Bybit Web3 Points are a reward system within Bybit’s Web3 ecosystem, enabling users to earn points through activities like trading, referrals and daily tasks.

Cryptocurrency and blockchain technologies have paved the way for innovative rewards systems that cater to both traders and everyday users. Among these, Bybit Web3 Points stands out as a unique offering. Designed to integrate seamlessly with Bybit Web3’s ecosystem, this points system rewards user engagement and provides opportunities to redeem exclusive perks. 

This article explores what Bybit Web3 Points are, how they work, the benefits they offer and the various ways users can earn them.

 are a reward system within Bybit’s Web3 ecosystem, enabling users to earn points through activities such as trading, referrals and daily tasks. 

These points can be accumulated and redeemed for lottery tickets, which in turn can be used to win up to 100 MNT or 10,000 PENGU tokens. 

Bybit Web3 Points provide a great way to encourage engagement while offering tangible benefits for users.

Bybit Web3 Points operate through a straightforward and powerful system. Points are earned by participating in specific activities within Bybit Web3’s ecosystem. Each activity — whether it’s trading, referring new users or completing daily check-ins — contributes a predetermined number of points to the user’s account. The process is automated, ensuring a smooth and hassle-free experience.

 are calculated daily, and corresponding Web3 Points are credited to user accounts the following day. Referrals allow users to earn additional points for bringing in qualified referees who meet specific criteria. Moreover, daily check-ins incentivize consistent engagement by rewarding users who interact with the platform regularly. This flexible system ensures that everyone, from seasoned traders to beginners, can find ways to earn and benefit.

How to Get Started With Bybit Web3 Points

To get started, users first need to create a 

. These wallets serve as gateways to the ecosystem, allowing you to begin earning points through various activities and enjoying the rewards that come with them.

Once you’ve accumulated Web3 Points, you can use them in several rewarding ways. One key option is to participate in lucky draws, in which rewards are completely random. The more Web3 Points you have, the more entries you can submit, increasing your chances of winning valuable prizes. These draws add an exciting gamified element to the system, making the process of earning points even more engaging.

Additionally, you can monitor and manage your points conveniently through the 

Bybit Web3 Points are more than just a reward system. They offer a host of benefits tailored to users’ needs.

There are various ways in which you can earn more Bybit Web3 Points. Check out our detailed guides below to get started.

Trading on Bybit Web3 DEX Pro is one of the primary ways to earn Web3 Points. The system uses a tiered multiplier mechanism based on trading volume, ensuring that the more you trade, the more you earn.

Trading volumes are assessed daily, with points credited the next day (T+1). This structure rewards active traders and encourages increased participation in Bybit Web3 DEX Pro.

Daily check-ins provide a simple and consistent way to earn Web3 Points. Users holding at least $10 worth of assets in their wallets can participate by sharing posts on social media. The reward system works as follows:

After the seventh consecutive day, the streak resets, allowing users to start the process again. If you miss a day, the check-in streak resets, and you’re required to start from the first day again. This encourages daily engagement with the platform.

New users can earn Web3 Points by completing specific tasks that help them get started on Bybit. For example, they can create a Bybit Seed Phrase Wallet, follow Bybit on social media and complete a trade of at least 100 USDT on Bybit Web3 DEX Pro with their Bybit Seed Phrase Wallet. This provides an easy way for newcomers to start accumulating points as soon as they join the platform.

Inviting friends to join Bybit is another lucrative way to earn points. Rewards are based on the number of qualified referees.

To qualify, referred users must maintain a balance of at least $10 in their wallet for seven consecutive days. Once the referred friend meets the criteria, the referring user will receive their Web3 Points the next day (T+1).

What Can I Redeem With Bybit Web3 Points?

