Bybit Card Honored as Best Performing Crypto Card
In a significant recognition of its impact in the crypto payments landscape, the Bybit Card has been awarded the title of
Best Performing Crypto Card by Mastercard at the
EDGE 2025 forum. This prestigious event took place in Dubai, where global leaders gathered to discuss advancements and opportunities in the payment industry.
Bybit, currently the second-largest cryptocurrency exchange in terms of trading volume, expressed excitement over this acknowledgment. The Bybit Card, launched in 2024, now has over two million cardholders, indicating a growing interest in using cryptocurrency in everyday transactions. Its unique feature lies in seamlessly blending cryptocurrencies with conventional payment systems, providing users with a familiar payment experience supported by Mastercard's vast merchant network.
EDGE 2025: A Platform for Future of Payments
The EDGE 2025 forum, hosted by Mastercard, gathered top executives and decision-makers from various sectors to discuss the future of commerce, focusing on digital trends and how technology like AI and tokenization transform payment methods. Under the theme 'Commerce De-Coded', this summit highlighted ongoing innovations impacting the global economy and consumer behaviors.
Mastercard’s recognition of the Bybit Card signifies its role not only in facilitating digital asset spending but also in validating Bybit's mission of making cryptocurrency accessible to everyday consumers. Sophie Chen, the Head of Marketing at Bybit Card and Pay, emphasized the importance of this award, stating,
“We are honored to receive this award from Mastercard, a global leader in financial innovation and a trusted partner in payment technology.” This accolade reinforces Bybit's vision to integrate digital finance into everyday life seamlessly.
Transformative Features of the Bybit Card
The Bybit Card came into existence to serve the needs of digital asset holders, and it has equipped its users with various conveniences:
- - Instant Conversion: Users can swiftly convert their crypto assets into fiat currency, ensuring easy transactions at millions of locations worldwide.
- - Competitive Rates: The Bybit Card offers attractive rates while spending, making it a cost-effective option for users.
- - Year-Round Perks: Users receive a host of benefits, including 100% rebates on subscriptions like Netflix and Spotify, along with access to airport lounges and various seasonal benefits,
- - Multi-Asset Transactions: The card supports a variety of cryptocurrencies including BTC, ETH, and USDT, providing multiple cashback options.
This recognition comes at a time when the payments industry is witnessing rapid innovations driven by embedded finance, artificial intelligence solutions, and tokenized transactions. With nearly half of all Mastercard transactions in Europe being tokenized, the direction towards complete integration by 2030 is clear. This positions the Bybit Card at the forefront of these advancements, offering a glimpse into the future of secured digital payments.
Conclusion
The award as the
Best Performing Crypto Card at EDGE 2025 captures the essence of what the Bybit Card represents in the evolving financial landscape. By providing users with a practical approach to utilizing their digital assets, Bybit is fostering a culture where cryptocurrency can thrive alongside traditional currencies. As the company continues to explore innovations in the Web3 space, it is committed to ensuring that cryptocurrency remains integral to the global economy.
For more information about Bybit and its offerings, visit
Bybit.com.