“By leveraging PIX QR codes and multi-currency support, Bybit Pay offers a seamless, secure, and flexible solution tailored to the evolving needs of our users,” said Joan Han, Sales and Marketing Director at Bybit.
Bybit, the world’s second-largest crypto exchange by trading volume, has taken a major step in integrating crypto payments into everyday transactions in Brazil. On January 27, Bybit announced the launch of its new payment solution, Bybit Pay, which aims to bridge the gap between traditional finance and the rapidly evolving digital payments.
🚀 Bybit Pay is now live in Brazil!
— Bybit (@Bybit_Official) January 27, 2025
💳 Here with Pix Pay, Bybit Pay is making crypto payments easier than ever.
🎉 Stand a chance to unlock 100% cashback opportunities every week!
👉 https://t.co/20VK8yL3oF#Bybit #TheCryptoArk #BybitPay pic.twitter.com/8Yosh5Mcv9
The platform is now live in Brazil and integrates with Pix, the instant payment system developed by the Central Bank of Brazil. Bybit Pay supports transactions in fiat currency and major cryptocurrencies such as Bitcoin BTC $84 922 24h volatility: 0.3% Market cap: $1.69 T Vol. 24h: $10.48 B , Ethereum ETH $1 596 24h volatility: 1.0% Market cap: $192.69 B Vol. 24h: $5.11 B , USD Coin USDC $1.00 24h volatility: 0.0% Market cap: $60.90 B Vol. 24h: $4.58 B , and Tether USDT $1.00 24h volatility: 0.0% Market cap: $144.79 B Vol. 24h: $22.77 B . Users with verified accounts can access the service via Bybit’s app or website, facilitating direct wallet connections for efficient transactions.
Bybit Pay’s Crypto-Fiat Gateway for 60M Users
Bybit Pay offers extensive benefits for businesses by granting access to its global user base exceeding 60 million. Merchants can process fiat and cryptocurrency payments, broadening their customer base and enhancing payment flexibility. In Brazil, integration with Pix enables users to complete transactions quickly and securely using QR codes.
“Bybit Pay is designed to bridge traditional and digital payments effortlessly. Brazil’s forward-thinking adoption of digital finance makes it the ideal market for this launch. By leveraging PIX QR codes and multi-currency support, Bybit Pay offers a seamless, secure, and flexible solution tailored to the evolving needs of our users,” said Joan Han, Sales and Marketing Director at Bybit.
A key advantage of Bybit Pay lies in its blockchain-enabled security. The platform employs encryption to ensure tamper-proof transactions, safeguarding user privacy and promoting transparency. Multi-currency support further streamlines financial management by enabling users to handle fiat (Brazilian reais) and cryptocurrencies within a single wallet.
Bybit’s expansion into Brazil coincides with the nation’s emergence as a leader in digital payments across Latin America. Brazil’s widespread adoption of innovative financial technologies underscores its strategic importance for the global crypto company’s latest product launch.
Bybit Pay Launches 100% Cashback Campaign
Bybit Pay launched a promotional campaign from January 27 to February 28, 2025. Brazilian users depositing $100 or more and completing payments via Pix QR codes qualify for 100% cashback in USDT, with a maximum of 100 USDT per participant.
Weekly, 100 winners will be chosen across three payment tiers:
- Payments between $5 and $10: 50 winners
- Payments between $11 and $50: 30 winners
- Payments between $51 and $100: 20 winners
Bybit’s integration of Pix highlights its dedication to advancing security and multi-currency functionality in Brazil’s payment system. This initiative establishes Bybit Pay as a pioneering solution for users and merchants in the digital finance era, driving the adoption of digital payment solutions across Latin America.
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