Bybit Web3 is currently running an exciting campaign featuring a huge prize pool of 100,000 MNT and 10,000,000 PENGU. Here’s how you can participate — and what you can win:

Every 1,000 Web3 Points can be exchanged for one lottery ticket. Users have the flexibility to choose a single raffle entry (x1), or to multiply their entry up to ten times (x10) in one go, provided they have enough lottery tickets. With each lottery ticket, you have the chance to win up to 100 MNT or 10,000 PENGU. This means that even one lottery ticket can secure a top prize from the campaign’s generous rewards. Additionally, more exciting rewards will gradually be added, ensuring that the Bybit Web3 Points ecosystem continues to offer fresh and engaging opportunities for all users.

By earning and redeeming your Web3 Points for lottery tickets, you not only boost your engagement with the Bybit Web3 ecosystem, but also receive a chance to walk away with substantial crypto rewards.

Earning Bybit Web3 Points can be highly beneficial if you’re an active participant in the Bybit ecosystem. The platform makes it easy for both new and experienced users to start earning points through multiple activities, and the rewards system is structured to encourage engagement. 

Moreover, the flexibility of the program — such as the fact that points don’t expire — creates appeal for a wide range of users, allowing them to accumulate points over time at their own pace. If you’re already trading on Bybit, or planning to start, earning Web3 Points is a simple and rewarding way to make the most of your experience.

Bybit Web3 Points empower users to maximize their crypto journey by offering a seamless, rewarding experience. With multiple ways to earn and redeem points, this system not only incentivizes engagement, but also aligns with the growing demand for user-centric blockchain solutions. Start earning today and unlock the potential of Bybit Web3 Points!

Beginner

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Bybit Web3 Points: Your Key to Earning Crypto Rewards

Bybit suffered a major hacking incident on February 21, 2025, affecting one of Bybit's Ethereum cold wallets and resulting in almost $1.5 billion in losses.

Bybit suffered a major hacking incident on February 21, 2025, affecting one of Bybit's Ethereum cold wallets and resulting in almost $1.5 billion in losses. The exploit is linked to the state-backed North Korean Lazarus Group.

 — Bybit conducted a routine transfer from one of our Ethereum multisig cold wallets to a warm wallet, first transferring an amount of 30,000 ETH.

 — Hackers exploited the UI of the Safe multisig cold wallet through a sophisticated phishing attack, musking the specific transaction which resulted in the change in smart contract logic of the ETH cold wallet.

This allowed hackers to transfer out the funds from the compromised cold wallet, splitting it across 39 addresses.

Only a single Bybit cold wallet was compromised, resulting in the loss of $1.46 billion:

 — Bybit's co-founder and CEO Ben Zhou 

 about the evolving situation, informing the community early on that the hackers "took control of the specific ETH cold wallet" and assured users that Bybit is solvent and can cover the loss, ensuring client assets are 1:1 backed.

 that "Bybit is Solvent even if this hack loss is not recovered, all of clients' assets are 1 to 1 backed, we can cover the loss."

 to explain the situation transparently to affected users.

Through a phishing attack on the Ethereum cold wallet multisig signers, the transaction and Safe UI was spoofed, allowing the hacker to change the smart contract logic of the multisig wallet. This allowed the hacker to gain control of the Bybit cold wallet and transfer out the funds. Our team is still investigating how the hacker was able to spoof the cold wallet and will release a full post-mortem report shortly.

Bybit's co-founder and CEO Ben Zhou stated during a livestream that there are currently no plans to purchase ETH. However, he emphasized that the company is actively seeking assistance and leveraging bridge loans from partners to navigate liquidity constraints during this critical period.

Ben clarified that Bitcoin remains the primary reserve asset and that other cold wallets remain unaffected.

Ben reassured users that all products and services are operating as usual. Withdrawals have not been halted and continue to be processed as normal.

Bybit’s Head of Derivatives and Institutional, Shunyet Jan confirmed during the livestream that the platform’s P2P services are functioning normally.

 — ZachXBT submitted definitive proof linking the attack to the Lazarus Group, a North Korean cybercriminal organization, 

 the bounty from Arkham Intelligence. His analysis includes test transactions, connected wallets, forensic graphs, and timing details. 

 to ZachXBT, the cluster of addresses is also linked to the Phemex and BingX hack.

