Bybit integrates debit/credit cards for buying crypto by CoinQuora
Bybit integrates debit/credit cards for buying crypto
- Bybit introduces credit and debit card payments to buy cryptocurrencies.
- The service helps users access the world-class liquidity and reliability offered by Bybit.
- Also, it makes crypto shopping as easy as buying other regular products online.
Bybit, one of the fastest growing crypto exchanges in the world, has launched credit and debit card payments for purchasing cryptocurrencies. This new venture will allow users to purchase crypto directly with their credit or debit cards using fiat currencies.
Bybit CEO and co-founder Ben Zhou said:
Bybit users can now easily purchase crypto assets such as , collect NFTs from our marketplace, or deploy their capital in other ways to achieve their personal financial goals. This integration brings next-level convenience, so users can access the world-class liquidity and reliability offered by Bybit.
In detail, Bybit’s new service aims to make buying crypto as easy as buying books and clothes online. Additionally, the process of using a credit card is simple, so users only need to enter their details, accept a quoted price, and pay through Mastercard (NYSE:) or Visa (NYSE :). Of note, Bybit supports a range of fiat currencies, including Euro, US Dollar, and British Pound. The service will be available to any eligible user with a Bybit account.
Additionally, Bybit has reduced fees on credit or debit card purchases to celebrate this new integration. To clarify, customers in the European Economic Area and the United Kingdom are exempt from these fees until May 17, 2022. However, after this period, customers who buy crypto on Bybit via credit card mode / throughput will benefit from some of the lowest charges for the service. This commission would start at 1.1% for purchases made from the European Union.
Bybit is a cryptocurrency exchange established in March 2018. The platform offers crypto traders to find a super-fast matching engine, excellent customer service, and multilingual community support. It provides innovative online spot and derivatives trading services, mining and staking products, NFT market and API support.