Investing.com - Financial Markets Worldwide
Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Bybit Card Expands Cashback Options to Include BTC and ETH

Published 10/21/2024, 12:20 PM
Updated 10/21/2024, 01:00 PM
© Reuters. Bybit Card Expands Cashback Options to Include BTC and ETH
ORCL
-
MA
-
META
-
BTC/USD
-
ETH/USD
-
USDT/USD
-

Dubai, United Arab Emirates, October 21st, 2024, Chainwire

Bybit, the world's second-largest cryptocurrency exchange by trading volume, is thrilled to announce the expanded cashback program for its signature Bybit Card. In addition to the current option to receive cashback in USDT, Bybit Card users may opt to receive BTC or ETH cashback for the first time, enabling holders to increase BTC or ETH holdings and potentially capture market upside when prices go up.

The limited-time offer is an innovative Bybit Card feature to introduce more rewards options into the mix, rotating different tokens with each campaign. From now until the rewards pool is fully unlocked, users who are bullish on BTC or ETH can potentially boost their holdings through everyday spendings with their Bybit Card.

Receiving cashback in these two dominant cryptocurrencies takes just three steps:

  • Signing up for the Bybit Card (if available in the user's region)
  • Loging in and selecting BTC or ETH as the preferred cashback option via the Cash Rewards page
  • Spending with the Bybit Card for daily purchases and reveiving up to 10% cashback
    • Tailored to the diverse needs of the crypto community, the Bybit Card is positioned to provide flexibility with both crypto cashback or stablecoin (USDT) cashback. This allows users to align their rewards strategy with their financial goals:

    • BTC or ETH cashback goes to the user's crypto portfolios with every swipe, capturing potential market gains for crypto optimists and fans of the classic pair.
    • USDT cashback offers more predictable rewards, providing a potential option for users who prioritize stability over market exposure
    "Bybit's vision for an integrated financial future centers on delivering convenience, meeting real-world consumer needs, and providing seamless access to crypto assets," said Joan Han, Sales and Marketing Director at Bybit. "With our expanded cashback options, users can now grow their BTC and ETH holdings through everyday spending. We believe the new feature is a value-add for our users, transforming the Bybit Card from a simple payment tool into a gateway for users to participate in the market’s potential upside.”
    The Bybit Card empowers users to offramp their crypto in daily spendings. Featuring instant access to over 90 million Mastercard (NYSE:MA) merchants worldwide and Bybit’s support for a wide array of tokens, the card also offers a generous tiered cashback program, with rewards ranging from 2% to 10%.

    The feature is available for eligible Bybit Card users in applicable regions only.

    Terms and conditions apply: Bybit Card - BTC/ETH Crypto Cashback

    #Bybit / #TheCryptoArk

    About BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.For more details about Bybit, please visit Bybit Press. For media inquiries, please contact: media@bybit.comFor more information, please visit: https://www.bybit.comFor updates, please follow: Bybit's Communities and Social MediaDiscord | Facebook (NASDAQ:META) | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeContactHead of PRTony Autony.au@bybit.com

    This article was originally published on Chainwire

    Latest comments

    Install Our App
    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    © 2007-2024 - Fusion Media Limited. All Rights Reserved.