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Home Business

Bybit Launches USDC Cashback for Cardholders

25 April 2025
in Business, News
Reading Time: 2 mins read
103 7
source: businessmetricsng.com

source: businessmetricsng.com

Cryptocurrency exchange giant Bybit has expanded its Bybit Card cashback program by adding USD Coin (USDC), enhancing users’ ability to earn crypto rewards through everyday transactions.

Starting April 25, cardholders can now choose to receive cashback in USDC, joining existing reward options such as USDT, BTC, and AVAX. With this update, Bybit becomes one of the few global platforms offering cashback in the leading USD-pegged stablecoins. This move gives users greater flexibility and control in managing their digital earnings.

To simplify onboarding, new users are issued a virtual card upon approval, instantly compatible with Apple Pay and Google Pay. Once logged in, users can easily select their preferred cashback token through the Card Rewards dashboard. Cardholders may earn up to 10% cashback, or as much as 150 dollars depending on their VIP level on eligible purchases.

On the update, Joan Han, Head of Payments at Bybit, commented,

“Adding USDC gives our users a more stable, versatile reward option. We’re committed to growing the card’s value with more flexible features tailored to the needs of a global crypto-savvy audience.”

 The Bybit Card program has issued over 1.7 million cards worldwide, enabling users to top up, spend, and earn rewards directly from their crypto wallets. Accepted across the Mastercard network, the card offers benefits like up to 8% APY on crypto balances, no annual fees, and exclusive perks such as 100% rebates on services like Netflix and ChatGPT. Users enjoy airport lounge access and early entry to events such as Tomorrowland Brasil 2025. The card supports digital assets, including USDC, USDT, BTC, ETH, and AVAX.

In tandem with the cashback expansion, Bybit has also introduced a new trading feature—Equity Trailing Stop—designed to enhance risk management and maximize returns. The tool integrates with trading bots for continuous market monitoring, automatically allowing users to adjust take-profit and stop-loss levels. This helps reduce retracement risks and supports long-term portfolio growth.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BybitUSDC
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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