Crypto exchange Bybit, in collaboration with the Kazakh startup S1lkPay, is expanding into new markets.

Bybit cryptocurrency exchange is expanding the global presence of Bybit Card in collaboration with the Kazakh startup S1lkPay. Pre-registration is now open.

The Bybit Card, which has become the primary method for paying with cryptocurrency for users worldwide, is currently undergoing expansion. It now covers markets such as Argentina, Brazil, and the Netherlands. Pre-registration is already open with a $10 bonus for the first 1,000 applicants.

The development is led by Bybit Limited, regulated by the Astana Financial Services Authority. The first issuance of the branded Bybit Limited card is being carried out in collaboration with the Kazakh startup S1lkPay, a certified principal member of the Mastercard payment network and a provider of BaaS and CaaS services. S1lkPay will support the issuance and integration of payment features into the prepaid Bybit Mastercard app.

By offering users with digital assets in their portfolios seamless access to cryptocurrency, the Bybit Card facilitates smoother use of cryptocurrencies and everyday spending. It also features transparent and low fees, cashback rewards of up to 10%, and 8% APY, along with a wide range of supported tokens.

Source: bluescreen.kz