Cryptocurrency Mastercard Debit Card from Bybit

Characteristics, fees, limits

 28 December, 2024

The Bybit Card is a Mastercard cryptocurrency debit card that allows you to easily and securely use your crypto assets for everyday purchases and cash withdrawals.

Cryptocurrency Mastercard Debit Card from Bybit

Main characteristics:

  • Cryptocurrency Usage: The Bybit Card allows you to convert cryptocurrency into fiat money to pay for goods and services at any location that accepts Mastercard.
  • No Annual Fees: Users are exempt from annual card maintenance fees.
  • Cashback: When spending money with the Bybit Card, you can earn up to 10% cashback, making your purchases even more profitable.
  • Fees: The cryptocurrency conversion fee is 0.9% and the currency exchange fee is 2%.
  • Limits: The Bybit Card has set limits on cash withdrawals and spending, which depend on the user’s verification level.

How to get a Bybit card:

  1. Registration: Create an account on the Bybit platform.
  2. Verification: Complete the identity verification (KYC) procedure to ensure security and regulatory compliance.
  3. Card Order: After verification, order the card through your personal account on the platform.
  4. Activation: Once you receive the card, activate it by following the instructions provided by Bybit.

Commissions

  • Cryptocurrency to Fiat Conversion: 0.9% of the transaction amount.
  • Currency Exchange: 2% for transactions that require conversion between different currencies.
  • ATM Cash Withdrawals: There is no additional fee from Bybit, but ATM fees may apply.
  • Card Maintenance: No annual or monthly maintenance fees.
  • Internal Transactions on the Bybit Platform: No card top-up fee.

Limits

1. Cash withdrawal:

  • Daily limit: 2,000 euros.
  • Monthly limit: 10,000 euros.

2. Shopping expenses:

  • Daily limit: 10,000 euros.
  • Monthly limit: 100,000 euros.

3. Minimum transaction amount:

  • Set depending on the type of currency (usually from 1 dollar or equivalent).

4. Maximum number of transactions per day:

  • No more than 20 transactions.

5. KYC Verification:

  • To increase your limits, you must complete a full KYC verification.

Features of use

  • The card supports spending in multiple currencies, including EUR, USD, GBP, and others.
  • All limits may vary depending on the user’s region and Bybit policies.
  • It is important to read the additional terms and conditions of use of the card, which are available on the official Bybit website: bybit.com.

User reviews:

Opinions about the Bybit card vary. Some users note the ease of use and the absence of annual fees, while others express concerns about possible delays or restrictions. It is recommended to read the various reviews and consider your own needs before using the card.

Register on Bybit

 

 

Ask any questions in the telegram chat of the channel here



➡️ Current list of activities for earning money without investments HERE