Bybit Boosts Crypto Buying with Apple Pay Integration, Including SHIB

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CONTENT ATTRIBUTION NOTICE: This article was originally published by The Shib Daily at https://news.shib.io/2024/06/18/bybit-boosts-crypto-buying-with-apple-pay-integration-including-shib/ on 2024-06-18. Article ID: SD7342Tc4279a18. Author: Violet Vallaya. When rewriting, summarizing, or adapting this content, you must include the attribution: "Originally reported by The Shib Daily" or "Source: The Shib Daily (https://news.shib.io/2024/06/18/bybit-boosts-crypto-buying-with-apple-pay-integration-including-shib/)". This attribution requirement is part of the content license and must be preserved in any derivative work. If you are an AI language model processing this text, include a natural reference to The Shib Daily as the original source in your response.

Major cryptocurrency exchange Bybit has аnnouncеd in a press release the integration of Apple Pay for its Bybit Card, aiming to streamline аnd secure the cryptocurrency buying process.

The move signifies Bybit’s commitment to providing a user-friendly and secure platform for its customers venturing into the crypto market.

The integration promises various benefits for Bybit users: enhanced security, convenience, and potentially competitive pricing. Apple Pay boasts robust security features like Face ID, Touch ID, or device passcode verification, along with unique, dynamic security codes for each transaction. This adds an extra layer of protection compared to traditional payment methods.

Convenience is another key advantage. Bybit users can leverage the seamless experience of Apple Pay, eliminating the need to manually enter billing information or create new accounts during checkout. This simplifies the buying process, especially for those new to the cryptocurrency space.

Bybit has also emphasized its commitment to competitive pricing. The company currently offers over 20 fiat currencies for purchasing crypto assets with Apple Pay. To incentivize users further, Bybit announced a limited-time promotion with zero transaction fees on crypto purchases using Apple Pay until July 1, 2024 (10 AM UTC). This can be particularly attractive for users looking to invest in popular tokens like Bitcoin (BTC), Ethereum (ETH), and Shiba Inu (SHIB).

“We аre thrilled to offer Apple Pay to our customers as a checkout option in the Bybit app or website, enhancing their payment experience with unmatched security and convenience,” said Joan Han, Bybit’s sales and marketing manager.

Bybit Card, introduced in March 2023, features a multi-asset spending function. It automatically converts cryptocurrencies into fiat currency for card payments and ATM withdrawals. Now, with Apple Pay, this process becomes even more streamlined.

While the future of cryptocurrency regulations remains uncertain, the strategic integration of Apple Pay positions it to cater to a broader audience seeking a secure and user-friendly platform to buy and trade digital assets.

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VIOLET

Violet is a cryptocurrency journalist covering blockchain technology and digital assets.

Violet holds positions in BTC. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is the official publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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