Bybit Enables Credit Card Crypto Buys in 25+ Fiat Currencies with Cashback

Bybit, the world’s second-largest crypto exchange by trading volume, has launched a limited-time event allowing users to buy cryptocurrencies—USDT, BTC, ETH and more—directly with Visa or Mastercard in over 25 local fiat currencies. The promotion offers up to 10 USDT cashback per transaction, plus a 5 USDT bonus for first-time purchases in newly supported currencies. Eligible users must complete Level 1 identity verification or business verification. The feature is accessed via Bybit’s “One-Click Buy” page and excludes customers in the European Economic Area. This move aims to streamline fiat-to-crypto on-ramps and broaden global access to digital assets.
Bullish
Bybit’s expanded fiat on-ramp with credit card support and cashback incentives is likely to boost retail participation and trading volumes. Similar initiatives from major exchanges have driven short-term spikes in deposits and trades. In the long term, easier access to crypto via familiar payment methods can foster sustained user growth and higher liquidity, supporting bullish sentiment for underlying tokens like USDT, BTC and ETH.