Bybit Launches Bybit Card In Argentina For Crypto Use

Bybit launched Bybit Card in Argentina for crypto use (Photo; Doc. Crypto Naute)

JAKARTA - Bybit, has strengthened its presence in Argentina with the launch of the Bybit Card. This launch allows users in the region to use digital assets smoothly in daily transactions, with added security and convenience.

The crypto industry has grown rapidly in Argentina in recent years, attracting attention both from businesses and investors. According to Chainalysis, Argentina is among the three countries included in the top 20 of the Global Crypto Adoption Index. Quoted from Coin Speaker, Joan Han, Director of Sales and Marketing Bybit, said:

The fast growth of digital assets in Argentina has created a need for creative solutions that increase financial inclusion and convenience. We are excited to introduce Bybit Cards in Argentina, giving our customers a special opportunity to benefit from digital asset expansion and take advantage of ease of everyday spending."

According to the announcement, this Dubai-based trading platform celebrates this achievement by presenting welcome packages for Bybit Card users. New registrants for Bybit Card will receive a bonus of 10,000 Argentine Peso (ARS). In addition, they can get cashbacks of up to 10% of all their expenses.

In addition, existing cardholders who connect their cards with popular local payment platforms such as Mercado Pago will also get an additional 10% cashback for each purchase made using the Bybit Card.

[see-also]

https://voi.id/teknologi/396997/bybit-kenalkan-akses-awal-ke-hamster-kombat-dengan-perdagangan-pra-pasar

https://voi.id/teknologi/393853/bybit-jadi-bursa-kripto-terbesar-kedua-dunia-setelah-ftx-runtuh

https://voi.id/teknologi/381179/bybit-dan-signalplus-gelar-kompetisi-trading-opsi-dengan-hadiah-besar

[/see_also]

In March 2023, Bybit partnered with Mastercard to launch the Bybit Crypto Card. This launch begins with a virtual card for online shopping in European countries. The exchange plans to expand this offering further, with the aim of providing flexible options for users in managing their digital assets.

Bybit recently became the world's second-largest crypto exchange by trading volume, after Binance. This happened after the previous leading exchange failure, FTX, in 2022. Since October 2023, Bybit's market share has doubled, outperforming competitors like Coinbase in March.

Bybit is active on the international stage to expand its offerings and services. In June, Bybit became a sponsor for two major events in Switzerland, amid the growing framework of crypto asset market regulation (MiCA).

The exchange also collaborated with Formula One champion Oracle Red Bull Racing to create a relationship between crypto investors and sports enthusiasts.

With the launch of the Bybit Card in Argentina, Bybit is not only expanding its reach in the global crypto industry but also presents innovative solutions to meet digital financial needs in the country.