Bybit Review 2024 - Analysis of Bybit Crypto Card

Item: Bybit
Rating: 3
Author: George Milios

Bybit

3.2 / 5

Rating breakdown

Reputation

3.0/5.0

Availability

2.0/5.0

Rewards

2.5/5.0

Supported Crypto

4.0/5.0

Annual Fees

4.0/5.0

Withdrawal Limits

3.5/5.0

Page Contents

Read to Find Out How to Use Bybit Crypto Card, What are the Fees, How to Trade with Bybit, and Much More - Unbiased Crypto Cards reviews.

Review and Analysis

Overview

Bybit, launched in 2018, is a top spot and derivatives exchange in the cryptocurrency industry, rivaling Binance and Coinbase. It serves millions worldwide with a user-friendly interface and advanced trading tools for both beginners and professionals. Bybit supports a wide range of popular and trending cryptocurrencies, allowing traders to stay current with market trends.

Detailed Review

Bybit Review: Is it safe to use Bybit?

Bybit, launched in 2018, is a top spot and derivatives exchange in the cryptocurrency industry, rivaling Binance and Coinbase. It serves millions worldwide with a user-friendly interface and advanced trading tools for both beginners and professionals. Bybit supports a wide range of popular and trending cryptocurrencies, allowing traders to stay current with market trends.

This review covers how to use Bybit to open and close positions effectively.

The Bybit card offers a seamless integration of crypto and fiat currencies, global acceptance, and up to 10% cashback rewards. Its lack of annual and inactivity fees adds to its cost-effectiveness, and robust security measures protect user funds.

However, compared to competitors like Crypto.com and Coinbase cards, the Bybit card's higher cashback tiers are harder to attain and primarily benefit those within the Bybit ecosystem.

For heavy Bybit users with substantial balances, the Bybit card stands out with significant cashback rewards, flexible spending limits, and generous ATM withdrawal allowances, making it a valuable option for them.

Frequently Asked Questions

What is the Bybit Card?

A cryptocurrency debit card that allows users to spend crypto like fiat currency at millions of locations worldwide where Mastercard is accepted.

What cryptocurrencies does the Bybit Card support?

Supports BTC, ETH, XRP, USDT, USDC, TON, MNT, BNB, and fiat currencies EUR and GBP.

What are the benefits of the Bybit Card?

Up to 10% cashback rewards, worldwide acceptance, no annual fees, and advanced security features.

How do I apply for a Bybit Card?

Go to the "Card" section on the Bybit platform, complete identity verification, and choose a virtual or physical card.

Where is the Bybit Card available?

Currently available in Australia and the European Economic Area (EEA). Users from other regions can register interest.

What are the fees associated with the Bybit Card?

Minimal fees: foreign exchange fee, crypto conversion fee, and ATM withdrawal fee. No annual, inactivity, or card cancellation fees.

By trading with securities you are taking a high degree of risk. You can lose all of your invested money. You should start trading only if you are aware of this risk. All the opinions expressed on our site by individual author is solely their own and does necessarily represent or correspond to the views of the site’s management. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services.