Posted 10 months ago | by Ben Armstrong
Bybit Introduces Fiat Gateway to Support Over 20 Fiat Currencies
According to a recent post from the exchange called Buy Crypto with Ease, Bybit has announced the launch of its new service Fiat Gateway which allows traders to buy cryptocurrency with fiat currency on its platform. The crypto exchange now allows its users to exchange more than 20 fiat currencies for cryptocurrency.
The new service supports traders to experience quick trades and buy cryptocurrencies, including BTC and ETH. Bybit users can trade their USD, SGD, PHP, VND, EUR, HKD, TRY, NOK, PLN, CZK, THB, RUB, DKK, SEK, GBP, CAD, INR, IDR, MYR, and AUD.
If you are interested in buying tokens with fiat currency, or a range of other cool trading tools, check out Bybit by clicking right here. You can join the exchange at no cost, and discover all the features it has waiting for anyone who is interested in cryptos.
Bybit Makes Buying Cryptos Simple
Bybit users can now use payment methods in the new Fiat Gateway, including Visa and Mastercard.
According to Bybit:
“The service was created in partnership with Banxa and Xanpool, two of the world’s most popular and trusted fiat solutions providers.”
While Bybit is now supporting the purchase of BTC and ETH directly, it is also expanding its partnerships with other companies to offer more coins to its customers.
Ben Zhou, the CEO of Bybit, commented:
“We believe that by offering an option to buy crypto directly on Bybit and adding to our existing pool of services provided, it will further improve our users’ experience on the platform, and offer a convenient springboard for new users to onboard easily onto Bybit.
Great New Offers
To celebrate the new launch, Bybit is rolling out a promotion program for users of Fiat Gateway.
New users who buy $100 worth of BTC or ETH will receive an extra BTC coupon worth $10. The maximum offer tops out at $50 and is valid until July 22. When the buying amount is equal to or more than $100, the user can also get the coupon.
Jeffery Liu, the CEO of XanPool, one of the two payment partners, noted that his company plans to expand its partnership with Bybit into other business areas in the future.
Banxa, the other new Bybit partner company, also started working with Binance earlier this year. Binance started using the fiat-to-crypto onramp of Banxa to support Australian dollars and Thai baht in this January.
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