KeyTakeaways:
- Bybit Pay enables instant payments between fiat and crypto in Brazil.
- Integration with PIX system offers fast and secure transactions for users.
- Merchants can access Bybit’s global user base, enhancing customer reach.
Bybit Pay has officially launched in Brazil, enabling users to make payments between crypto assets and fiat through integration with the country’s PIX payment system. This expansion opens new payment avenues for Brazilians, facilitating transactions in Brazilian reais (BRL), Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC).
Through Bybit Pay, verified users in Brazil can now complete transactions using QR codes for both fiat and digital currencies. This multi-currency platform ensures smoother payments, providing a simple solution for everyday purchases and online transactions.
Bybit Pay is accessible through the Bybit app and website, offering Brazilian consumers more flexibility in managing their finances.
Enhanced Security and Blockchain Integration
Bybit’s integration with PIX offers more than just convenience; it also brings blockchain-backed security. The system ensures encrypted, tamper-proof transactions, giving users confidence that their financial activities are secure and transparent. This enhanced security aligns with the increasing demand for safer digital payment methods.
Brazilian merchants can now tap into Bybit Pay’s global user base of over 60 million, expanding their reach to tech-savvy customers interested in flexible payment options. With the rise of digital finance in Brazil, Bybit Pay helps merchants cater to a growing segment of crypto users seeking integrated payment systems that blend fiat and cryptocurrency.
To promote the platform, Bybit offers a special campaign for Brazilian users from January 27 to February 28, 2025. Eligible users who deposit $100 or more and complete transactions using PIX QR codes can earn cashback rewards in USDT.
This campaign is designed to encourage the adoption of Bybit Pay in Brazil while rewarding early users with up to 100 USDT in weekly cashback.
