The Bybit exchange has now made it easy for its users to buy cryptocurrencies on its platform.
Bybit, one of the world’s leading cryptocurrency exchanges, announced earlier today that it now supports crypto purchases using credit and debit cards. This implies that its users can now buy cryptocurrencies using fiat currencies via debit and credit cards.
In a press release shared with CoinJournal, Bybit explained that users can simply enter their details, agree to a quoted price, and make payments via the Visa or MasterCard system.
The cryptocurrency exchange said that it supports various fiat currencies including the euro, US dollar and pound sterling. The company said the service will be available to any eligible user with a Bybit account.
Ben Zhou, Co-Founder and CEO of Bybit, is excited about the launch of this new service. He said;
“Bybit users can now easily purchase crypto assets such as bitcoin, collect NFTs on our Marketplace, or deploy their capital in other ways to reach their personal financial goals. This integration brings the next level of convenience. so that users can access the world class liquidity and reliability that Bybit offers.”
To celebrate this new integration, the cryptocurrency exchange said it has waived fees on credit and debit card purchases for customers residing in the United Kingdom and the European Economic Area until May 17, 2022.
After this period, Bybit said that customers buying crypto on its exchange through the integration will enjoy some of the lowest fees for such a service in the industry, starting at 1.1% for purchases made from the EU. Is.
Bybit has been around since March 2018 and is known for offering a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service, and multilingual community support.
It has become one of the fastest growing crypto exchanges globally with presence in various European countries.