Dubai, United Arab Emirates, January 27th, 2025,
Chainwire
Bybit, the world’s second-largest cryptocurrency
exchange by trading volume, has launched Bybit Pay in Brazil,
introducing a cutting-edge payment solution that integrates
seamlessly with PIX, the country’s leading instant payment system.
The launch underscores Bybit’s commitment to bridging Web2 and Web3
payments and providing a streamlined way for users to transact in
both fiat and cryptocurrency. Wherever there is PIX, Bybit Pay can
be used.
Bybit Pay: Redefining Digital
Transactions
Bybit Pay allows users to connect their
crypto wallets to a variety of financial possibilities, supporting
both fiat and cryptocurrency. The platform simplifies transactions
across websites, mobile applications, and point-of-sale (POS)
systems, offering an intuitive interface for deposits, withdrawals,
and payments. Its launch in Brazil aligns with the country’s
growing adoption of digital finance technologies.
Joan Han, Sales and Marketing Director at
Bybit, highlighted the significance of the launch: “Bybit
Pay is designed to bridge traditional and digital payments
effortlessly. Brazil’s forward-thinking adoption of digital finance
makes it the ideal market for this launch. By leveraging PIX QR
codes and multi-currency support, Bybit Pay offers a seamless,
secure, and flexible solution tailored to the evolving needs of our
users.”
Currently, Bybit Pay is available to
verified users in Brazil through the Bybit app and website. The
platform supports payments in Brazilian reais (BRL) and leading
cryptocurrencies, including USDT, USDC, BTC, and ETH.
Key Features and Benefits of
Bybit Pay
- PIX QR Code Compatibility
Bybit Pay integrates with PIX, allowing
users to scan QR codes to complete payments in fiat or
cryptocurrency. This functionality offers a convenient and familiar
experience for Brazilian users.
- Integrated Wallet Management
The platform combines crypto and fiat
wallet functionality, enabling users to manage funds seamlessly
across both financial systems.
Bybit Pay supports a range of
currencies, including BRL and popular cryptocurrencies such as
Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
- Blockchain-Backed Security
Bybit Pay ensures secure, tamper-proof
transactions through blockchain encryption, maintaining user
privacy and transparency.
Merchants gain the ability to accept
payments from Bybit’s global user base of over 60 million,
broadening their customer reach and providing an integrated
fiat-crypto payment experience.
Welcome Promotion: Cashback
Opportunity for Brazilian Users
To celebrate the launch, Bybit is
offering a promotional campaign that rewards early adopters.
• Event Period:
January 27 – February 28, 2025
• Eligibility:
Users who deposit an equivalent of $100 or more and complete a
payment by scanning a PIX QR code.
Each week, 100 participants will be
randomly selected to receive 100 percent cashback in USDT, capped
at the BRL equivalent of 100 USDT per user.
Winner Quotas
(Weekly):
• Payments of $5 – $10: 50
winners
• Payments of $11 – $50: 30
winners
• Payments of $51 – $100: 20
winners
Transforming Digital Payments
in Brazil
Bybit Pay’s integration with PIX,
alongside its multi-currency support and blockchain-powered
security, positions the platform as a transformative solution in
Brazil’s digital payment landscape. The launch represents a
significant step forward in Bybit’s mission to enhance global
payment systems and provide secure, flexible solutions for users
and merchants.
#Bybit / #BybitPay /#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 Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social
Media
Contact
Head of PR
Tony
Au
Bybit
tony.au@bybit.com