World Crypto Global
- Written by: Jared Kirui
- Mon, 17 Jun 2024
- Israel
The cryptocurrency exchange Bybit has integrated ApplePay with its Bybit Card. This new feature promises a blend of security,convenience, and better pricing for users purchasing cryptocurrencies through the Bybit app or website.Access to 20+ Fiat CurrenciesAccording to the press release, this latest offering enables Bybit's users to access over20 fiat currencies to purchase digital assets with Apple Pay, reportedly withzero transaction fees until July 1, 2024, 10 AM UTC. This promotion aims toencourage users to easily buy cryptocurrencies with their preferred paymentcurrency directly through Apple Pay.Apple Pay offers a payment method that isauthenticated by face ID, Touch ID, or a device passcode, along with a uniquedynamic security code for each transaction. Customers can use Apple Pay ontheir iPhone, iPad, or Mac without needing to repeatedly input shipping andbilling information.Joan Han, the Sales and Marketing Director of Bybit,mentioned: "We are thrilled to offer Apple Pay to our customers as acheckout option in the Bybit app or website, enhancing their payment experiencewith unmatched security and convenience. This integration represents asignificant leap forward in our commitment to providing seamless, secure, andinnovative financial solutions to the global market."A New Checkout Option According to the company, actual card numbers arenever stored on the device or Apple servers when using a credit or debit cardwith Apple Pay. Instead, a unique device account number is assigned, encrypted,and securely stored in a chip within the device for safestorage of payment information.Recently, the crypto exchange Bybit surpassed 30 million registered users globally. The exchange, one of the largest in terms ofspot volumes, has expanded its customer base by 10 million over the past sixmonths, Finance Magnates reported. Last November, Bybit marked its fifth anniversary,highlighting a surge in new user acquisition, which helped increase itscustomer base to over 20 million. As of March 2024, the number of users hadalready exceeded 25 million. This increase was reportedly due to a significantsurge in interest in cryptocurrencies in recent months and the risingpopularity of Bybit's crypto copy trading platform.This article was written by Jared Kirui at www.financemagnates.com.