 40,000 ETH, exhibiting the strong support shown by industry partners and peers .

 the case to the appropriate authorities and will provide updates as soon as further information becomes available. It actively collaborated with on-chain analytics providers to identify and demix the implicated addresses.

 that 99.994% of over 350,000 withdrawal requests have been processed 10 hours following the hack, with the Bybit team working round the clock to ensure smooth operations and assure client concerns.

 that there was no compromise of its codebase or malicious dependencies, and no other Safe addresses were affected. Following the incident, Safe has temporarily paused its Wallet functionality to conduct a thorough review of service.

 that Bybit hack was significant and dealt a heavy blow to the industry. However, Bybit’s reserves still exceed its liabilities and its user funds remain fully backed.

 that all withdrawals have been processed and has resumed normal operations, less than 12 hours after the $1.4 billion hacking incident — the largest in the industry.

According to the latest monitoring data from 

 and on-chain security team TenArmor, over $4 billion in funds have flowed into the Bybit trading platform in the past 12 hours. Comparative fund inflow analysis indicates that this capital influx has fully covered the shortfall caused by yesterday’s hack.

 on X, stating that while they have made every effort to assist, as a decentralized protocol, they are unable to fully block, freeze, or redirect any funds.

 with ETHPanda, Wu Blockchain, Gracy Chen, and other participants, to discuss the hack incident and share their insights on how to manage it.

 that Tether froze $181,000 USDT linked to the hack.

 approximately $4 billion in withdrawals following the surge post-exploit. Hacken confirmed that Bybit's user funds remain fully backed, with reserves still exceeding liabilities.

 — Bybit launches the Recovery Bounty Program with a reward of 10% of the stolen funds. To participate, contact Bybit at bounty_program@bybit.com

 with Crypto Town Hall, talking about how he handled the situation post-hack, the industry support Bybit received from peers like Bitget, Binance and how the Bybit team worked tirelessly to handle the crisis. Ben also stated that rolling back Ethereum should be a community decision, possibly through a vote, rather than an individual choice.

 that the issue goes beyond Bybit or any single entity, 

stating, "It’s about our industry's approach to hackers." He urged @eXch to reconsider and assist in blocking the outflow of funds.

 that all deposits and withdrawals have resumed to normal levels.

 — $42.89 million of exploited funds were frozen 

 to the coordinated effort of industry partners, including Tether, Thorchain, ChangeNOW, FixedFloat, Avalanche, CoinEx, Bitget and Circle. Additionally, mETH Protocol recovered 15,000 cmETH tokens, worth nearly $43 million.

— 2 days following the hack, Bybit has 

through bridge loans, whale deposits and OTC purchases, effectively covering the ETH deficit from the exploit.

— Hacken, an independent blockchain security firm, 

 an updated proof-of-reserves (PoR) report. Bybit has fully closed the ETH gap of client assets within 72 hours, through strategic partnerships with Galaxy Digital, FalconX, Wintermute and more, along with support from Bitget, MEXC and DWF Labs. Key assets like BTC, ETH, SOL, USDT and USDC exceed 100% collateral ratios. Users can read the full report here: https://www.bybit.com/app/user/audit-report

 the launch of the LazarusBounty program — the industry-first bounty platform that specifically aims to recover funds allegedly stolen by the North Korean state-backed Lazarus Group in the Bybit exploit.

 the preliminary reports of the hack conducted by Sygnia Labs and Verichains. Both reports suggested that the root cause of the hack was due to malicious JavaScript code on Safe{Wallet}'s platform, and no vulnerability was detected in Bybit's infrastructure. For more information, download the reports 

 the V1.1 update to the LazarusBounty platform, which added a cross-chain hacker address analysis, Discord channel, hacker address wallet balance and verified ranking of bounty hunters.

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Bybit Security Incident: Timeline of Events and FAQs

An XRP Spot ETF would offer a regulated and accessible investment vehicle, allowing investors to gain exposure to XRP without directly managing the token itself.

