/PRNewswire/ — Bybit EUthe European arm of Bybit and a MiCA-licensed cryptoasset service provider based in Vienna, today announced the integration of PayPal as a new fiat currency funding and withdrawal method in EEA markets where the platform is active. This cooperation brings together one of the most recognized global payment brands and one of the best-known crypto platforms in the EU, providing users with a secure and familiar way to move from fiat to digital assets.
For millions of Europeans, PayPal is synonymous with secure online payments. By integrating PayPal directly into its funding and withdrawal flows, Bybit EU removes a major barrier for new users: the uncertainty of how to get started. Users can now access cryptocurrencies with the same payment method they already use for their daily 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 more than just a convenience improvement. It represents a commitment to building a secure and reliable digital finance ecosystem in Europe.
“The PayPal integration is an important step in our mission to provide secure, compliant and intuitive access to digital assets”to declare Mazurka Zeng, Co-CEO of Bybit EU. «This collaboration helps align reliable payments with a regulated business environment and gives users greater confidence when entering the crypto space.»
“As more consumers embrace cryptocurrencies, reliable payment experiences are key to driving more use of digital assets”to declare Samba Natarajan, Senior Vice President et General Manager, Europe chez PayPal. «By offering a fiat payment and withdrawal option to enable cryptocurrency transactions on Bybit EU, we are giving our users seamless access to the growing digital asset ecosystem with the same security and trust they know from PayPal.»
Through PayPal, users can fund their Bybit EU accounts or withdraw cryptocurrencies without having to open new accounts or wait for bank transfers. This integration provides a simplified entry point for anyone looking for a fast, smooth and reliable way to get started with cryptocurrencies in a regulated framework.
To support the launch, Bybit EU and PayPal will launch a co-branded rewards campaign, where users can earn up to 30 euros worth of BTC rewards when they top up their account with PayPal. Additionally, users who download the latest version of the app or update their app will also be offered Bybit fees on fiat currency deposits made via PayPal for a limited period.
#BybitEU | #NewFinancialPlatform
About Bybit EU
Bybit EU GmbH is an Austrian Crypto-Asset Service Provider (CASP) authorized by the Crypto-Asset Markets Regulation (MiCA) in Austria. Bybit EU serves customers across the European Economic Area (EEA) — excluding Malta — through the bybit.eu platform.
Bybit EU GmbH is authorized to offer the following services:
- custody and administration of crypto-assets on behalf of clients;
- the exchange of crypto-assets for funds;
- the exchange of crypto-assets for other crypto-assets;
- the placement of crypto-assets; And
- crypto-asset transfer services on behalf of clients.
BybitEUGmbH is neither a crypto-asset trading platform operator nor an investment advisor.
Media Relations: [emailprotected]
www.bybit.eu
Disclaimer: This press release is issued for information purposes only and does not constitute investment advice or an offer to buy or sell any digital assets. The products and services mentioned in this document are subject to the laws and regulations in force in the relevant territories and may not be available in certain regions.
Logo – https://mma.prnewswire.com/media/2723256/Bybit_Europe_Logo.jpg