Latest news with #BybitPay
Cision Canada
13-05-2025
- Business
- Cision Canada
Bybit Pay Goes Global: Seamless Crypto Payments Now Available in 15 Major Cryptocurrencies
DUBAI, UAE, May 13, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the next phase of crypto innovation with the global launch of Bybit Pay. The ground-breaking crypto payment solution which debuted in Brazil is now available for all eligible global users of Bybit. Bybit Pay Global: Joining the Crypto Payment Revolution Initially launched in January 2025, Bybit Pay debuted in Brazil and recently presented itself at Web Summit Rio, where thousands of attendees got their hands on the instant payment solution at the Bybit booth. Starting now, over 70 million Bybit international users may live up their crypto lifestyle on the go with Bybit Pay. The expansion is a step forward in financial inclusion for Bybit's global community, removing the need for costly legacy intermediaries and physical cards—all one needs is a compatible mobile device. In a few days since its global launch, Bybit Pay recorded over 40,000 transactions. The digital payment gateway enables users to make payments across a global network of merchants online and offline. It currently supports 15 mainstream cryptocurrencies including USDT, USDC, BTC, ETH, XRP, MNT, BNB, TON, and more. Bybit Pay has also released new features, Send and Receive: Bybit Pay Send allows users to transfer digital assets to business or individual payees in an instant using just the recipient's email addresses, phone numbers, or Bybit User IDs in-app and on the Bybit website. Bybit Pay Receive enables users to get paid with a unique personal QR code tailored for their personal preferences of desired amounts or currencies. The Bybit Pay platform integrates wallet management functionalities for both fiat and crypto. Built with blockchain-backed security, Bybit Pay ensures tamper-proof transactions through on-chain encryption, optimizing security and user privacy. Leveraging the instant finality of cryptocurrencies, Bybit Pay offers a seamless and secure on and off-ramp experience for senders and receivers of digital assets. Bybit Send & Earn: 100,000 USDT in Prizes From now until May 30, eligible users may register for Bybit Send & Earn to share in a total prize pool of 100,000 USDT. "Bybit is proud to play a role in advancing payment innovation with the global launch of Bybit Pay. It provides our users with an ultra user-friendly solution for their daily crypto spending and transaction needs, while Bybit gets to serve the broader community and bring more payment freedom and convenience to the underbanked," said Krista Chan, Head of Marketing, Payment Business Unit at Bybit. Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may refer to the Bybit Pay official page. #Bybit #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Cision Canada
09-05-2025
- Business
- Cision Canada
Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
DUBAI, UAE, May 9, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform's sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit's robust market presence and its steadfast commitment to security, compliance, and product innovation. "Reaching 70 million users is more than a number—it's a testament to the trust our global community places in us," said Ben Zhou, co-founder and CEO of Bybit."We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence." Strengthening Global Compliance and Regulatory Engagement Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam's Ministry of Finance, contributing to the country's regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices. Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency. Accelerating Institutional Growth Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit's ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings. Pioneering Web3 Integration and Real-World Utility Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants. In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit's proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform. Bridging Traditional Finance and the Future of Digital Assets Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem. "We're building the infrastructure for the next era of finance," Ben added. "By championing regulation, professionalism, and a relentless user-first approach, we're shaping a safer, more inclusive, and more empowering financial future for all." #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Associated Press
04-05-2025
- Business
- Associated Press
Bybit Showcased Innovative Payments and Crypto Solutions at Web Summit Rio 2025
DUBAI, UAE, May 4, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to have been a part of this year's Web Summit in Rio. From April 27 to 30, the world's largest technology event took place in Brazil's startup city, Rio de Janeiro, where Bybit presented its future-ready crypto offering and innovative payments solutions. Crypto integration into traditional payments is rapidly becoming part of everyday life for millions of users around the world, especially in emerging markets, and Bybit is at the forefront of the revolution with unmatched crypto-native solutions. Bybit—The Crypto Ark—caters to all of the crypto community's needs — from trading, custody, on and off-ramping, payments, and more — and is fast becoming the ultimate crypto lifestyle brand. Through local partnerships and product innovation, Bybit's LATAM chapter aspires to become the lifestyle partner of the crypto community. In 2025, Bybit