Bybit Expands Crypto Access With 25 Local Currencies

Bybit, a leading cryptocurrency exchange, has recently expanded its global reach by introducing a new feature that allows users to purchase digital assets using credit cards in over 25 local fiat currencies. This initiative aims to provide seamless access to cryptocurrencies for a broader audience, making it easier for individuals worldwide to enter the Web3 space. Users can now buy USDT, BTC, ETH, and other cryptocurrencies with just a few clicks, benefiting from real-time currency conversion and cashback rewards of up to 10 USDT. Additionally, new users making their first transaction in a newly accepted currency will receive an additional 5 USDT bonus, which can be stacked with the cashback reward.

The supported local currencies include PKR, ETB, ARS, LKR, RWF, AOA, KGS, MAD, AMD, TJS, ZMW, TZS, MZN, TMT, JOD, MWK, PYG, BTN, BHD, MVR, HNL, MGA, GTQ, CRC, and UYU. This move underscores Bybit's commitment to making cryptocurrency accessible to everyone, regardless of their location or financial background. By simplifying the process of converting local currencies into digital assets, Bybit is empowering more people to participate in the Web3 ecosystem with confidence and ease.

To participate in this initiative, users need to visit the “One-Click Buy” page on Bybit’s platform, select their desired digital asset and payment currency, and link a Visa or Mastercard. Eligible participants must have completed Level 1 Individual Identity Verification or Business Verification. This offer is not available to customers in the European Economic Area, and full terms and conditions apply.

Bybit, founded in 2018, serves a global community of over 70 million users and is renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools. The exchange is strategically partnered with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Bybit's focus on Web3 aims to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), empowering builders, creators, and enthusiasts to unlock the full potential of the decentralized world.

This initiative by Bybit is a significant step towards democratizing access to cryptocurrencies. By allowing users to purchase digital assets with their local currencies, Bybit is removing one of the major barriers to entry for many potential users. The cashback rewards and additional bonuses for new users further incentivize participation, making the platform more attractive to a wider audience. This move is likely to increase the adoption of cryptocurrencies in regions where access to digital assets has been limited due to currency restrictions or lack of infrastructure. Bybit's commitment to making crypto accessible everywhere is evident in this initiative, and it is expected to have a positive impact on the global cryptocurrency ecosystem.