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Bybit Adds BOB to P2P, Boosts Crypto Access for Bolivian Traders

13 May 2025
in Crypto, News
Reading Time: 3 mins read
105 4
Home News Crypto

Bybit has expanded its peer-to-peer (P2P) trading platform to support the Bolivian Bolíviano (BOB), marking a significant milestone for users in Bolivia who can now buy and sell cryptocurrencies directly in their local currency. This development underscores Bybit’s ongoing commitment to increasing financial inclusion and reflects its broader push to grow its footprint across Latin America.

Alongside the new currency support, Bybit has introduced a merchant program designed to incentivize user participation. Traders who list BOB trading ads on the platform can earn up to 400 USDT in bi-weekly commissions. Additional bonuses are available for those who post listings in multiple fiat currencies, further encouraging regional engagement.

“This rollout of BOB support is part of our mission to empower communities with greater crypto access,”

said Mazurka Zeng, Head of Fiat at Bybit.

“It’s a response to growing demand from Bolivia and a step toward building more inclusive digital economies.”

Bybit offers 1-on-1 customer service and accelerated appeal resolution processes to support merchants. To qualify for rewards, merchants must maintain active listings and meet specific trading volume and order benchmarks. Performance is reviewed every two weeks, with commissions distributed via the Rewards Hub.

This update comes as part of Bybit’s larger regional strategy, as interest in cryptocurrencies continues to rise throughout Latin America. By adding Bolivia to its P2P infrastructure, the company is enhancing crypto accessibility while creating new income opportunities for local users.

Building on this momentum, Bybit has also officially launched Bybit Pay in Brazil. Powered by Transfero, the blockchain-based payment system allows users and merchants to transact using crypto or fiat via Brazil’s widely used PIX system. With QR code functionality and support for major currencies like BRL, USDT, USDC, BTC, and ETH, Bybit Pay delivers seamless, secure, and encrypted payment processing, solidifying Bybit’s role in advancing Web3 adoption across the region.

 

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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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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