BYBIT, one of the world’s largest cryptocurrency exchanges, offers users a way to launch debit cards across the European Economic Area (EEA) and use digital assets with merchants connected to the Mastercard payment network.
BYBIT EU cards support spending on Bitcoin, USDC and other cryptocurrencies, allowing users to link their cards to Apple Pay and withdraw Google Pay or Google Pay or Google at ATMs. The exchange says the card is designed under the regulatory framework of crypto assets (MICAR) under the European market.
To mark the rollout, BYBIT is offering 20% cashback to new customers at their September purchases. The promotion also includes a 5 euro bonus for initial transactions and referral rewards. Beyond the launch campaign, the card features subscription rebates like Netflix and Spotify, seasonal travel and lifestyle rewards, and annual fees.
Bybit says that over 2 million cards are already in circulation worldwide. By expanding to Europe, the exchange is positioned to take advantage of a market where regulators have begun to set clearer rules for crypto funding.
“There are months where decades happen, and the digital asset industry is having that moment, thanks to increased clarity in regulations and increased grassroots adoption and grassroots adoption.”
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
