Bybit, established in 2018, is the second-largest cryptocurrency exchange in the world, serving over 40 million users.

On September 2, 2024, Bybit Powered by SATOS launched the Bybit Card in the Netherlands, followed by its launch in Brazil on September 3, 2024.

The Bybit Card had previously been launched in Argentina two months earlier, where it saw a 75% application rate among users.

This new card allows Brazilian users to seamlessly integrate cryptocurrency payments into their daily transactions at millions of merchants worldwide.

The Bybit Card enables users to utilize their crypto assets for everyday purchases, including at grocery stores and cafes.

It supports flexible spending in euros and various cryptocurrencies, including EUR, USDT, USDC, BTC, and ETH.

Key features of the Bybit Card include cash access from any Mastercard-supported ATM, options for virtual and physical cards, and compatibility with Apple Pay and Google Pay.

Additionally, the card offers a loyalty program that provides up to 10% cashback on purchases based on VIP status.

To celebrate the launch, Bybit is running a referral program where users can earn up to R$5,000 in card bonuses for inviting friends to pre-register.

Sign-up bonuses include a €10 deposit bonus for selected users, along with rewards in USDT for both referrers and referees.

Bybit has partnered with SATOS, a well-established crypto service provider in the Netherlands, to enhance service quality and ensure regulatory compliance.

Joan Han, Bybit's Sales & Marketing Director, expressed enthusiasm about making cryptocurrency accessible and user-friendly for users in both the Netherlands and Brazil.