The U.S. Securities and Exchange Commission (SEC) has formally acknowledged filings for an XRP Spot ETF, marking the beginning of a crucial review process that could potentially lead to approval. If successful, this would propel the embattled token from the courtroom shadows to Wall Street’s spotlight — and possibly ignite a price explosion rivaling 

, drawing a significant influx of institutional capital into 

From the high-stakes mechanics of spot ETFs to the trillion-dollar implications for Ripple’s global payment ambitions, this article shows how XRP’s much-anticipated leap to mainstream legitimacy could redraw the crypto hierarchy. Strap in — the countdown to XRP’s market dominance has begun. 

 that would directly hold XRP tokens, enabling investors to benefit from XRP's price movements through investors’ regular brokerage accounts without the complexities of buying, storing or managing the cryptocurrency themselves. XRP is a digital currency designed to enable fast, low-cost transactions and function as a bridge for exchanging various assets and currencies. It’s used to facilitate quick and extremely inexpensive transactions among major financial institutions and blockchains.

An XRP Spot exchange-traded fund (ETF) — if approved — will simplify investing in XRP by allowing people to buy shares that track its price without needing to handle the digital tokens directly. The process begins with a financial institution, such as Bitwise, acting as the ETF sponsor. This sponsor establishes a legally structured trust in order to hold XRP tokens, which are safeguarded by a qualified custodian using secure offline storage methods to minimize hacking risks. The sponsor also ensures compliance with regulatory requirements, such as those established by the SEC, in order to meet transparency and investor protection standards. 

Once the ETF is set up, its shares will be created and managed through collaboration with authorized participants (APs), typically large financial firms like banks or market makers. These APs play a critical role in maintaining the ETF’s stability. 

When demand for the ETF rises, APs deposit XRP into the trust and receive newly created ETF shares in return. Conversely, if investors want to exit the ETF, APs can redeem shares by returning them to the trust and withdrawing the equivalent amount of XRP. This creation-redemption mechanism ensures that each ETF share remains directly backed by XRP, preventing significant deviations between the ETF’s market price and the actual value of the underlying asset. 

After regulatory approval, the ETF would be listed on major stock exchanges, such as the Nasdaq-100 or NYSE, so that everyday investors can buy and sell shares during regular trading hours. The liquidity of the ETF will be supported by APs, who actively buy and sell shares in the open market to balance supply and demand. This structure mirrors traditional stock trading, making it familiar and accessible to mainstream investors.

The value of the ETF is anchored to its net asset value (NAV), calculated daily by dividing the total value of XRP held in the trust by the number of outstanding shares. For example, if the trust holds $500 million worth of XRP and has 50 million shares, each share would have a NAV of $10. However, the market price of ETF shares might temporarily trade slightly above (a premium) or below (a discount) the NAV, due to shifts in investor sentiment or trading activity. As an analogy, think of the way specific concert tickets might sell for more or less than typical prices, based on demand. 

Investors pay two primary costs for this convenience. First, a yearly management fee — often around 

 of assets — covers operational expenses, such as custody and regulatory compliance. Secondly, brokerage fees could apply when buying or selling shares, similar to fees that apply to stock trades. These costs are trade-offs for the simplicity and security of avoiding the technical challenges of storing and managing XRP directly. 

The SEC has formally acknowledged multiple applications for XRP Spot ETFs. Notably, Grayscale's proposal to convert its XRP Trust into a Spot ETF has entered a 240-day review period, with a 

. Similarly, filings from asset managers such as CoinShares, Canary Capital and WisdomTree are under SEC consideration. While the SEC's acknowledgment initiates a public comment period, it does not imply approval. 

The recognition of these applications signals a shift in regulatory perspectives, suggesting that the current U.S. administration could create a more supportive environment for cryptocurrency ETFs. However, the SEC remains cautious, due to ongoing legal disputes over XRP's classification as a security.

Internationally, Brazil has taken a pioneering step by approving the world's first XRP Spot ETF. On Feb 20, 2025, the Brazilian Securities and Exchange Commission (

 the Hashdex Nasdaq XRP Index Fund, which will be listed on Brazil's B3 stock exchange. This development is expected to enhance institutional adoption of XRP, and may influence global regulatory perspectives on cryptocurrency investment vehicles. 

