Bybit, the world's second-largest cryptocurrency exchange by trading volume, is proud to announce that the Bybit Card has been recognized by Mastercard, the global leader in payment technology, as the Best Performing Crypto Card at EDGE 2025.
Mastercard hosted the fourth edition of EDGE, its flagship forum dedicated to shaping the future of payments across EEMEA. The event brought together senior global executives from various industries to explore emerging opportunities in payments, digital infrastructure, and consumer trends. Under the theme 'Commerce: De-Coded', EDGE 2025 delved into how innovations such as agentic AI, embedded finance, tokenization, and stablecoins are transforming global commerce and accelerating fintech evolution.
Bybit Card: A Fast Pass to the Future of Crypto Payment
Since its introduction in 2024, the Bybit Card has garnered over two million cardholders globally. It distinguishes itself by seamlessly integrating cryptocurrencies with traditional payment rails, catering to the everyday needs of digital asset holders and prioritizing a rewarding user experience. Through its extensive rewards programs, exclusive partnerships spanning utility and culture, and innovative solutions, the Bybit Card empowers users to convert and spend their digital assets at millions of merchants worldwide within the Mastercard network.
"We are honored to receive this award from Mastercard, a global leader in financial innovation and a trusted partner in payment technology. The recognition validates Bybit's vision to make crypto freedom a reality and digital assets more accessible for everyday users," said Sophie Chen, Head of Marketing at Bybit Card and Pay. "The Bybit Card demonstrates the potential of digital assets in a connected world. EDGE 2025 brought together the companies actively building this infrastructure, and we're focused on ensuring crypto users have the same seamless payment experience as traditional cardholders."
This accolade arrives at a time when the payments industry is experiencing rapid transformation driven by embedded finance, tokenization, and AI-powered commerce solutions.
Mastercard's own advancements reflect this accelerating shift. Nearly half of all Mastercard online transactions in Europe are now tokenized, placing the company on track to achieve its goal of 100% tokenization by 2030. In the realm of AI-commerce, industry reports indicate that AI assistants may handle 20% of eCommerce activities in 2025, highlighting the crucial importance of secure and intelligent payment infrastructure, such as that recognized in the Bybit Card.
Best Performing, Most Loved
The Bybit Card allows cryptocurrency holders to easily spend their digital assets in real-world scenarios, offering instant conversion, competitive rates, unique user benefits, and global acceptance at millions of Mastercard merchants.
Key Features of the Bybit Card:
- •Crypto convenience: facilitating seamless fiat-to-crypto spending and cash withdrawals from supported ATMs worldwide with a physical card available to Mastercard holders.
- •No annual fees and up to 8% APR on balances.
- •Year-round perks: offering 100% rebates on subscriptions including Netflix, Spotify, and selected AI tools, airport lounge access, and other benefits that are refreshed seasonally.
- •Multi-asset transactions and cashback: supporting transactions in BTC, ETH, XRP, TON, USDT, USDC, MNT, and BNB; providing cashback options in USDC, USDT, BTC, and AVAX, with additional options forthcoming.
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Established in 2018, Bybit is dedicated to redefining openness in the decentralized world by fostering a simpler, open, and equal ecosystem for everyone. With a strong emphasis on Web3, Bybit engages in strategic partnerships with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Known for its secure custody solutions, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit effectively bridges the gap between TradFi and DeFi, enabling builders, creators, and enthusiasts to harness the full potential of Web3. Explore the future of decentralized finance at bybit.com.