Cryptocurrency exchange Bybit has launched Bybit Pay in Brazil, integrating digital currencies with traditional financial services. Bybit Pay enables users to transact instantly between Brazilian reais and major digital currencies such as Bitcoin and Ethereum. The platform offers a multi-functional payment platform and allows users to make payments through QR codes. Merchants using Bybit Pay can accept payments in both crypto and fiat, attracting customers looking for flexible payment options. The platform guarantees encrypted, tamper-proof transactions through blockchain technology and aims to be an all-in-one financial app. Bybit is running a promotional campaign in Brazil to encourage adoption, offering cashback to users who make qualifying transactions using Bybit Pay.



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