World Crypto Global
- Written by: Jared Kirui
- Tue, 09 Jul 2024
- Israel
Cryptocurrency exchange Bybit has rolled out itsMastercard debit card in Argentina, promising convenience and rewards with thenew offering. According to a statement by the company today (Tuesday), this service will integrate digital assets with everyday transactions and promotefinancial inclusivity.Rapid Growth in Digital Assets"The introduction of the Bybit Card to Argentinasignifies an important milestone for both Bybit and the local community.Argentina's rapid growth in digital assets has created a demand for innovativesolutions that enhance financial inclusivity and convenience," said JoanHan, the Sales and Marketing Director of Bybit. "We are excited to bring the Bybit Card toArgentina, offering our users a unique opportunity to benefit from the growthof digital assets while enjoying the convenience of everyday spending."Mostranos tu diseño para Bybit Card de Argentina Creá un diseño original para la Bybit Card de Argentina y compartilo con nosotros. Podés estar entre los 3 ganadores y ganarte 1,000 USD en bonos. Participa acá https://t.co/Y4aNPJVrlE#Bybit #TheCryptoArk pic.twitter.com/70BZW11YlR Bybit Argentina (@BybitArgentina) July 8, 2024To mark this launch, Bybit is offering a 10,000 ARScard bonus to new users who apply for the Bybit Card. Additionally, users canreportedly receive up to 10% cashback on all their expenses. Existingcardholders can also benefit from an extra 10% cashback when they add theirBybit Card to major local payment platforms like Mercado Pago.The Bybit Card is created to link digital finance andeveryday transactions. Established in 2018, Bybit is the world's second-largestcryptocurrency exchange by trading volume, serving over 33 million usersglobally.Bybit Expands OfferingsRecently, Bybit announced that Bybit Card will introduce Apple Pay to its users to enable customers to avoid handing their payment card to someone else, touching physical buttons, or exchanging cash.According to the exchange, customers can hold theiriPhone or Apple Watch near a payment terminal to make a contactless payment. Eachtransaction is secured by authenticating with Face ID, Touch ID, ordevice passcode, as well as a one-time security code. Apple Pay is accepted ingrocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores,and many more places.Last month, Bybit surpassed Coinbase to become thesecond-largest cryptocurrency exchange in terms of volume, according to areport published by Kaiko. The report highlighted that Bybits market sharesurged from 8% in October 2023 to 16% in June 2024, the highest growth rateamong the top exchanges. This article was written by Jared Kirui at www.financemagnates.com.
