AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Bybit Card delivers convenient, secure cryptocurrency spending worldwide as a crypto debit card, supporting both digital assets and fiat currency. It integrates seamlessly into daily life — virtual cards enable instant online payments, while physical cards add contactless spending and ATM withdrawals worldwide.
Bybit Card is currently available only in select European Economic Area (EEA) countries, plus Switzerland, Liechtenstein and Norway. Some EU countries, such as Croatia, Iceland and Ireland have limited support.
Key Takeaways:
Bybit Card operates as a crypto debit card, supporting both fiat and crypto payments with automatic conversion when needed.
The card integrates directly with your Bybit EU Funding Account, and offers virtual or physical formats to suit different spending needs.
Users benefit from loyalty rewards, cashback programs and acceptance at over 90 million merchants worldwide.
Accepted at over 90 million merchants worldwide, Bybit Card supports multiple cryptocurrencies, such as USDC, BTC, ETH, MNT, TON, XRP and EURC. Security features include EMV® 3-D Secure fraud protection, while the Loyalty Rewards Program offers cashback and points for every transaction.
Additional benefits include 24/7 multilingual customer support, no annual fees, and minimal physical card issuance costs that vary by region. Bybit Card integrates seamlessly with Bybit's trading ecosystem for efficient cryptocurrency off-ramping.
Bybit Card operates through an intelligent dual-payment system that uses one fiat currency and six crypto assets. The fiat currency that’s assigned to your card depends upon your Advanced Identity Verification country — for example, German users receive EUR denomination, with EUR deducted first from their Funding Account.
You can select your preferred payment cryptocurrencies for transactions on the My Bybit Card page. Currently, the following cryptocurrencies are supported — USDC, BTC, ETH, MNT, TON, XRP and EURC — which you can arrange in your preferred payment priority order.
When making purchases, the system first deducts available fiat from your Funding Account. If insufficient fiat exists, your cryptocurrency covers the remaining balance through automatic liquidation using the Bybit One-Click Sell exchange rate plus a 0.9% crypto conversion fee. This seamless process eliminates manual conversion while maintaining transparent fee structures.
You can choose between three card options, depending upon your needs: virtual card, physical card and Bybit Card Lite. Virtual cards enable immediate online payments upon approval, while physical cards extend that functionality to contactless point-of-sale terminals and ATM withdrawals worldwide. Meanwhile, Bybit Card Lite is a virtual card that offers a streamlined option with limited spending capacity that doesn't require Address Verification, though your card can be upgraded at any time by fulfilling the Address Verification requirement.
Applying for your virtual card is straightforward, and typically takes just a few minutes to complete:
Step 1: Navigate to Finance → Card in your account dashboard to access the Bybit Card application page.
Step 2: Click on Get Your Card.
Step 3: Select your country from the drop-down menu. If your country isn't yet supported, Bybit will register your interest and notify you when the service becomes available there.
Step 4: Upload your government-issued ID document (national ID, passport, and EEA residence permit or driving license) for Identity Verification. Some applications may require two forms of identification.
For Address Verification, select your country of issue and upload proof of address dated within the past three months. The document must be issued from a supported country. In some instances, you may be able to verify your address without uploading documentation.
Step 5: Verify your registered email address and enable Google 2FA if it’s not already active. You can also enter a referral code at this stage if applicable. (Please note that referral codes cannot be changed after confirmation.)
Step 6: After successful submission, your application will be reviewed, typically taking a few minutes, but potentially up to seven working days. You'll be notified by email of the outcome.
Important notes:
Add notification@bybit.eu and compliance@bybit.eu to your contacts to ensure important emails reach your inbox
Overseas payments work automatically, with foreign exchange fees applied
No additional activation is required for international transactions
You must have an active virtual Bybit Card before applying for the physical version.
Step 1: Access Finance → Card and select Physical Card Application.
Step 2: Customize your display name (up to 21 Latin characters and spaces), and confirm that your shipping address matches your virtual Bybit Card verification.
Step 3: Create a secure PIN for ATM transactions and retail purchases.
Step 4: Submit for Address Verification review (which can take up to seven business days), and complete payment once your application has been approved.
Step 5: Track delivery status through Card Management. Standard delivery takes up to 30 days.
Step 1: Navigate to Finance → Card and click on Manage My Card.
Step 2: Click on Activate and complete security verification (using both your email code, and Google 2FA).
Step 3: Enter the 3-digit CVV from the back of your card, and click on Activate.
Bybit Card draws directly from your Funding Account balance, thus eliminating separate wallet management. Add funds through Buy Crypto for direct purchases, or deposit cryptocurrencies from external wallets.
The payment system prioritizes fiat currency first, then covers deficits through cryptocurrency liquidation (with applicable conversion fees). Foreign currency transactions use Mastercard exchange rates, plus Bybit foreign exchange fees. Maintain adequate balances in order to prevent transaction declines.
Step 1: Obtain card details (number, CVV, expiry date) from your Card Dashboard.
Step 2: Enter details at any Mastercard-accepting online merchant.
Step 3: Complete authentication through the Bybit App when prompted, using biometric verification or OTP codes.
Step 4: Return to the merchant website to complete payment. Successful payments freeze amounts for up to 30 days until merchant authorization completes.
The Bybit physical card offers additional convenience through its integration with Apple Pay, Google Pay and Samsung Pay. You can use your card details for online payments, or visit stores that support contactless/chip and PIN technology. Please note that European regulations limit contactless transactions to six consecutive uses before requiring PIN verification.
Additionally, you can earn Rewards Points on all Bybit Card spending, which can be exchanged for merchandise or converted to automatic cashback. Points remain pending for three days before becoming available for redemption.
Tier system and cashback rates:
Special benefits: Users from Tier 2 and above receive 100% cashback on TradingView, ChatGPT, Netflix, Spotify and Amazon Prime subscriptions. Enable Auto Cashback to convert points daily to cryptocurrency (minimum 50 points, 0.002 EUR per point). The referral program rewards both parties when referees spend a minimum of 100 USDC within 30 days.
Bybit Card enables seamless crypto spending, both online and offline, while integrating directly with Bybit EU's trading ecosystem for efficient off-ramping. The combination of competitive fees, extensive merchant acceptance and meaningful rewards makes Bybit Card more than just a payment method.
Whether you choose virtual cards for online convenience or physical cards for complete spending access, Bybit Card provides a comprehensive tool for integrating cryptocurrency into daily life and maximizing the practical value of your digital holdings.
#LearnWithBybit