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Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has officially launched its Bybit Physical Card exclusively for its Brazilian users, based on information shared with Finbold on Tuesday, January 7.
Building on the success of the virtual card introduced in September last year, the new product comes with Bybit Card’s full virtual and physical payment capabilities.
Exclusive benefits and widespread crypto support
The Bybit Physical Card allows Brazilians to seamlessly incorporate crypto into their everyday lives by supporting mainstream cryptocurrencies, including USDT, BTC, and ETH.
Furthermore, it grants a 2% cashback reward and several perks like free issuance and delivery, no monthly or annual fees, and full Apple Pay and Google Pay integration. Additionally, cardholders are eligible to earn up to an 8% annual percentage rate (APR) on eligible balances.
Joan Han, Bybit’s Sales and Marketing Director, welcomed the launch of the Bybit Card:
“The Bybit Card saw 3x growth in the number of users since our virtual card roll out in September, we are proud to bring our Physical Card to this dynamic community. By offering innovative solutions like the Bybit Card, we aim to empower our users to unlock the full potential of their digital assets.”
Eligible Brazilians first need to apply for the Bybit Virtual Card to enter the Physical Card application process. New users could still reap the benefits of the Welcome Offer, which grants 150 Brazillian reals (BRL) upon depositing 100 USDT.
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