A new crypto card has arrived in the Italian market—the Bybit Card. Following in the footsteps of well-known options like the Binance Card and Crypto.com Card, Bybit has now entered the cryptocurrency payment space.
A crypto card is a debit card that allows you to spend your cryptocurrencies at any merchant (with instant conversion from crypto to EUR) while earning rewards such as crypto cashback.
One of the biggest advantages of this card is its management costs: they're completely free! There are no monthly or annual fees.
Additionally, unlike some competitors, you don’t need to stake any tokens to qualify—it’s free for all users.
Below, we’ll cover everything you need to know about the Bybit Card, including how to request one, fees, limits, and rewards.
Overview of the Bybit Card
The Bybit Card operates under the Mastercard network and functions as a debit card. To use it, you’ll need to deposit funds into your Bybit exchange account, which acts as the linked wallet for transactions.
Payments are deducted from the Funding Wallet (the default exchange wallet) and can be made in fiat currencies (such as EUR or USD) or cryptocurrencies.
The card comes in two formats:
- Virtual card (issued instantly for online purchases)
- Physical card (shipped after activation, usable at any POS terminal)
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Currently, the Bybit Card does not support Apple Pay or Google Pay, but future integration may be possible.
How to Request the Bybit Card
You can apply for the card on the official Bybit Card website. Simply:
- Register an account.
- Complete the activation form.
- Pass Level 2 KYC verification (requires identity and address proof).
Once approved, you’ll receive:
- Virtual card (activated immediately)
- Physical card (delivered later via mail)
Cashback and Rewards
The Bybit Card offers:
- Cashback program (small percentage back on purchases)
- Loyalty points (redeemable for discounts or crypto)
- Exclusive discounts (via partner promotions)
All rewards are available without token staking—a major advantage over some competitors.
Fees and Limits
Transaction Fees:
- 0% for fiat payments (direct EUR spending)
- 0.9% for crypto-to-fiat conversions
- 0.5% for cross-currency conversions (e.g., USD to EUR)
Other services—ordering, canceling, or renewing the card—are free.
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FAQ
1. Is the Bybit Card available worldwide?
Currently, it’s primarily available in Europe, with plans to expand.
2. Can I use the card for ATM withdrawals?
Yes, but fees may apply depending on the ATM provider.
3. How long does physical card delivery take?
Typically 5–10 business days after approval.
4. What cryptocurrencies are supported?
Major coins like BTC, ETH, and stablecoins are accepted.
5. Is there a spending limit?
Limits vary based on account verification level.
6. Can I track transactions in real time?
Yes, via the Bybit exchange dashboard.
The Bybit Card combines low fees, flexible spending options, and generous rewards, making it a strong contender in the crypto debit card market.