Bybit launches credit and debit card payments

Bybit, the world’s most dynamically growing cryptocurrency exchange, has launched credit and debit card payments, Invezz learned from a press release.

This makes it possible for users to buy crypto with fiat directly with their credit or debit cards. It will also become easier to buy clothes, books, and other things online. All the user needs to do is enter their details, agree to a quoted price, and pay via Mastercard or Visa.

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Bybit supports euro, US dollar, pound sterling

The exchange supports a large number of fiat currencies, including the USD, euro, and pound sterling. The service will be available to anyone who holds a Bybit account.

Bybit waives fees on card purchases

Bybit waived all fees on debit and credit card purchases for UK and EEA customers until May 17, 2022 to celebrate this new integration.

After this period has expired, customers who buy crypto via this integration on Bybit will pay some of the lowest fees in the industry for this kind of service. They start as low as 1.1% for purchases made in countries in the European Union.

Ben Zhou, co-founder and CEO of Bybit commented:

Bybit users can now easily buy crypto assets such as Bitcoin, collect NFTs on our marketplace, or deploy their capital in other ways to reach their personal financial goals. This integration brings next level convenience, so users can access world class liquidity and reliability offered by Bybit.