how to pay with bybit card

The Bybit Card provides users with a seamless method to utilize their crypto holdings, enabling payments at over 50 million worldwide merchants by converting selected cryptocurrencies into fiat currency transactions.

Nov 03, 2024 at 12:38 pm

How to Pay with Bybit Card

The Bybit Card is a cryptocurrency debit card that allows users to spend their crypto assets in the same way they would with a traditional debit card. The card is accepted at over 50 million merchants worldwide and supports a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and USDT.

To pay with your Bybit Card, you will need to:

Top up your Bybit Card with cryptocurrency. You can do this by sending crypto from your Bybit account to your Bybit Card address.
Activate your Bybit Card. Once your card is topped up, you will need to activate it before you can use it. You can do this by following the instructions in the Bybit Card app or on the Bybit website.
Use your Bybit Card to make payments. You can use your Bybit Card to make purchases anywhere that accepts Visa or Mastercard. When you use your card, the cryptocurrency in your Bybit Card wallet will be converted to fiat currency and the merchant will receive the equivalent amount in their local currency.

Benefits of using the Bybit Card

There are several benefits to using the Bybit Card, including:

Convenience: The Bybit Card makes it easy to spend your crypto assets anywhere that accepts Visa or Mastercard.
Security: The Bybit Card is protected by state-of-the-art security measures, including 3D Secure and chip-and-PIN technology.
Rewards: You can earn Bybit Points on every purchase you make with your Bybit Card. These points can be redeemed for discounts on fees and other benefits.

Fees associated with the Bybit Card

There are a few fees associated with the Bybit Card, including:

Issuance fee: $10
Monthly maintenance fee: $0
ATM withdrawal fee: 2% of the amount withdrawn
Foreign exchange fee: 0.1% of the amount converted

Conclusion

The Bybit Card is a convenient and secure way to spend your crypto assets. The card is accepted at over 50 million merchants worldwide and supports a wide variety of cryptocurrencies. There are a few fees associated with the card, but these fees are competitive with other cryptocurrency debit cards.

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