The cryptocurrency exchange Bybit announced on June 25, 2024, that the Bybit Card is now compatible with Apple Pay.
Earlier this month, on June 19, the company also announced the support of Apple Pay as a payment method for purchasing cryptocurrencies.
Bybit Card Can Now Be Added to Apple Pay
On June 25, 2024, Bybit CEO Ben Zhou announced that the Bybit Card, a cryptocurrency debit card, can now be used with Apple Pay.
The Bybit Card allows users to make payments through the Mastercard network using cryptocurrencies stored in their Bybit account.
Using this card, users can convert the cryptocurrencies held in their Bybit account into fiat currency for payments, making it feel like they are making a cryptocurrency payment when using the card.
Apple Pay is a payment service provided by Apple, allowing easy payments using Apple products like iPhone, Apple Watch, and Mac by registering existing credit or debit cards.
With this integration, Bybit Card users can now add their card to Apple Pay for easier usage.
Cryptocurrency Purchases with Apple Pay
Bybit also announced on June 19, 2024, that Apple Pay is now supported as a payment method for purchasing cryptocurrencies on the Bybit app and website.
Users can purchase cryptocurrencies using over 20 different fiat currencies with Apple Pay, and there are no transaction fees until July 1, 2024.
To buy cryptocurrencies with Apple Pay, users simply need to select their desired cryptocurrency and payment currency, and then choose Apple Pay as the payment method at checkout.
Bybit explained that payments made through Apple Pay are authenticated with Face ID, device passcode, or a one-time dynamic security code, ensuring secure and private transactions.
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