/PRNewswire/ — Bybit EUthe European arm of Bybit and a MiCAR-licensed crypto asset service provider headquartered in Vienna, today announced the integration of PayPal as a new fiat money deposit and withdrawal method in the EEA markets where the platform operates. The collaboration brings together one of the best-known global payment brands and one of the EU’s best-known crypto platforms and offers users a safe and trusted way to switch between fiat money and digital assets.
For millions of Europeans, PayPal is synonymous with secure online payments. By directly integrating PayPal into funding and withdrawal streams, Bybit EU removes an important barrier for new entrants: the uncertainty about how to get started. Users can now access cryptocurrencies using the same payment method that they already use for their daily purchases.
Bybit EU operates within the EU’s MiCA legal framework, which ensures clear consumer protection, transparent processes and compliance with European standards. The addition of PayPal is therefore more than just a convenience upgrade. It represents a commitment to building a secure and trustworthy digital financial ecosystem in Europe.
“The integration of PayPal is an important milestone in our mission to provide secure, legally compliant and intuitive access to digital assets“, says Mazurka Zeng, Co-CEO von Bybit EU. “The collaboration brings trustworthy payments into line with a regulated trading environment and gives users even more confidence when entering the crypto space.“
“As more consumers engage with cryptocurrencies, trusted payment experiences are key to encouraging broader use of digital assets“, says Samba Natarajan, Senior Vice President und General Manager, Europe bei PayPal. “By offering a fiat money payment and withdrawal option to enable crypto transactions on Bybit EU, we offer our users seamless access to the growing digital assets ecosystem with the security and trust they know from PayPal.“
With PayPal, users can fund their Bybit EU accounts or withdraw crypto earnings without opening new accounts or waiting for bank transfers. The integration provides a streamlined entry point for anyone looking for a fast, frictionless and reliable way to get into cryptocurrencies in a regulated framework.
To accompany the launch, Bybit EU and PayPal will launch a joint reward campaign in which users can earn up to 30 euros in BTC when they top up with PayPal. In addition, users who download or update the latest app version will benefit from zero Bybit fees for fiat money deposits via PayPal for a limited time.
#BybitEU | #NewFinancialPlatform
Information about Bybit EU
Bybit EU GmbH is an Austrian Crypto-Asset Service Provider (CASP) approved in Austria in accordance with the Markets in Crypto-Assets Regulation (MiCAR). Bybit EU serves customers throughout the European Economic Area (EEA) (except Malta) via the bybit.eu platform.
Bybit EU GmbH is authorized to offer the following services:
- Custody and management of crypto assets on behalf of customers
- Exchanging crypto assets for money
- Exchanging crypto assets for other crypto assets
- Placement of crypto assets
- Transfer services for crypto assets for customers
Bybit EU GmbH neither operates a trading platform for crypto assets nor does it offer 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 the laws and regulations applicable in the respective countries and may not be available in certain regions.
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