/PRNewswire/ — Bybit EUthe European branch of Bybit and the Vienna-based MiCAR-licensed crypto-asset service provider, today announced the integration of PayPal as a new method of funding and withdrawing fiat currencies in the EEA markets where the platform operates. This collaboration brings together one of the most recognized global payment brands with one of the best-known crypto platforms in the EU, offering users a safe and well-known way to move between fiat and digital assets.
For millions of Europeans, PayPal is synonymous with secure online payments. By integrating PayPal directly into its funding and withdrawal processes, Bybit EU removes a key barrier for newcomers: the uncertainty of how to get started. Users now have access to cryptocurrencies using the same payment method they normally use for everyday purchases.
Bybit EU operates within the EU MiCA regulatory framework, which ensures clear consumer protection, transparent operations and compliance with European standards. The addition of PayPal is therefore not just an improvement in convenience. It represents a commitment to building a safe and trustworthy digital finance ecosystem in Europe.
“The integration of PayPal is an important milestone in our mission to offer secure, compatible and intuitive access to digital assets,” she said Mazurka Zeng, Co-CEO of Bybit EU. “This collaboration combines trusted payments with a regulated business environment and gives users even more confidence when entering the crypto space.“
“As more and more consumers adopt cryptocurrencies, trusted payment experiences are key to the wider use of digital assets,” he said Samba Natarajan, Senior Vice President a General Manager, Europe v PayPal. “By providing fiat currency payments and withdrawals that enable crypto transactions on Bybit EU, we provide our users with seamless access to the growing ecosystem of digital assets with the same safety and security they know in PayPal.“
Thanks to PayPal, users can fund their Bybit EU accounts or withdraw cryptocurrency earnings without opening new accounts or waiting for bank transfers. The integration provides a simplified entry point for anyone looking for a quick, easy and reliable way to get started with cryptocurrencies within a regulated framework.
The launch will also include a joint loyalty campaign of Bybit EU and PayPal, in which users will be able to receive bonuses in BTC worth up to 30 euros when topping up their PayPal account. Additionally, users who download or update the app to the latest version will be eligible for zero Bybit fees for fiat currency deposits via PayPal for a limited time.
#BybitEU | #NewFinancialPlatform
About Bybit EU
Bybit EU GmbH is an Austrian Crypto Asset Service Provider (CASP) authorized under the Crypto Asset Markets Ordinance (MiCAR) in Austria. Bybit EU provides services to customers throughout the European Economic Area (EEA) – with the exception of Malta – through the bybit.eu platform.
Bybit EU GmbH is authorized to offer the following services:
- custody and management of crypto assets on behalf of clients;
- exchange of crypto-assets for funds;
- výmena kryptoaktív za iné kryptoaktíva;
- storage of cryptoassets and
- transfer services for cryptoassets on behalf of clients.
Bybit EU GmbH does not operate a trading platform for cryptoassets, nor does it provide investment advice.
Media contact: [emailprotected]
www.bybit.eu
Disclaimer: This press release is for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned herein are subject to applicable laws and regulations in applicable jurisdictions and may not be available in certain regions.
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