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 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 Bybit
Bybit 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 Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
Contact
Head of PR
Tony
Au
tony.au@bybit.com