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    Introduction to Bybit Card (Australia)
    bybit2024-12-04 16:12:39

    Bybit Card is a Mastercard debit card that allows you to access your funds easily and securely wherever and whenever, making it the ultimate companion on your crypto journey.

     

    A reliable and convenient way to off-ramp your crypto and spend on the go, Bybit Card helps you to maximize and fully integrate crypto into your daily life — you can unlock immediate access to online and overseas transactions.

     

    You can use your earnings from Bybit's full suite of trading products and pay for your purchases instantly.

     

     

     

     

    Benefits

    • Accepted by over 90 million Mastercard merchants

    • Multiple cryptos as payment options 

    • 3D Secure EMV protects your funds

    • Exciting Loyalty Reward Program

    • 24/7 multilingual customer support

     

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    What Is Bybit Card and How To Use It

     

     

     

     

    How Bybit Card Works

    The currencies in the Bybit Card are composed of 1 fiat currency and 6 crypto assets. The fiat currency assigned to your Bybit Card depends on the country of your Advanced Identity Verification. For example, if the country corresponding to your Identity Verification is Australia, then your Bybit Card will be denominated in USD, and USD will be deducted from your Funding Account. If there is not enough USD for the transaction, crypto will be used to cover the remaining balance.

     

    For the crypto used, you can select your preferred payment crypto for your Bybit Card transactions on the My Bybit Card page. Currently, supported cryptocurrencies are BTC, ETH, XRP, USDT, USDC and TON. You can make a purchase using your Bybit Card, the system will follow the payment priority you've set. Please refer to this FAQ to learn how to manage your spending currencies.

     

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    During the transaction, the fiat in your Funding Account will be deducted first, and when the amount of fiat is insufficient, the crypto as the payment option will be deducted. Please note that the crypto will be automatically liquidated based on the Bybit One-Click Sell exchange rate plus a 0.9% Bybit Card crypto conversion fee if there is insufficient fiat for the transaction. To learn more about fees, please visit this page.

     

     

     

     

    Bybit Virtual and Physical Card

    We support both virtual and physical Bybit Cards. With a Virtual Bybit Card, you can make online payments once you have applied successfully, while a physical Bybit Card allows you to make online payments as well as contactless payments in retail stores using POS terminals that support contactless payments. 

     

    Explore the activation process of Bybit Card and gain insights into its transaction mechanisms by referring to the following articles: 

     

     

    Any feedback about Bybit Card, let our product team know here!

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