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Bybit launches physical card in Brazil with cashback and exclusive benefits

Bybit has launched its Physical Card for Brazilian users, enhancing their ability to use cryptocurrency for everyday transactions. The card offers a 2% cashback on purchases, supports USDT, BTC, and ETH, and includes benefits like free issuance, no fees, and integration with Apple Pay and Google Pay. Users must first apply for the Bybit Virtual Card to access the Physical Card, reflecting Bybit's commitment to providing innovative financial tools in Brazil.

Bybit introduces fixed rate loan service for stable and predictable crypto financing

Bybit has launched a Fixed Rate Loan service, allowing users to lend and borrow cryptocurrencies with fixed interest rates and terms. This innovative offering provides predictable costs for borrowers and steady returns for lenders, with flexible collateral options and a streamlined management process. Loan durations range from 7 to 180 days, with a minimum order amount of 1,000 USDT equivalent, enhancing accessibility and reliability in crypto finance.

Bybit launches token treasure hunt campaign for traders with exciting rewards

Bybit has launched its "Token Treasure Hunt" campaign, inviting traders to participate from now until January 16, 2025. By completing tasks, participants can earn lucky draw tickets for a chance to win various tokens, with trading volume and referrals enhancing their opportunities for rewards. This initiative aims to engage traders of all levels in a rewarding experience.

Bybit launches sea turtle adoption initiative to support wildlife conservation efforts

Bybit, the second-largest cryptocurrency exchange, has launched a sea turtle adoption initiative in partnership with WWF to promote wildlife conservation. Running from December 24, 2024, to January 24, 2025, the campaign invites new and existing users to contribute by making a deposit, with funds supporting vital research and habitat protection for endangered species. This effort reflects Bybit's commitment to environmental sustainability and enhancing user experience through its collaboration with Sumsub for improved security and compliance.

Bybit launches lucky draw for first-time depositors with crypto rewards

Bybit is launching a campaign for first-time depositors, offering rewards ranging from 5 USDT to 0.1 BTC through its One-Click Buy feature. Participants who deposit at least $100 will receive a lucky draw ticket with a guaranteed win, available until January 16, 2025. The initiative aims to simplify crypto trading and enhance accessibility for new users.

bitcoin reaches all time high while ethereum options signal bullish sentiment

Bybit's latest crypto derivatives report reveals Bitcoin (BTC) reaching an all-time high, while the derivatives market adopts a cautious stance, indicating a reset in leverage. In contrast, Ethereum (ETH) options show bullish sentiment, with significantly higher open interest in call options compared to puts, reflecting traders' optimism about ETH's potential.

eth options lead over btc as perpetual positions decline

Bybit's latest derivatives report reveals a decline in ETH perpetual positions while ETH maintains a lead over BTC in options open interest. The report attributes the drop in ETH open interest to weak spot prices and a pullback in BTC, with funding rates stabilizing after a wave of liquidations. Despite lower trading volumes, ETH options show a bullish trend ahead of year-end expirations, contrasting with BTC's flat options structure.

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