Current Impact of XRP Spot ETF Applications on Crypto Markets

Market optimism regarding XRP Spot ETFs has surged following the recent U.S. presidential election, which ushered in a pro-crypto administration. Bloomberg analysts Eric Balchunas and James Seyffart 

 chance that an XRP Spot ETF will be approved in 2025. This growing confidence has been mirrored in XRP’s price action, which at one point climbed above $2.80 before settling at $2.21 as of Feb 27, 2025.

Investor sentiment has been further buoyed by the SEC’s acknowledgment of multiple XRP Spot ETF filings, which contributed to a 

 on Feb 20, 2025. This development has reinforced expectations of enhanced institutional participation and greater regulatory clarity. Also, technical indicators suggest that XRP is entering a key breakout stage, with some analysts forecasting that ETF approval could drive significant price movements in the near term.

The ripple effects (no pun intended) of XRP’s performance are also evident across the broader cryptocurrency market, as investors increasingly diversify their portfolios with XRP in anticipation of further price appreciation and mainstream adoption.

What Will It Mean if an XRP Spot ETF Application Is Approved?

The approval of an XRP Spot ETF would mark a significant milestone in the cryptocurrency and traditional finance (TradFi) sectors. Such a step would allow investors to gain regulated exposure to XRP through conventional investment vehicles, potentially leading to increased liquidity and broader adoption of the digital asset.

Historically, the introduction of cryptocurrency ETFs has had a profound impact on their respective markets. For instance, the approval of 

 in the U.S. in January 2024 led to substantial capital inflows, with 

 within just over a year. The largest among these, the iShares Bitcoin Trust ETF, holds $57 billion and is approaching the status of the largest commodity ETF. This surge in institutional investment not only boosted Bitcoin's price, but also enhanced its credibility as a legitimate asset class. 

Similarly, an approved XRP Spot ETF could attract significant institutional interest, providing a regulated avenue for investment and potentially leading to a substantial appreciation in XRP's value. Analysts project that XRP Spot ETFs could draw 

Approval would also signal growing regulatory acceptance of cryptocurrencies, potentially paving the way for more crypto-based financial products. For XRP specifically, it could solidify its position as a leading digital asset, further differentiating it from other altcoins. The influx of institutional capital could drive XRP's price to new highs, with some analysts predicting targets of 

Once at the center of a landmark lawsuit over its security status, XRP is now a strong contender for a spot ETF, a development that could rewrite the rules of institutional crypto investing. With the SEC reviewing multiple XRP Spot ETF proposals in the U.S., and Brazil taking a pioneering step with its recent approval, market optimism is on the rise. This new approach could provide investors with a safe, regulated way to gain exposure to XRP without the hassle of managing digital tokens directly. As confidence builds, XRP could see a notable boost in value, mirroring the early positive effects of Bitcoin ETFs and paving the way for broader acceptance of XRP within the realm of mainstream finance.

Intermediate

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XRP Spot ETF Approval: Igniting XRP's Rocket to Market Dominance?

MyShell (SHELL) is a decentralized AI platform enabling anyone to create, share, and monetize AI agents while fostering a fair AI economy for all.

 (AI) technologies are rapidly transforming both traditional industries and the crypto sector, with numerous projects integrating AI-driven solutions launched every week. Within the broader AI sphere, 

 — autonomous programs capable of performing complex tasks — are seeing robust growth. One crypto project recently attracting significant attention is MyShell, a decentralized platform designed to launch and operate custom AI agents.

Launched back in 2023, MyShell introduced its native token, SHELL, in mid-February 2025. The token has caused a mini-furor in the AI agent industry, rising to the top five cryptocurrencies in the AI agent launchpad category within days of its launch.

MyShell allows anyone to create, launch, manage, share and monetize their own AI agents, without any need for programming skills or deep knowledge of the technology. Those familiar with AI programming can build even more powerful agents by utilizing the platform's advanced development modes.

