Bybit Card

The Bybit Card is a crypto-powered debit card that allows users to spend digital assets directly from their Bybit account anywhere traditional card networks are accepted. Designed to bridge centralized exchange balances with real-world payments, the card converts supported crypto into fiat at the point of sale.

For users already earning yield or holding assets on Bybit, the card provides a seamless way to deploy capital without first withdrawing to a bank.

Is Bybit Card a Visa or Mastercard? Well, Bybit is available on both networks and it depends on what region you’re from to determine which card network you get.

ByBit Card Features

1. Spend Crypto Instantly

The Bybit Card allows users to spend supported cryptocurrencies directly from their exchange wallet. Assets are converted to fiat in real time when transactions occur.

2. Multi-Asset Support

Supported assets typically include major cryptocurrencies and stablecoins, such as:

• Bitcoin (BTC)
• Ethereum (ETH)
• USDT
• USDC

Availability may vary by jurisdiction.

3. Cashback Rewards

Bybit offers tiered cashback rewards depending on user status and promotional campaigns. Cashback is typically paid in USDT or other supported assets.

4. Virtual & Physical Cards

Users can access a virtual card for online purchases and may apply for a physical card where available.

5. No Annual Fee

The card does not typically carry an annual fee, though FX spreads, ATM withdrawal fees, or inactivity fees may apply.

How It Works

1. Fund your Bybit Funding Account.
2. Select your preferred spending asset.
3. Make purchases online or in-store.
4. Crypto is automatically converted to fiat at checkout.

All spending is managed within the Bybit app, allowing users to:

• Freeze/unfreeze the card
• View transaction history
• Adjust spending priorities

Rewards & Economics

The Bybit Card is positioned primarily as a spend-and-earn tool. Users holding assets on Bybit can:

• Earn yield via Bybit Earn products.
• Spend directly from exchange balances.
• Potentially stack promotional cashback campaigns.

However, users should evaluate:

• Conversion spreads
• Reward caps
• Jurisdictional availability

Who It’s Best For

The Bybit Card is well-suited for:

• Active Bybit exchange users
• Traders with idle stablecoin balances
• Users who want liquidity without bank off-ramps
• Crypto-native users seeking cashback on spending

It may be less ideal for:

• Users seeking high fixed cashback rates
• Long-term cold storage holders

Bybit Availability

The Bybit Card is available in select regions, primarily within parts of Europe and other supported jurisdictions. Bybit card is not available in the U.S.