Renowned cryptocurrency exchange ByBit now permit its users trade over 20 fiat currencies for cryptocurrency.
In line with a recent official announcement on 22nd June, ByBit users can now exchange their USD, Australian dollars, Canadian dollars, euros, Singapore dollars, British pounds sterling along with several others for crypto’s of their choice. ByBit CEO Ben Zhou said that it had been two partnerships that came together to make it possible:
“Thanks to our payment partners Banxa and XanPool, Bybit users can now frictionlessly purchase crypto with credit or debit credit .”
However at the same time, ByBit users are eligible for a $10 USD bonus in Bitcoin [BTC] for each $100 USD of Bitcoin or Ethererum [ETH] that they buy – the offer maxes out at $50 USD and is applicable until 22nd July.
The CEO of XanPool, Jeffery Liu, one among the two new payment partners. He added that his company plans to expand its relationship with ByBit into other business arenas within the mere future, but however declined to reveal any details for now.
Banxa, the other, previously scored a collaboration with the leading cryptocurrency exchange Binance earlier this year. Also in January, Binance started using Banxa’s fiat-to-crypto onramp to simply accept Australian dollars and Thai baht.