Bybit Card

Bybit is one of the leading cryptocurrency exchanges, founded in 2018, offering a wide range of services, including spot and derivatives trading, staking, an NFT marketplace and other financial products.

On March 6, 2023, Bybit announced its own crypto debit Mastercard, which allows users to spend cryptocurrency directly in stores and online, converting it into fiat in real time. By early 2025, the number of users of this card had already exceeded 1 million worldwide.

The Bybit Card is available in both virtual and physical formats and is supported in countries of the European Economic Area (EEA) and Switzerland.

Features and benefits

Bybit Card is a debit card of the Mastercard payment system that allows users to spend their cryptocurrencies anywhere Mastercard is accepted. The card offers the following features:

• Users can order both a virtual and a physical (plastic) version of the card.
• The card supports multiple cryptocurrencies for payments, converting them into fiat currencies to complete transactions.
• Bybit Card offers cashback on selected purchase categories with a rate from 2% to 10%, with a maximum monthly cashback of 600 USDT.
• The card has no annual or inactivity fees, making it attractive to users.
• Transaction protection using EMV 3-D Secure technology.
• Loyalty program with rewards.
• 24/7 multilingual customer support.
• Competitive interest rate up to 8% per annum on stored funds.
• Free issuance and delivery for VIP users.

Bybit strives to provide users around the world with the opportunity to participate in the digital asset revolution

Ben Zhou

CEO of Bybit

Bybit card related, Bybit is to almost all of the regions that we service, please try to apply one. Bybit card is one of the most attractive crypto card out there with massive cashback and yield while you not spend your crypto — Ben Zhou on X.

How to apply for and receive a Bybit Card?

To get a Bybit Card, follow these steps:

1. Register on Bybit:

• Go to the official Bybit website or download the mobile app.
• Create an account by providing the required information.

2. Complete verification (KYC):

• Log into your account.
• Go to the “Verification” section and provide the necessary documents to confirm your identity.

3. Apply for a virtual card:

• In the app or on the website, go to “Finance” → “Card”.
• Click “Apply” and select your country of residence.
• After successful verification, your virtual card will be activated.

4. Order a physical card (optional):

• After receiving the virtual card, go to the “Card” section and click “Order physical card”.
• Enter the name to be printed on the card (up to 21 Latin characters) and your delivery address.
• Set a PIN code for the card.
• Pay the issuance fee (if not a VIP user).

5. Receive and activate the card:

• After delivery of the physical card, activate it via the Bybit app or website.

Fees and limits

Fees:

• Physical card issuance: 10 EUR (free for VIP users).
• Monthly and annual maintenance fee: none.
• Transaction fees: depend on the card type and region.
• Cryptocurrency-to-fiat conversion: 0.9% fee.
• ATM withdrawals: 2%.

Limits:

• Maximum ATM withdrawal per day: 2000 EUR.
• Daily card transaction limit: from 5000 EUR to 15.000 EUR (depending on tier).
• Monthly card transaction limit: from 10.000 EUR to 50.000 EUR (depending on tier).
• Annual card transaction limit: from 60.000 EUR to 250.000 EUR (depending on tier).

Disadvantages

Despite its advantages, the Bybit Card has some drawbacks:

1. Geographical restrictions: the card is currently available only in EEA countries, Australia, the UK and Switzerland.
2. ATM withdrawal limits: free ATM withdrawals have monthly limits, after which fees are applied.
3. Transaction limit for the virtual Lite card — up to 150 euros for the entire usage period.

The Bybit crypto card is a convenient tool for those who want to spend cryptocurrency in everyday life. With wide merchant support, no monthly fees and attractive bonuses, it can become a reliable companion for crypto enthusiasts. However, it’s important to consider regional availability and the need for verification before applying.

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