officially launched Bybit Pay in Brazil powered by Transfero, offering a blockchain-based payment gateway and seamless crypto-to-fiat experience. This new product solution simplifies crypto payments and settlement for users in LATAM's largest economy. Bybit Pay Key Features At Web Summit Rio, the Bybit booth welcomed hundreds of attendees who experienced Bybit Pay in person. Visitors and the Bybit team exchanged insights on the future of crypto and how institutions, merchants, and retail users can pivot into the digital economy with on-chain solutions. Web Summit Rio also featured the Transfero x Bybit Happy Hour, presented by Bybit Pay at the Transfero booth. Visitors got their hands on Bybit's innovative payments solutions built for crypto over a free beer and additional perks — experiencing a Bybit Pay transaction in seconds and taking home free Bybit-branded merchandise. The all-in-one crypto powerhouse is also dedicated to enriching customer experience beyond transactions. Bybit recently announced its strategic partnership with Tomorrowland Brasil, making crypto a key highlight at this iconic music festival hosting hundreds of thousands of music fans every year. The upcoming rendition is set for October 10 to 12 in Itu, São Paulo. As the exclusive Payment Partner for Tomorrowland, Bybit's sponsorship is a world-first — bridging music and the crypto savvy generation. 'For the younger generation in Latin America, crypto is becoming a way of life. We want to help create a world where paying, sending, and investing in crypto becomes instant and borderless for everyday users. What we are building now will enable millions of customers to benefit from the rapidly emerging digital asset class both on-chain and in real life with increasing ease,' said Israel Buzaym, Country Manager of Brazil. Local customers can explore Bybit Pay Brazil and the ultra-rewarding Bybit Card with up to 10% cashback in Brazil and Argentina. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Contact Head of PR Tony Au Bybit [email protected] Photo - Logo - View original content to download multimedia: SOURCE Bybit
Malaysian Reserve
04-05-2025
- Business
- Malaysian Reserve
Bybit Showcased Innovative Payments and Crypto Solutions at Web Summit Rio 2025
DUBAI, UAE, May 4, 2025 /PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to have been a part of this year's Web Summit in Rio. From April 27 to 30, the world's largest technology event took place in Brazil's startup city, Rio de Janeiro, where Bybit presented its future-ready crypto offering and innovative payments solutions. Crypto integration into traditional payments is rapidly becoming part of everyday life for millions of users around the world, especially in emerging markets, and Bybit is at the forefront of the revolution with unmatched crypto-native solutions. Bybit—The Crypto Ark—caters to all of the crypto community's needs — from trading, custody, on and off-ramping, payments, and more — and is fast becoming the ultimate crypto lifestyle brand. Through local partnerships and product innovation, Bybit's LATAM chapter aspires to become the lifestyle partner of the crypto community. In 2025, Bybit officially launched Bybit Pay in Brazil powered by Transfero, offering a blockchain-based payment gateway and seamless crypto-to-fiat experience. This new product solution simplifies crypto payments and settlement for users in LATAM's largest economy. Bybit Pay Key Features QR Code support – scan to pay with fiat or crypto via PIX in Brazil Unified crypto and fiat wallet management all in one place Supports multiple currencies including BRL, USDT, USDC, BTC, and ETH Secure transactions protected by blockchain encryption Unlocking merchants access to Bybit's 60+ million global users At Web Summit Rio, the Bybit booth welcomed hundreds of attendees who experienced Bybit Pay in person. Visitors and the Bybit team exchanged insights on the future of crypto and how institutions, merchants, and retail users can pivot into the digital economy with on-chain solutions. Web Summit Rio also featured the Transfero x Bybit Happy Hour, presented by Bybit Pay at the Transfero booth. Visitors got their hands on Bybit's innovative payments solutions built for crypto over a free beer and additional perks — experiencing a Bybit Pay transaction in seconds and taking home free Bybit-branded merchandise. The all-in-one crypto powerhouse is also dedicated to enriching customer experience beyond transactions. Bybit recently announced its strategic partnership with Tomorrowland Brasil, making crypto a key highlight at this iconic music festival hosting hundreds of thousands of music fans every year. The upcoming rendition is set for October 10 to 12 in Itu, São Paulo. As the exclusive Payment Partner for Tomorrowland, Bybit's sponsorship is a world-first — bridging music and the crypto savvy generation. 'For the younger generation in Latin America, crypto is becoming a way of life. We want to help create a world where paying, sending, and investing in crypto becomes instant and borderless for everyday users. What we are building now will enable millions of customers to benefit from the rapidly emerging digital asset class both on-chain and in real life with increasing ease,' said Israel Buzaym, Country Manager of Brazil. Local customers can explore Bybit Pay Brazil and the ultra-rewarding Bybit Card with up to 10% cashback in Brazil and Argentina. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@ For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube ContactHead of PRTony Photo – –
