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Despite rising global adoption and a significant surge in total crypto market capitalization, cryptocurrencies have yet to become a widely adopted payment method. Bybit Pay, a novel crypto payment solution launched by Bybit, the world’s second-largest cryptocurrency exchange by trading volume, aims to bring crypto payments mainstream.
Bybit Pay enables users to pay in the real world using supported crypto assets or fiat currencies, and allows vendors to receive payment in their local currency. As part of this effort, Bybit has announced a partnership with Uquid, an innovative web3 e-commerce platform.
Key Takeaways:
Bybit Pay makes it easy to spend cryptocurrencies by offering instant, fee-free payments and crypto-to-fiat conversions.
Through its partnership with Uquid, Bybit Pay gives users access to over 525,000 products and services across 200 countries.
Users can earn up to 50% cashback by shopping with Bybit Pay during the limited-time Uquid Flash Cashback event.