazilian users with a seamless and borderless crypto payment experience. This integration enables contactless payments for in-store, in-app, and online purchases across Apple devices.
How to Set Up Bybit Card on Apple Pay
To utilize this new feature, users can add their Bybit Card to their Apple Wallet, granting them the convenience of crypto payments on their mobile devices. The Apple Pay integration allows users to pay with and purchase cryptocurrencies, bridging mainstream cryptocurrencies with numerous fiat currencies at competitive rates.
Apple Pay’s security features, such as Face ID, Touch ID, or passcodes, alongside dynamic security codes, ensure a secure transaction process. The use of unique Device Account Numbers, encrypted and stored in a Secure Element chip, keeps card details private and safe.
Benefits and Offers for Bybit Card Users
The Bybit Card offers several benefits, including regular cashback, flash rewards, and other incentives, making it a competitive option for everyday crypto payments. Key features include zero fees for card issuance and delivery, no annual or hidden fees, and 2-10% cashback in USDT, BTC, and ETH on eligible purchases.
Additionally, users can earn up to 8% APY and have instant access to virtual and physical cards. A welcome offer remains available for Brazilian users, where depositing 100 USDT unlocks 150 BRL.
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