Bybit, the world’ssecond-largest cryptocurrency exchange by trading volume, recently celebratedthe second anniversary of the Bybit Card, a digital native solution for theborderless crypto community, at an event at Bybit's Dubai headquarters on Mar.7. Since its launch in Sep. 2023, the Bybit Card has rapidly become one of thefastest-growing cryptocurrency payment solutions worldwide, with over 1.5million cards issued globally.

During the event, Bybit announced new product innovations,market expansion plans, and user experience upgrades including:

· Theupcoming launch of a customizable, limited-edition Premium Metal Card forselected users in the first half of 2025.

· Allcardholders can now benefit from an enhanced user experience, including animproved rewards program, stronger fraud protection, a redesigned intuitivedashboard, wearables connectivity, and complimentary family cards.

The planned enhancements cater to the diverse needs ofdigital asset holders and their loved ones, further cementing Bybit'scommitment to delivering superior financial products fit for the future ofeconomy.

“The issuance of 1.5 million Bybit Cards in just two yearshighlights the rapid adoption and growing demand for cryptocurrency financialsolutions. We are proud to reach this milestone alongside Mastercard, ourlong-term partner, and to leverage their robust global network as we expandinto new markets. As we continue to lead the next generation of fintech, ourfocus remains on delivering seamless, secure, and cutting-edge solutions thatenhance our users' financial flexibility and growth in an increasinglyconnected world,” said Helen Liu, Chief Operating Officer at Bybit.

Available in both physical and digital versions, the cardallows users to minimize costly intermediaries and pay with crypto at anyMastercard-accepting merchant, offering a seamless, secure way to manage andspend cryptocurrency while benefiting from one of the highest cashback programsin the crypto industry.

Backed by Mastercard’s global network, the card supports arange of leading cryptocurrencies, including BTC, ETH, USDT, USDC, and XRP.Users can pay using either crypto or fiat balances, with USD as the supportedfiat currency. The card also supports a growing list of cryptocurrencies,including BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB, with additional optionsexpected in the near future.

“The financial world is evolving, and cryptocurrencies arebecoming an essential part of the global financial system. Our Mastercard Bybitcrypto card program is a bridge between the world of digital assets andeveryday payments, offering consumers more choice and the increased flexibilityto transact confidently.We are very happy to celebrate such a remarkablemilestone and look forward to working together in the future,” said MeteGuney, Executive Vice President, Market Development, Mastercard, EasternEurope, Middle East and Africa.

Mete Guney (left), Executive VP, Market Development,Mastercard, Eastern Europe, Middle East and Africa, Joan Han (middle), Head ofthe Payment Business Unit at Bybit, and Oliver Silvey, Director, Head of Crypto& Digital Assets, Mastercard, at Bybit Card’s second anniversary event onMar. 7, 2025 in Dubai.

To find out more about the Bybit Card and its multiplerewards tracks, including premium lounge access, Netflix subscription perks,exclusive 10% cashback for new users, and other seasonal benefits, users mayvisit the Bybit Card.

About Bybit

Bybit (https://www.bybit.com/) is the world’ssecond-largest cryptocurrency exchange by trading volume, serving a globalcommunity of over 60 million users. Founded in 2018, Bybit is redefiningopenness in the decentralized world by creating a simpler, open and equalecosystem for everyone. With a strong focus on Web3, Bybit partnersstrategically with leading blockchain protocols to provide robustinfrastructure and drive on-chain innovation. Renowned for its secure custody,diverse marketplaces, intuitive user experience, and advanced blockchain tools,Bybit bridges the gap between TradFi and DeFi, empowering builders, creators,and enthusiasts to unlock the full potential of Web3.