Bybit crypto exchange has launched its Bybit Physical Card, exclusively for users in Brazil. This initiative enhances the integration of crypto into everyday transactions, allowing Brazilian users to utilize their digital assets for global spending. The card supports major cryptocurrencies, including USDT, BTC, and ETH, and offers a 2% cashback reward on purchases.
In addition to its financial benefits, the Bybit Physical Card features no annual or monthly fees, free issuance and delivery, and compatibility with payment platforms like Apple Pay and Google Pay. Users can also earn up to 8% APR on eligible balances, making it an attractive option for cryptocurrency holders.
Joan Han, Bybit’s Sales and Marketing Director, highlighted the card’s success, noting a threefold increase in users since the introduction of the virtual card in September. This growth underscores Bybit’s commitment to empowering users and maximizing the potential of their digital assets.
To acquire the Bybit Physical Card, users must first apply for the Bybit Virtual Card, which serves as a prerequisite for the physical card application.
This move reflects Bybit’s dedication to providing accessible financial tools tailored to the needs of its expanding user base in Brazil. Additionally, new users can take advantage of a Welcome Offer, which rewards them for their initial deposit.