#Vienna #Austria #Bybit Card #Bitcoin Cashback #EEA Users

Bybit EU Unveils Bitcoin Cashback Program

In a significant move for cryptocurrency enthusiasts, Bybit EU has officially launched its Bitcoin cashback feature for the Bybit Card. This innovative program allows eligible users to earn Bitcoin rewards on everyday purchases, transforming how people approach their spending. Instead of commanding users to engage in direct trading, this program facilitates an effortless way to gain exposure to Bitcoin through regular expenses like groceries and travel.

How Does It Work?
Through this new cashback program, users can earn a reward ranging from 2% to 10%, based on their tier level. The amount earned is credited directly to the user’s Funding Account daily, ensuring that the accrued rewards are accessible at any moment. Importantly, users have the freedom to select Bitcoin as their preferred cashback token in their Bybit EU account settings. This streamlined process negates any changes in how rewards are calculated, making it simple and user-friendly.

“Bitcoin cashback integrates crypto into something people already do every day,” said Mazurka Zeng, Co-CEO of Bybit EU. This statement encapsulates the ethos behind this feature, as it enables users—especially those who are new to cryptocurrency—to gradually immerse themselves in the digital asset realm without feeling overwhelmed.

Additional Features and Promotions
The cashback is available to all Bybit users across the European Economic Area (EEA), operational wherever Mastercard is welcome. Notably, there are no annual fees associated with the card, and it can be seamlessly added to popular payment platforms like Apple Pay and Google Pay, as well as offering a physical card option at no cost. Users have the option to receive their cashback in either USDC or Bitcoin, providing flexibility in how rewards can be utilized.

In conjunction with the rollout of the Bitcoin cashback, Bybit EU is also announcing a new exclusive physical card design for its European users. To entice new users, Bybit is offering a limited-time promotion that grants up to 10% cashback on specific spending categories, with a maximum limit of €150 in rewards.

This launch is part of Bybit EU's broader initiative to simplify and enhance how users can access and interact with cryptocurrency. In addition to cashback rewards, the Bybit Card program aligns with features like Recurring Buy and Dollar-Cost Averaging, enabling users to engage with digital assets progressively through everyday financial activities.

About Bybit EU

Bybit EU GmbH, the newly formed European entity of Bybit, is dedicated to serving clients in the EEA via its Bybit.eu platform. It operates under the regulatory framework of the Markets in Crypto-Assets Regulation (MiCAR), ensuring that all offerings comply with European regulations that prioritize investor protection and market integrity. Bybit EU is licensed as a Crypto-Asset Service Provider (CASP) and provides custodial services, the exchanging of crypto-assets for funds and other crypto-assets, and facilitating transfer services on behalf of clients.

In essence, the introduction of the Bitcoin cashback program marks a pivotal moment for Bybit EU and its users. It not only enables cryptocurrency adoption through everyday spending but also reflects a shift towards an increasingly integrated digital economy.