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Cryptocurrency News Articles
Bybit Pay Goes Global: Seamless Crypto Payments Now Available in 15 Major Cryptocurrencies
May 14, 2025 at 12:38 am
DUBAI, UAE, May 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the next phase of crypto innovation
As the world’s second-largest cryptocurrency exchange by trading volume, Bybit is known for introducing cutting-edge crypto solutions. Today marks a new milestone with the global launch of Bybit Pay, an innovative crypto payment solution that first arrived in Brazil earlier this year.
Now available to all eligible global users of Bybit, the next stage of crypto integration has arrived.
Initially launched in January, Bybit Pay was presented at Web Summit Rio earlier this year, where thousands of attendees got their hands on the instant payment solution at the Bybit booth.
At the time, the platform was being rolled out to a select group of beta users in Brazil. Now, more than 70 million Bybit international users can live up their crypto lifestyle on the go with Bybit Pay as it launches to the wider global community.
The expansion removes the need for costly legacy intermediaries and physical cards—all one needs is a compatible mobile device.
A few days since its global launch, Bybit Pay has recorded over 40,000 transactions. The digital payment gateway allows users to make payments across a global network of merchants online and offline. It currently supports 15 mainstream cryptocurrencies including USDT, USDC, BTC, ETH, XRP, MNT, BNB, TON, and more.
With the launch of Bybit Pay, users can quickly and easily send and receive crypto with a few simple steps on the app.
To celebrate the launch of Bybit Pay, the exchange is hosting a Send & Earn event where users can register and stand a chance to win a share of 100,000 USDT in prizes.
The event runs now until May 30.
The Bybit Pay platform integrates wallet management functionalities for both fiat and crypto. It also includes advanced security features such as two-factor authentication (2FA) and email verification to ensure the safety of user funds.
Powered by blockchain technology, Bybit Pay transactions are tamper-proof thanks to on-chain encryption, which also optimizes security and user privacy.
Leveraging the instant finality of cryptocurrencies, Bybit Pay offers a seamless and secure on and off-ramp experience for senders and receivers of digital assets.
“Bybit is proud to play a role in advancing payment innovation with the global launch of Bybit Pay. It provides our users with an ultra user-friendly solution for their daily crypto spending and transaction needs, while Bybit gets to serve the broader community and bring more payment freedom and convenience to the underbanked,” said Krista Chan, Head of Marketing, Payment Business Unit at Bybit.
Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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