Coinspeaker
Bybit Integrates Apple Pay for Zero-Fee Crypto Purchases
Bybit, a leading crypto exchange, announced that it would support Apple Pay with its Bybit Card. This new feature offers a more secure and private payment option for users. Starting today, customers can buy crypto assets through the Bybit app or website using Apple Pay, which enhances convenience and security.
Bybit users can take advantage of competitive currency rates and use over 20 fiat currencies to purchase crypto assets. Until July 1, 2024, Apple Pay transactions will have no fees, allowing users to invest without extra costs. The company aims to encourage Apple Pay adoption with this fee waiver.
Apple Pay Enhances Bybit Security
Apple Pay now works with Bybit, making checkout faster and more secure on iPhone, iPad, and Mac. Users can buy anything without creating accounts or entering billing information repeatedly. Apple Pay uses Face ID, Touch ID, or passcodes with a one-time dynamic security code for secure transactions.
Joan Han, Bybit’s Sales and Marketing Director, said:
“We are thrilled to offer Apple Pay to our customers as a checkout option in the Bybit app or website […] This integration represents a significant leap forward in our commitment to providing seamless, secure, and innovative financial solutions to the global market.”
Apple Pay prioritizes security and privacy. It assigns a unique Device Account Number to each card, encrypts it, and stores it in the Secure Element, a certified chip protecting payment information. This ensures actual card numbers are never stored on the device or Apple servers, enhancing privacy and security.
Bybit’s User-Centric Commitment
Bybit’s commitment to innovation extends beyond its robust trading platform and ultra-fast matching engine. The company prioritizes user experience by offering 24/7 customer support and multilingual community assistance.
On top of that, Bybit boasts an important partnership with Formula One’s reigning champion team, Oracle Red Bull Racing, showing its dedication to excellence and a dynamic approach to the ever-evolving crypto world.
With the integration of Apple Pay, the exchange takes another step forward in simplifying and securing the crypto buying process. This move caters to a growing demand for user-friendly crypto investment solutions and positions Bybit as a leader in fostering a more accessible and secure crypto landscape.