The project’s team has also focused on creating a sustainable and fair economy for AI agent creators and backers. Using MyShell's AI app store, creators can monetize their agents, while crypto users can back promising agent applications and benefit from their potential growth. This isn’t simply a platform to create AI agents — MyShell is a comprehensive ecosystem that supports the entire AI agent life cycle and utility, from creation and application to monetization and growth.

 (SHELL) is a decentralized AI consumer layer that lets anyone create, deploy and monetize a variety of AI agents without the need for programming skills or expertise in AI technology. 

Using the platform’s interface, widgets and tools, creators can design, customize and share AI agents that perform a wide variety of functions — image generation, video production, meme generation, role-playing games (RPGs), trading analysis and more.

MyShell aims to create and develop an open AI ecosystem that will let creators, users and backers of AI agents benefit in a fair, equitable way from the growth of this technology.

The MyShell platform was launched in April 2023, and has attracted more than 5 million users and 170,000 creators as of early 2025. For nearly two years since its launch, MyShell has operated without a native cryptocurrency of its own. On Feb 13, 2025, the platform debuted its native token, SHELL, which quickly became one of the top five AI agent launchpad cryptocurrencies by 

As of the time of this writing on Mar 3, 2025, SHELL has climbed to the fourth position in the category’s rankings, with a market cap of around $153 million. This is a remarkable feat for a crypto that’s been on the market for just around two weeks. 

There are three distinct ways to create agents on the MyShell platform, each method catering to different levels of user expertise:

MyShell also includes a marketplace of AI agents that lets creators list their solutions for monetization and use.

Using the three primary modes described above, creators can design, customize and deploy MyShell agents for various tasks. One popular category is image generation: MyShell uses a technology called 

 to help creators generate high-quality images using either textual or image prompts. LoRA is a system for adapting large language models (LLMs) for specific use cases without needing to retrain the entire model.

Another category of AI agents on the platform is that of video generation. The platform's video generation capabilities let users create hyperrealistic videos with high precision.

There's also the meme generation category, which allows you to create memes by combining online 

, image recognition and text-based models.

A further category of agents on the platform is that of RPG AI agents that can be used to bring non-player characters (NPCs) to life in games. Using MyShell’s technology, creators can embed functional decision-making capabilities into these characters, turning them into active participants in games.

In addition to these agent types, MyShell lets you create AI agents for trading analysis and online companionship.

How Does MyShell Create a Fair AI Economy?

The AIpp Store is MyShell's marketplace. It helps creators monetize their AI apps by listing them for use and sponsorship. In addition, it allows users to support their preferred AI agent apps and profit from early backing for these solutions.

Creators can launch their agent solutions as AIpps and earn revenue through pre-sales and transaction fees, while sponsors can gain exclusive access to the best prices at pre-sale stages through MySoul NFTs. To list an AIpp, creators need to own a Creator Pass NFT.

The AIpp Store is a major way for creators to monetize AI-native applications. It also allows early backers to benefit from their supported agents' growth. This creates a win-win situation for creators and users willing to back promising AIpps, thus contributing to a healthy AI economy.

MyShell further promotes the fairness of the AI economy with Point Carnival, a tiered system of rewards that benefits creators, AI agent users and social media influencers who promote these AI agents.

Within the Point Carnival system, there are four distinct reward point varieties:

Thanks to the Point Carnival system, rewards are available for all types of users and roles interacting with the MyShell platform, in accordance with the project's intense focus on achieving fairness in the AI economy sphere.

The Reward Center on MyShell uses Points and Shell Coins to track user contributions and rewards engagement. Points are the basic units earned via participation and specific activities on the platform (discussed above). Users can claim their Shell Points via the Reward Center at the end of each month, and exchange them for Shell Coins.

Shell Coins act as the platform's off-chain currency, allowing users to redeem rewards and purchase certain add-ons or features.

What Is the MyShell Crypto Token (SHELL)?

SHELL is MyShell’s native cryptocurrency token. Its key functions include providing access to premium features on MyShell, facilitating payments and enabling creator support. SHELL has a total supply of 1 billion, to be distributed evenly between its 

SHELL allocation shares are per the chart below.

