Bybit Pay Launches in Brazil, Integrates PIX for Seamless Crypto and Fiat Transactions

• Bybit Pay now allows Brazilians to make payments using crypto and fiat via PIX QR codes for easy transactions.
• Merchants in Brazil can access Bybit’s global user base and accept payments in crypto or fiat with PIX integration.
• A cashback campaign rewards early Bybit Pay users in Brazil with up to 100 USDT for adopting the platform.

Bybit Pay has officially launched in Brazil and is offering a seamless payment system that integrates with the country’s PIX payment network. Verified users can now transact using QR codes, enabling payments between Brazilian reais and cryptocurrencies like Bitcoin, Ethereum, Tether, and USD Coin.

The platform simplifies financial transactions for both fiat and digital currencies. This multi-currency capability ensures flexibility for Brazilian consumers managing their payments online or in person.

Secure Blockchain Integration Enhances Trust

Bybit Pay’s integration with PIX prioritizes security through blockchain technology. The platform uses encrypted, tamper-proof systems to ensure transparency and privacy in transactions. These measures align with growing demand for safer digital payment methods in Brazil’s expanding financial ecosystem.

With this integration, Bybit Pay supports deposits, withdrawals, and payments across both fiat and cryptocurrency wallets. The blockchain-backed infrastructure also meets the rising need for secure financial tools in the market.

Opportunities for Customers

The platform provides new opportunities for Brazilian traders by connecting them to Bybit’s global user base of over 60 million people. Merchants can now accept payments from customers using cryptocurrencies or traditional fiat currencies through the PIX network.

This expanded reach allows businesses to cater to crypto users who prefer integrated payment systems blending traditional and digital finance. Bybit Pay enhances merchants’ ability to attract new customers while simplifying transaction processes.

Adoption Campaign Offers Incentives

To encourage early adoption, Bybit has launched a cashback campaign for Brazilian users from January 27 to February 28, 2025. Verified users who deposit $100 or more and complete transactions using PIX QR codes qualify for weekly cashback rewards.

The campaign offers up to 100 USDT to 100 participants each week. This initiative promotes user engagement and boosts the platform’s adoption in Brazil’s growing digital economy.

Bybit Pay’s entry into Brazil underscores its strategy to unify traditional and cryptocurrency payment systems, addressing increasing demand for secure and flexible financial solutions.