Bybit EU Introduces Exciting Bitcoin Cashback Feature
Bybit EU is thrilled to announce a novel initiative that brings Bitcoin cashback to users through the Bybit Card. This unique offering allows shoppers to earn rewards in Bitcoin on their routine purchases, transforming ordinary spending into potential cryptocurrency gains.
Catering to Everyday Expenses
With the newly implemented cashback feature, users can enjoy earning between 2% and up to 10% cashback in Bitcoin based on their specific rewards tier. This innovative system lets individuals build their Bitcoin holdings gradually, using their everyday expenses like groceries and travel.
User-Friendly Experience
“This method integrates crypto into the lifestyle of the average consumer,” commented Mazurka Zeng, Co-CEO of Bybit EU. “Rather than requiring our users to trade actively, we provide a seamless opportunity to accumulate Bitcoin through their regular transactions, making it accessible for both enthusiastic and cautious individuals.”
The cashback earned automatically credits daily to the users' Funding Accounts and can be chosen as Bitcoin directly through their Bybit EU account. Users can navigate the card section easily to select Bitcoin as their preferred cashback token without changing how rewards are determined.
Accessibility and Convenience
The Bybit Card is available to eligible participants throughout the EEA and can be utilized anywhere Mastercard is accepted. With no annual fees, the card supports integration with Apple Pay and Google Pay, and users can request a complimentary physical card. Cardholders get the full flexibility to receive their cashback in USDC or Bitcoin.
New Card Design for Europe
In addition to launching the Bitcoin cashback feature, Bybit EU is unveiling an exclusive new design for the physical card tailored for European users.
Moreover, new users may have the opportunity to benefit from a limited-time promotion, offering up to 10% cashback in Bitcoin for particular spending categories, limited to €150 in total value. This initiative invites more individuals to explore the advantages of cryptocurrency in their daily lives.
Embedding Crypto into Everyday Transactions
This launch is a significant part of Bybit EU's broader strategy to enhance user interaction with crypto in a frictionless manner. By integrating features like Recurring Buy and Dollar-Cost Averaging with the Bybit Card's rewards program, users can engage with digital currency step-by-step, utilizing familiar financial behaviors that resonate with them.
About Bybit EU
Bybit EU GmbH, a new entity, is focused on providing exceptional services to clients across the European Economic Area (EEA), excluding Malta, via the Bybit.eu platform. As a licensed Crypto-Asset Service Provider under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU is dedicated to offering fully regulated services such as crypto custody, exchange, and rewards products, while ensuring compliance with European regulations that protect investors and maintain market integrity.
The services authorized for Bybit EU GmbH include custody and administration of crypto assets, exchanges for funds and cryptocurrencies, placement of crypto assets, and transfer services for clients' crypto assets. Notably, Bybit EU GmbH does not operate a trading platform for crypto assets and does not provide investment advice.
Frequently Asked Questions
What is the Bitcoin cashback feature from Bybit EU?
The Bitcoin cashback feature allows users to earn Bitcoin rewards on everyday purchases like groceries and travel, turning spending into potential earnings.
How much cashback can users earn?
Users can earn between 2% and 10% cashback in Bitcoin, based on their rewards tier.
Where can the Bybit Card be used?
The Bybit Card can be used at any location where Mastercard is accepted across the EEA.
Are there any fees associated with the Bybit Card?
No, there are no annual fees for using the Bybit Card.
How can users receive their cashback?
Users can select Bitcoin or USDC as their preferred option for receiving cashback, credited daily to their Funding Accounts.