There's no shortage of AI applications and AI models in the 

 industry. Their meteoric growth is likely to continue for the foreseeable future, and AI agents are a particularly hot area within this sector. However, what’s truly in short supply in the market is an environment for an equitable, fair and beneficial economy for all parties involved — agent creators, users, backers and promoters/influencers.

In this regard, MyShell is a real gem as it endeavors to address the needs of all these parties, with features like an inclusive reward system, an AI app store that brings together creators and backers, and an easy-to-use AI agent development framework. The market appears to be noticing MyShell's merits, with the SHELL token establishing itself as a leading crypto asset in this specialized category within days on the market. The question now is: Will this early success translate into sustained long-term growth for the platform overall?

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MyShell (SHELL): Creating a Fair AI Economy for Creators and Users

Bybit Learn

Bybit Card

Activate and use your virtual Bybit Card today hassle-free for online purchases and subscription services like Netflix and more to earn cashback rewards.

Virtual_Card_to_Make_Purchases_Online_1.jpeg

Online shopping has recently become a norm for most people, particularly for its convenience and accessibility. Whether it’s grocery shopping or food deliveries, the practicality is hard to beat. So, when it comes to payments, you want a system that’s just as flexible while being robust. That's where Bybit Card comes in handy: a digital payment option designed to streamline your online shopping experience, offering a seamless, secure and efficient payment method.

The virtual Bybit Card isn't a physical plastic card, but rather exists online. It's the digital equivalent of a physical card, with a unique card number, expiration date and CVV number. 

It can be easily added to any supported digital wallets.

The virtual Bybit Card enhances your online shopping experience, providing added control, security and convenience. In this guide, you'll learn how a virtual Bybit Card works — and how to maximize it to the fullest.

Physical vs. Virtual Bybit Card: The Differences

 is a Mastercard debit card that lets you spend, store and access your funds for easy spending on the go. The card is meant to integrate the utilization of cryptocurrencies into your daily life. 

The virtual Bybit Card functions similarly to the physical card, except that the physical card allows you to make in-store purchases that support contactless, chip or PIN payment methods. 

Bybit users who are eligible and have passed the application process are entitled to use the virtual card instantaneously upon activation. 

However, those who wish to have a physical card must complete the 

The virtual Bybit Card operates just like your regular credit or debit card, but with an extra layer of protection. When you're ready to make an online purchase, you enter your virtual Bybit Card details, just as you would with a physical card. The transaction is processed similarly, but without your actual card details ever being exposed.

You might be wondering about the practicality of using a virtual Bybit Card. For instance, how do you keep track of your card details if there's no physical card? The good news is that all your virtual Bybit Card information is stored securely online, accessible via your Bybit Account. This means you can access your card details anytime, anywhere — without carrying a physical card.

Benefits of Using a Virtual Bybit Card for Online Shopping

There are a few key benefits to using a virtual Bybit Card. 

The virtual Bybit Card provides safe and secure transactions and ensures user convenience in the digital space. Incorporating advanced security measures like end-to-end encryption and biometric authentication offers its users an extra layer of safety. Moreover, real-time transaction notifications and instant freezing options allow Bybit Card users to maintain firm control over their spending. 

This cutting-edge digital solution is also ideal for those wishing to keep their banking information private, as it enables you to transact without revealing sensitive data. Indeed, the virtual Bybit Card is revolutionizing the way we conduct online transactions by prioritizing both user security and convenience.

Bybit Card is designed to streamline this process. As a virtual card, it can be closed instantly, if necessary, without affecting your main account on Bybit. Furthermore, with the Bybit Card, you can immediately generate a new card number and update your vendor's information without waiting for days, as traditional credit and debit cards require.

The virtual Bybit Card adds a new dimension to convenience, enhancing the user experience with its unique features and seamless functionality. It’s an ideal tool for managing your digital assets, given its creation, and usage. With increased control over spending and transaction security, the virtual Bybit Card caters to the demands of modern-day online shopping experiences. Moreover, its compatibility with mobile apps and online accounts ensures hassle-free use across various digital platforms.

