Bybit Card Holders Can Now Earn Cashback Rewards in USDC

Bybit, the world's second-largest cryptocurrency exchange by trading volume, now offers cashback in both of the dominant USD-denominated stablecoins

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of USDC cashback for Bybit Card holders. In addition to BTC, USDT, and ecosystem partner token AVAX, cardholders may now choose to earn rewards in USDC, one of the dominant USD-denominated stablecoins, through daily spending.

Starting April 18, 2024, Bybit Card holders will be able to diversify their cashback earnings into USDC. Once approved, new users will receive a virtual card compatible with Apple Pay or Google Pay, and be invited to choose a default cashback option on the Card Rewards page after logging in.

Depending on the cardholder’s VIP level, they may receive up to 10% or $150 in cashback for eligible spending.

One of the most popular stablecoins worldwide, USDC is a game-changing financial innovation with standout features:

“The Bybit Card is about crafting an inclusive experience for our diverse customers. The introduction of the USDC cashback option is tailored for cardholders prioritizing stable returns, and we are looking to expand the range of rewards as the Bybit Card continues to grow,” said Joan Han, Head of the Payment Business Unit at Bybit.

With more than 1.7 million cards issued globally, the Bybit Card offers a nimble solution for users to top up, spend, and earn yield and rewards, with their digital assets. Bybit Card holders are swipes away from their payment and spending needs with the virtual or physical card, accessible anywhere within the global Mastercard network.

Key Features of the Bybit Card:

* High cashback rates: Earn up to 10% or $150 in cashback on eligible spending.

* Variety of cashback options: Choose from BTC, USDT, USDC, AVAX, or Bybit partner tokens.

* No monthly fees: Enjoy fee-free card usage with no hidden charges.

* Global acceptance: Make seamless purchases at millions of merchants worldwide.

* Virtual card for Apple Pay and Google Pay: Quickly integrate the card with your preferred mobile wallet.