Tahawul Tech
28-04-2025
- Business
- Tahawul Tech
Bybit powers TOKEN2049 Dubai showcasing real-world crypto utility
Bybit, the world's second-largest cryptocurrency exchange by trading volume, is taking centre stage as a Gold Sponsor of TOKEN2049 Dubai, one of the most influential Web3 industry conferences shaping the global digital assets landscape. This strategic involvement underscores Bybit's unwavering leadership in the blockchain space and its commitment to delivering real-world utility through cutting-edge crypto solutions. Hosted at the prestigious Madinat Jumeirah from April 30 to May 1, TOKEN2049 Dubai is expected to attract over 15,000 participants from more than 160 countries — including industry pioneers, innovators, regulators, developers, and institutional investors. Bybit's involvement goes beyond sponsorship. It reflects the company's ongoing commitment to advancing industry knowledge, regional growth, and community empowerment. TOKEN2049 offers a unique platform for idea exchange, innovation, and meaningful dialogue — a vision that closely aligns with Bybit's mission. 'TOKEN2049 is where the brightest minds in crypto come together, and Bybit is proud to contribute our voice to this global conversation', said Ben Zhou, co-founder and CEO of Bybit. 'We are here to share, support, and build. We believe in the power of community. This event is a great platform for Web3 market participants to collaborate, grow and strengthen the crypto trading industry together'. A Milestone for Bybit Pay: Crypto Payment Utility in Action One of the most exciting highlights of TOKEN2049 is the debut of Bybit Pay's real-world utility in Dubai at a live event setting. For the first time, attendees can experience how effortless crypto payments can be — simply sign up for Bybit Pay, show your pay account at the Barista Bar, and enjoy a free cup of coffee. To add to the fun, visitors can also scan the QR code at the Bybit booth, post about their experience on X, and claim a free coffee. It's a delicious way to explore how crypto is going mainstream, one cup at a time. Bybit Pay was first introduced in Brazil, where it began transforming the payments landscape by bridging fiat and crypto in a seamless, intuitive way. Bybit's solution is a next-generation payments platform designed to simplify the transactions experience and unlock new efficiencies for both consumers and businesses. Bybit at TOKEN2049 Week Beyond the main event, Bybit is curating an entire TOKEN2049 Week (April 28 – May 2) experience filled with important industry side events, keynotes, workshops, demos, and private roundtables — all designed to empower the Web3 community and foster global collaboration – accelerating blockchain innovation and crypto adoption – worldwide. Key highlights include: Flagship Booth Experience (Booth P33) – Explore Bybit's latest Web3 innovations in trading, payments, and community engagement. The booth will serve as an interactive hub, showcasing the exchange trading platform's most powerful innovative features and newest products. Keynote Address – Bybit Co-founder and CEO Ben Zhou will share his perspective on AI evolution in crypto trading and the path forward for crypto and Web3 adoption worldwide, at TOKEN2049 Dubai. Curated Side Events – In addition to the main conference, Bybit is curating a full slate of side events during TOKEN2049 Week, designed to foster Web3 dialogue, share insights, and support every corner of the crypto ecosystem. The week will kick off with Crypto Hub x Bybit Crypto Ark Demo Day (April 28), where builders and innovators gather for hands-on product showcases, networking, and community-led discussions hosted at Bybit's Dubai office. That same day, DMCC x VARA policy roundtable brings regulators and industry leaders together to explore the balance between innovation and compliance in the UAE's digital asset space. Later in the evening, Bybit's VIP + Financial Product Workshop offers a private networking session for top crypto traders and blockchain partners to discuss strategic investment tools and premium offerings. On April 29, affiliates gather for the Bybit Exclusive Meetup to exchange crypto trading strategies and connect with Web3 product managers, followed by the Wunderbit x Bybit bot trading workshop, which dives into the real mechanics — and risks — of automated trading. The RWA Gulf Summit 2025 the same day features institutional voices from finance and banking exploring tokenised real-world assets, with Bybit's Jerry Li addressing yield opportunities on centralised exchanges. Bybit Pay: Life is Paid Bit Bybit (May 1) offers an insider look at upcoming crypto payment tools and merchant features. This TOKEN2049 Week culminates with Bybit Institutional Symposium (May2) – gathering institutional customers and ecosystem partners for a day of macro strategy, deep dives into product roadmaps, and new collaboration opportunities — ending with a gala dinner to celebrate a transformative week for the crypto industry in Dubai. These important Web3 gatherings are designed to drive dialogue, share insights, accelerate innovation, and deepen connections across the industry. Bybit's active participation underscores its broader mission to support crypto adoption through education, infrastructure development, and collaborative innovation. As Dubai strengthens its position as a global hub for digital assets, Bybit is proud to contribute to the conversation — supporting the ideas, people, and technologies shaping the future of finance. Image Credit: Bybit
