Bybit launches physical card to simplify global crypto spending

Bybit introduced a physical card for international users, according to a press release shared with Crypto.News.

This new Go through The card allows users to make payments anywhere MasterCard is accepted, filling the gap between digital assets and real world transactions.

Crypto expenses are traditionally limited to online transactions or exchanges. The new Bybit’s offer modifies by converting the crypto of users into traditional currency at the point of sale, by making crypto payments as transparent as the use of an ordinary flow card.

The physical card, published by Bybit Limited and regulated by Astana Financial Services Authority, is delivered with features designed for new and experienced cryptography users. VIP users receive the card for free, while others can get one for $ 29.99. There are no monthly or annual fees.

The advantages of the bybit card

Users earn 2% cashback in cryptocurrencies like Tether (USDT) and the avalanche (Avax) on eligible purchases. In addition, new card holders can get 10% cashback, capped at $ 300.

The card offers up to an annual percentage rate of 8% and fits into Samsung Pay, Google Pay and Digiseq Wearables for practical mobile payments.

To obtain the physical card, users must first request a virtual card. The physical card offers additional flexibility for transactions in person. Bybit deploys the card in phase, with a waiting list available for those who are not yet eligible.