Competitive Fees and Cashback Rewards Same As Physical Card

Bybit Card users enjoy the same competitive fees for both the physical and virtual card version. You can save up to 8% APR when you turn on the 

. In addition, using Bybit Card helps you unlock higher cashback of up to 10% for your daily spending. Users who wish to earn even more rewards can opt to refer new Bybit Card referees — and earn up to 20 USDT for every successful referral as well as up to merchant rebates for any ChatGPT, Netflix, Spotify, Amazon Prime and TradingView subscriptions. 

Bybit also offers users more exclusive perks to redeem limited physical and digital merchandise within our Rewards Market for all eligible Bybit Card users. 

Here are some of the active campaigns and initiatives for Bybit Card: 

: Users need to log in to their Bybit Account and hold a valid Bybit Card to access the merchandise redemption page to start redeeming their gifts.

Simplified Expenditure Tracking and Management

The virtual Bybit Card is also revolutionizing the way businesses handle financial transactions. Its sophisticated tracking and management tools provide an organized overview of all your expenditures at your fingertips. This can help you keep track of employee spending to ensure that every penny is accounted for. Thus, incorporating the virtual Bybit Card into your operations can lead to improved financial control and a more efficient business model.

Virtual Bybit Card promotes flexibility for users applying and using the card for online spending at their convenience. Virtual cards are free of carbon footprints, thus eliminating plastics and earth metals waste for card production compared to a physical card. It is integrated with the system, and all requests can be made online almost instantaneously without printing and posting a package.  

How to Use the Virtual Card to Make Purchases Online

 have a wide range of practical applications, and can be used in a variety of situations. Some of the most common use cases include:

Virtual cards are ideal for online shopping as they provide a secure and convenient way to purchase without needing a physical credit card. They can also be used for recurring payments, such as subscription services, to help users manage their expenses better.

For example, users can start using the virtual Bybit Card for services like Amazon, ASOS, OTTO, Zalando and more to get their groceries or shop for fashions. Users simply choose Bybit Card as a preferred payment method, and enjoy perks like cashback credited to their wallet.

Subscription Services and Recurring Payments

Virtual cards can be used to set up recurring payments for subscription services, such as streaming, software or other digital products. This can help users better manage their expenses and keep track of their subscriptions:

: Bybit Card is now supported on Apple Pay (EEA only), Google Pay (EEA and AU), Samsung Pay and more (EEA only). 

 can also be a lifesaver, as they can be used to track employee expenses and manage corporate spending. They can also be used for travel expenses, such as hotel and rental car reservations. This can help businesses better manage their costs and keep track of employees’ spending while they travel.

Registering for a virtual Bybit Card is straightforward. First, you need to have a Bybit account. If you don't have one, you can easily sign up online. Once you have an account, you can apply for a virtual Bybit Card from your dashboard.

After your application is approved, your virtual Bybit Card is issued instantly. You can then access your card details from your Bybit account. It's that easy! 

Before we wrap up, let's address some common questions you might have about the virtual Bybit Card.

Can I use my virtual Bybit Card for in-store purchases? 

No. The virtual Bybit Card is designed specifically for online transactions.

What happens if I suspect my virtual Bybit Card’s details are leaked?

Bybit supports hassle-free card cancellation at your convenience. Users can request a new virtual card replacement anytime, 24/7, as a safety precaution if card details are suspected to be infiltrated. Once you receive the new Bybit Card, you can continue spending online securely. 

To understand how this can be done seamlessly, visit our 

What happens if I lose my virtual Bybit Card details? 

Don't worry. You can easily retrieve your card details from your Bybit account.

Is there a fee for using the virtual Bybit Card? 

Most of the time, no. However, some online retailers may charge a small fee. 

To understand the Bybit Card fee structure, visit our 

The world of online shopping is constantly evolving, and the virtual Bybit Card is part of that evolution. It's designed to make your online shopping experience more secure and convenient. With its unique features and functionalities, the virtual Bybit Card is set to revolutionize the way you shop online.

Bybit Card: How to Use Your Virtual Card to Make Purchases Online

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards