Bybit celebrates 1.5 million crypto cards issued, announces new features at Dubai event

Key takeaways

• Bybit has issued 1.5 million crypto cards since its launch in September 2023, providing users with seamless cryptocurrency payments.
• A limited-edition Premium Metal Card will launch in the first half of 2025, alongside enhancements such as wearables support and a redesigned dashboard.
• Bybit’s Mastercard-powered card allows payments in crypto or fiat at any Mastercard-accepting merchant, with support for BTC, ETH, USDT, USDC, and more.

Bybit Card reaches milestone, introduces new upgrades

Bybit, one of the largest cryptocurrency exchanges by trading volume, recently marked the second anniversary of its Bybit Card with a special event at its Dubai headquarters. Since launching in September 2023, the Bybit Card has been adopted by over 1.5 million users, making it one of the fastest-growing crypto payment solutions.

During the event, Bybit announced a series of upgrades aimed at improving the user experience. A key highlight was the upcoming release of a Premium Metal Card, set to launch in the first half of 2025, offering selected users an exclusive payment option.

Other improvements include a redesigned dashboard, enhanced fraud protection, better rewards programs, support for wearables, and the introduction of complimentary family cards. These updates are designed to provide greater flexibility and security for users managing their digital assets.

"The issuance of 1.5 million Bybit Cards in just two years highlights the rapid adoption and growing demand for cryptocurrency financial solutions. We are proud to reach this milestone alongside Mastercard, our long-term partner, and to leverage their robust global network as we expand into new markets. As we continue to lead the next generation of fintech, our focus remains on delivering seamless, secure, and cutting-edge solutions that enhance our users' financial flexibility and growth in an increasingly connected world." — Helen Liu, Chief Operating Officer at Bybit

A growing ecosystem for crypto payments

The Bybit Card is available in both physical and digital formats, enabling users to make payments at any Mastercard-accepting merchant while minimizing intermediaries. Users can spend cryptocurrency or fiat, with USD as the supported fiat currency.

The card currently supports major cryptocurrencies, including BTC, ETH, XRP, USDT, USDC, TON, MNT, and BNB, with plans to expand the list further.

Mete Guney, Executive Vice President of Market Development at Mastercard, commented on the partnership by saying that cryptocurrencies are becoming an integral part of the financial system and that the Mastercard Bybit crypto card program serves as a bridge between digital assets and everyday payments, offering consumers greater choice and flexibility.

Bybit also offers a range of benefits for cardholders, such as cashback incentives, access to premium lounges, and special promotions, including a 10% cashback offer for new users. If you are interested in the Top 5 Crypto Credit Cards, feel free to compare them and find out which card best suits your needs.

The future of crypto payments

Bybit’s rapid adoption of its crypto card reflects the increasing role of digital assets in everyday transactions. With ongoing product enhancements and a focus on security and usability, the company aims to provide users with more efficient ways to manage and spend cryptocurrency. As Bybit expands its global reach, its partnership with Mastercard continues to play a crucial role in making crypto payments more accessible.

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