One of the leading cryptocurrency exchange platforms Bybit now lets you make payment with Apple Pay for your cryptocurrency transactions. This update marks a new era for the financial side of Bybit’s ecosystem, offering a payment enhancement-level service to not only improve transactions but ensure they are also done with further enhanced security and anti-fraud.
Bybit’s collaboration with Apple is in line with its ongoing commitment to offer intuitive and cutting-edge financial services to its international customer base, and will come as a very welcome development.
Zero-Fee Window and Apple Pay Advantages
Until July 1, 2024, Bybit users can experience near-zero trading fees for buying cryptocurrencies with 20+ fiat. Users have the exceptional opportunity to make the most of the investments with this zero fee window.
With integration of Apple Pay, users can now make a purchase via the Bybit app or website and save the hassle of entering the same shipping and billing information repeatedly. Apple assures that transactions can be done quickly through Safari on Apple devices like iPhone, iPad and Mac.
While bearing good news Bybit through its partnership with Apple Pay integrates payment seamlessly and ultimately increases the digit of security by a massive amount. Privacy and security is built into Apple Pay. Facial recognition, touch ID or device passcode are used to authenticate the user along with a dynamic security code for each transaction.
Apple does not store actual card numbers on devices or on Apple servers. Instead it uses an unique Device Account Number, encrypts it, and stores it in a secure element on the device like a credit card, so your sensitive payment info is kept private and secure.
Forward-Looking Statements by Bybit Leadership
Joan Han, the Sales and Marketing Director at Bybit, expressed excitement about the integration, noting it as a significant enhancement to user experience, “This integration represents a significant leap forward in our commitment to providing seamless, secure, and innovative financial solutions to the global market.”
Notably, this move is part of an initiative to draw more users to Bybit as a platform, by allowing them to trade digital assets more easily and securely.