ByBit Launches Support for 20 Fiat Currencies


ByBit, a cryptocurrency exchange that’s designed for institutional investors all the way to individual day traders, will now let users buy cryptocurrency with over 20 new fiat currencies, according to a release shared with AP News.

Essentially, users will be able to purchase cryptocurrency with a credit or debit card or even via a bank transfer on the platform.

Xanpool and Banxa, crypto payment providers, have assisted with this implementation. This decision, of course, increases accessibility and ensures users have more ways to purchase digital assets which, in turn, should increase the amount of money in the space.

USD, AUD, CAD, EUR, SGD, and GBP are just some of the assets available, the release notes.

Speaking on the matter is Ben Zhou, the CEO of Bybit, who had said:

“Adding fiat-crypto support is another major milestone in our roadmap, and a major coup for Bybit traders who have been patiently waiting for this day to arrive. Thanks to our payment partners Banxa and Xanpool, Bybit users can now frictionlessly purchase crypto with credit or debit card at some of the most competitive rates on the market.”

On top of this, the platform has launched a promotion to provide users with a $10 bonus in Bitcoin for any $100 in BTC or ETH purchased.

Top brokers for buying and trading cryptocurrencies

  • Platform
  • Features
  • Rating
  • Visit Site
  • US-Friendly
  • Paypal accepted
  • 12+ cryptocurrencies

Visit Site
75% of retail investors lose money.
eToro Reviews

    eToro Reviews your account
    Hide eToro Reviews
    • Best broker for non-US countries
    • Trade crypto CFDs, forex and stocks
    • No withdrawal or deposit fees

    Visit Site
    80.5% of retail investors lose money.
    Plus500 Reviews

      Plus500 Reviews your account
      Hide Plus500 Reviews
      Remember, all trading carries risk. Past performance is no guarantee of future results.

      Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend.