Crypto exchange Bybit, is launching a new physical Bybit Card in Brazil, following the success of its virtual offering which aims to remove barriers to everyday crypto sending.
Bybit users in Brazil can now pre-register interest, with free card issuance on offer for a limited time. The crypto exchange has explained that it continues its mission to improve the accessibility of financial solutions to its global user base.
Brazilian users can unlock early access to the physical card before the general release in two steps:
- Apply for a virtual card and wait for approval;
- Sign in and pre-register to secure the physical card for free.
From now until the end of 2024, new users may also benefit from a generous welcome offer: successful applicants can unlock a 150 BRL reward by depositing 100 USDT and spending with the card.
“We are pleased to bring the Bybit Card experience in physical form for our customers in Brazil,” explained Joan Han, sales and marketing director of Bybit. “The Bybit Card has seen exponential growth this year and it would not have been possible without the support and trust of our users across four continents. We hope the physical card will accompany them on their journey when they make daily purchases and travel the world.”
Available virtually since September 2024, the Bybit Card aims to enhance access to everyday crypto spending for over 28,000 users in Brazil. A strategic market in Latin America, Brazil has shown increasing demands for crypto assets in the private as well as public sectors, making reliable and convenient off-ramp solutions a necessity as crypto adoption rises.
Bybit hopes the physical card will plug the gap between crypto holdings and global spending. The card boasts a number of benefits including no fees for card issuance and delivery; no annual or hidden fees; two per cent cashback on USDT, BTC and ETH on eligible purchases; and up to eight per cent APY.