Bybit Launches 25+ Fiat Credit Card Crypto Purchases with Up to 10 USDT Cashback
Bybit has expanded its fiat on-ramp by enabling credit card purchases of crypto in over 25 local currencies. Users can instantly buy USDT, BTC, ETH and more with Visa or Mastercard, benefiting from real-time currency conversion and up to 10 USDT cashback. New customers receive an extra 5 USDT bonus on their first transaction in any newly supported fiat. Supported currencies include PKR, ETB, ARS, LKR and 21 others. To participate, users must complete Level 1 identity or business verification. The offer excludes residents of the European Economic Area and is subject to full terms and conditions.
Bullish
Expanding credit card crypto purchases in 25+ fiat currencies lowers barriers to entry and is likely to drive higher trading volumes for USDT, BTC and ETH. The real-time conversion feature and cashback incentives can boost short-term demand as traders capitalize on promotions. Over the long term, improved on-ramp accessibility can attract new retail participants, supporting sustained market growth and positive sentiment around major tokens.