Bybit Card Hits 1.5 Million Issued, Expands Crypto Payment Solutions

Bybit, a prominent cryptocurrency exchange, celebrated the second anniversary of its Bybit Card, a digital payment solution designed for the global crypto community. The event, held at Bybit's Dubai headquarters, marked a significant milestone with over 1.5 million cards issued since its launch in September 2023. This rapid growth underscores the increasing demand for cryptocurrency financial solutions.

The anniversary event highlighted several new product innovations and user experience upgrades. Bybit announced the upcoming launch of a customizable, limited-edition Premium Metal Card for selected users in the first half of 2025. Additionally, all cardholders will benefit from an enhanced user experience, including an improved rewards program, stronger fraud protection, a redesigned intuitive dashboard, wearables connectivity, and complimentary family cards. These enhancements are aimed at catering to the diverse needs of digital asset holders and their loved ones, further solidifying Bybit's commitment to delivering superior financial products for the future economy.

Helen Liu, Chief Operating Officer at Bybit, expressed pride in reaching this milestone alongside Mastercard, their long-term partner. She emphasized the importance of leveraging Mastercard's robust global network to expand into new markets and deliver seamless, secure, and cutting-edge solutions that enhance users' financial flexibility and growth in an increasingly connected world.

The Bybit Card, available in both physical and digital versions, allows users to pay with crypto at any Mastercard-accepting merchant, offering a seamless and secure way to manage and spend cryptocurrency. The card supports a range of leading cryptocurrencies, including BTC, ETH, USDT, USDC, and XRP, with additional options expected in the near future. Users can pay using either crypto or fiat balances, with USD as the supported fiat currency.

Mete Guney, Executive Vice President of Market Development at Mastercard for Eastern Europe, Middle East, and Africa, highlighted the evolving financial world and the increasing importance of cryptocurrencies. He noted that the Mastercard Bybit crypto card program serves as a bridge between digital assets and everyday payments, offering consumers more choice and flexibility to transact confidently. Mastercard looks forward to continuing its partnership with Bybit to achieve future milestones.

Bybit, founded in 2018, is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. The exchange is committed to creating a simpler, open, and equal ecosystem for everyone, with a strong focus on Web3. Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between traditional finance and decentralized finance, empowering builders, creators, and enthusiasts to unlock the full potential of Web3.