Cryptocurrency exchange ByBit introduces fiat gateway and offers a variety of payment methods (including Visa and Mastercard), and supports more than 20 fiat currencies.
On June 22, ByBit announced that its users can trade their U.S. dollars, Australian dollars, Canadian dollars, euros, Singapore dollars, British pounds sterling and many others for crypto of their choice.
#Bybit Fiat Gateway — Buy Crypto with Ease We have partnered with @BanxaOfficial and @XanpoolOfficial, enabling users to buy #crypto on our platform easily! To help get you started, we are also launching a special promotion! 🎉 Read more about this on: https://t.co/zDMcPc7ICZ pic.twitter.com/rLZvqje3YU — Bybit (@Bybit_Official) June 22, 2020
ByBit CEO Ben Zhou said on the two partnerships that made it possible:
“Thanks to our payment partners Banxa and XanPool, Bybit users can now frictionlessly purchase crypto with credit or debit card.”
Jeffery Liu is the CEO of XanPool, one of the two payment partners, and noted that his company plans to expand its collaboration with ByBit into other business arenas in the future.
We are pleased to announce that #XanPool has partnered with @Bybit_Official, a cryptocurrency derivatives platform that provides 24/7 multi-language online customer service! Read more: https://t.co/zbey03YdG7 More at https://t.co/AV6LvRk2vO!#SeamlessFiatGateway pic.twitter.com/jIafG0Sl7a — XanPool (@XanpoolOfficial) June 22, 2020
Banxa, the other partner previously scored a partnership with major crypto exchange Binance earlier this year.
Please welcome our latest partner @Bybit_Official 🚀 With this #partnership we enable more people to make simple #Fiattocrypto purchases by using their favorite payment methods. Fast, easy and secure with @BanxaOfficial 💳 pic.twitter.com/kDVYEipLWA — Banxa_Official (@BanxaOfficial) June 22, 2020
Meanwhile, ByBit users are eligible for a $10 bonus in Bitcoin (BTC) for every $100 of Bitcoin or Ether (ETH) that they purchase.
The offer maxes out at $50 and is in effect until July 22.
Source: Cointelegraph | Image: Pexels