Bybit, the third most popular cryptocurrency exchange, announced the launch of a debit card issued by Moorwand and powered by Mastercard.
Highlights
- Bybit, the third most popular cryptocurrency exchange, announced the launch of a debit card issued by Moorwand and powered by Mastercard.
- Users can easily switch from cryptocurrency to fiat and withdraw cash from ATMs with this card.
- The move comes after VISA launched Bitcoin and crypto cards in the UK in February and in 40 countries.
- The payment giants have since reaffirmed their commitment to crypto and denied reports that it would halt its efforts to promote cryptocurrency due to market uncertainty.
- The card will support a core set of cryptocurrencies upon launch, including BTC, ETH, and USDT.
- Customers will receive the cards by mail and can spend at merchants worldwide.
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