Bybit Card Introduces Expanded Cashback in BTC and ETH
Bybit Card Introduces Expanded Cashback Options
Bybit, recognized as the second-largest cryptocurrency exchange globally by trading volume, is excited to unveil significant enhancements to its Bybit Card cashback program. Users can now choose to receive cashback in Bitcoin (BTC) and Ethereum (ETH), in addition to the previously available option of USDT. This novel feature is designed to allow users to amplify their BTC and ETH holdings, giving them the potential to benefit from favorable market movements.
New Cashback Features for Crypto Holders
The introduction of BTC and ETH cashback is part of a limited-time promotional strategy by Bybit. This approach aims to motivate users who support BTC or ETH by allowing them to accumulate these cryptocurrencies through everyday spending with their Bybit Card. Currently, this unique promotional offering combines flexibility and increased earnings potential, appealing specifically to the various preferences within the cryptocurrency community.
How to Obtain Cashback with Bybit
Participating in the cashback program is straightforward and involves a few simple steps:
- Sign Up: Users should sign up for the Bybit Card if it is available in their region.
- Choose Preferred Option: After logging in, users can select BTC or ETH as their cashback preference via the Cash Rewards page.
- Spend Wisely: By utilizing the Bybit Card for everyday purchases, users can earn up to 10% cashback.
Benefits of the Bybit Card Cashback Program
The Bybit Card is tailored to accommodate the diverse requirements of the crypto community. It allows users to navigate between crypto and stablecoin cashback options, aligning with their personal financial aspirations:
- Crypto Cashback: Opting for BTC or ETH cashback enhances the user's crypto portfolio with each transaction, targeting those who are optimistic about these leading cryptocurrencies.
- Stablecoin Cashback: For those drawn to predictability, USDT cashback offers a more stable rewards experience.
Quote from Bybit's Leadership
Joan Han, Bybit's Sales and Marketing Director, shares the company's vision: "Bybit's mission for an integrated financial future emphasizes convenience and addressing real-world consumer demands. With our enhanced cashback options, users can now grow their BTC and ETH holdings seamlessly through everyday spending. We are confident that this new feature will add value for our users, transforming the Bybit Card from just a payment tool into a means to participate in the burgeoning market potential."
Accessibility and Terms
The Bybit Card is engineered to empower users with a seamless way to off-ramp their crypto into daily purchases. With immediate access to over 90 million Mastercard merchants worldwide, this card supports an array of tokens and offers a tiered cashback program ranging from 2% to 10%. Note that the feature is available only to eligible Bybit Card users in applicable regions, and terms and conditions do apply.
About Bybit
Founded in 2018, Bybit has grown into the second-largest cryptocurrency exchange by trading volume, proudly serving over 50 million users globally. The platform stands out with its ultra-fast matching engine, 24/7 customer support, and a diverse multilingual community. Furthermore, Bybit has partnered with the renowned Formula One team, Oracle Red Bull Racing, further solidifying its presence in the cryptocurrency market.
Frequently Asked Questions
What is the Bybit Card cashback program?
The Bybit Card cashback program allows users to earn cashback in BTC or ETH, in addition to USDT, based on their daily spending.
How do I sign up for the Bybit Card?
Users can sign up for the Bybit Card through the official Bybit platform, provided it is available in their region.
What are the cashback percentages available?
The cashback percentages range from 2% to as high as 10%, depending on user activities and selections.
Can I switch between cashback options?
Yes, users can select their preferred cashback option, whether BTC, ETH, or USDT, through the Cash Rewards page.
Who can use the Bybit Card?
The Bybit Card is accessible to eligible users based on their geographic region, and availability may vary.
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