Bybit platform supports buying cryptocurrency using credit cards

Bybit platform supports buying cryptocurrency using credit cards

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Answer Bybit platform supports buying cryptocurrency using credit cards

Bybit has announced the launch of a credit and debit card payment system on its platform that will make buying cryptocurrency as simple as making any online purchase.

Ben Zaho, co-founder and CEO of Paybit, said:

Bybit platform supports the purchase of cryptocurrency using credit cards “Bybit users can now easily buy cryptocurrencies such as bitcoin, collect NFTs from our marketplace, or spread their capital in other ways to reach their personal financial goals.”

He continued:

“With security being our number one priority, we wanted Visa and Mastercard because they are ubiquitous and their excellent security, which is why we chose a service provider that can deliver. We are constantly adjusting our platform mechanics to improve security and the customer experience to provide the next level of trading for our users.”

Read:GateHub hacked and $9.5 million in XRP cryptocurrency stolen

Bybit supports many fiat currencies, including Euros, US dollars and UAE dirhams. The service is available to any eligible user with a Bybit account.

Bybit has canceled credit and debit card purchase fees for customers from the European Economic Area and the United Kingdom until May 17 in celebration of the new feature.

The company explained that customers who buy cryptocurrency on Bybit will enjoy reduced fees for this type of service after May 17, starting at 1.1% for purchases made from EU countries.

According to Blockchain News, “Bybit plans to launch more products this year, and one of the upcoming highlights is the annual Global Trade Series — which is similar to the World Cup for cryptocurrency traders.

Founded in 2018, Bybit offers a professional platform to help traders smooth cryptocurrency trading with excellent customer service and multilingual community support.

Read:Find out why the cryptocurrency market fell yesterday

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