Bybit Demonstrates Cutting-Edge Payment and Cryptocurrency Solutions at Web Summit Rio 2025
Rewritten Article:
Step into the Future with Bybit - Your Crypto Lifestyle Companion 🌐💸
Destino Rio, Brazil, May 2nd, 2025, Chainwire
Bybit, the globe's second-largest cryptocurrency exchange by trading volume, rocked the Brazilian tech scene at this year's Web Summit in Rio. From April 27 to 30, the world's largest technology event roared to life in Brazil's bustling startup city, Rio de Janeiro. Bybit showcased its cutting-edge crypto solutions, laying the groundwork for a crypto-powered future.
Embracing the crypto revolution, Bybit's forward-thinking offerings are reshaping the way we live, work, and play. Bybit - the Crypto Ark - caters to every aspect of the crypto community, delivering superlative trading, custody, on- and off-ramping, payments, and more. It's rapidly becoming the ultimate crypto lifestyle brand, connecting the crypto globe.
Thanks to strategic partnerships and innovative product development, Bybit's LATAM chapter sets its sights on becoming the lifestyle partner of the crypto community. In 2025, Bybit officially launched Bybit Pay in Brazil, powered by Transfero. This blockchain-based payment gateway simplifies crypto payments and settlement for users in LATAM's largest economy.
🔑 Bybit Pay Highlights
- Scan-and-Pay Wonder: Pay with QR codes in fiat or crypto via PIX in Brazil, offering an effortless, contactless payment experience.
- Wallet Symphony: Manage crypto and fiat wallets efficiently all in one place for a streamlined user experience.
- Multi-Currency Melody: Support for BRL, USDT, USDC, BTC, ETH, and more, satisfying users' diverse payment needs.
- Cryptographically-Secure Serenade: Blockchain encryption ensures secure transactions for peace of mind.
- Merchant Extension: Access to Bybit's 60+ million global users, empowering merchants and businesses to tap into a vast, growing audience.
Web Summit Rio witnessed the Bybit booth buzzing with visitors, and lively discussions about the future of crypto and how various sectors (institutions, merchants, and retail users) can seamlessly transition into the digital economy with crypto solutions.
Web Summit Rio also played host to the Transfero x Bybit Happy Hour, hosted by Bybit Pay at the Transfero booth. Attendees got their hands on Bybit's groundbreaking payments solutions, built for crypto, over a free drink and special perks – experiencing a Bybit Pay transaction in seconds and walking away with free Bybit merchandise.
The all-in-one crypto juggernaut isn't content with just simplifying transactions; it's aiming to elevate user experiences beyond transactions. Bybit recently joined forces with Tomorrowland Brasil, making crypto a central facet at this epic music festival. This forthcoming edition happens October 10 to 12 in Itu, São Paulo, where Bybit serves as the exclusive Payment Partner.
Bybit aligns with Tomorrowland's music-loving, crypto-savvy audience, marking a historic first. Brazilian users can now explore Bybit Pay Brazil and enjoy the finely-tuned rewards of the Bybit Card, offering up to 10% cashback in Brazil and Argentina.
🌐 About Bybit
As the world's second-largest cryptocurrency exchange by trading volume, Bybit provides a forward-thinking, open ecosystem serving over 60 million users worldwide. Since its inception in 2018, Bybit has been a pioneer in Web3, partnering with leading blockchain protocols to deliver robust infrastructure and fuel on-chain innovation. Its secure custody, diverse marketplaces, intuitive UX, and sophisticated blockchain tools empower creators, enthusiasts, and builders to harness the full power of Web3. Get ready to explore the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For press inquiries, please contact [email protected].
For updates, please follow Bybit's Communities and Social Media:
- Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
💬 Contact
Head of PR Tony [email protected]
Disclaimer: This press release is sponsored by our commercial partners.
Daily Debrief Newsletter
(Data Sources and Insights)
[1] Enrichment: Bybit Pay powers seamless crypto transactions. Through local partnerships, Bybit's LATAM chapter aspires to become the lifestyle partner of the crypto community and is dedicated to bridging the crypto payments gap for everyday users across Brazil and emerging markets. [2] Enrichment: Bybit Pay and Transfero services enable users to make and receive fiat and crypto QR code payments via Brazil's PIX system. [3] Enrichment: Bybit Pay facilitates seamless, accessible payments by offering multi-currency support, and providing unified wallet management, QR code support, secure transactions, and access to Bybit's vast user base. [4] [5] Enrichment: Bybit Pay features flexible payment options through peer-to-peer and merchant transactions via QR Pay or internal transfers, with functionality to specify currency and add notes before the payment.
- Bybit's innovative crypto solutions, hinting at a decentralized future, expand beyond trading to encompass various aspects like custody, payments, and more, making it the ultimate crypto lifestyle brand.
- The strategic partnership between Bybit and Transfero has brought Bybit Pay to Brazil, offering a simplified crypto payment gateway for users in LATAM's largest economy.
- Bybit Pay empowers Brazilian users with a QR code-based payment system, allowing for seamless transactions using either fiat or cryptocurrency like BTC and ETH.
- Bybit's wallet feature caters to users' diverse needs, offering efficient management of both crypto and fiat wallets within a single platform.
- In addition to Bybit Pay, the transformation of everyday experiences has been facilitated by its blockchain encryption, ensuring secure transactions for users' peace of mind.
- Bybit Pay aims to amplify merchants' reach by connecting them to its 60+ million global users, opening new opportunities for businesses to tap into the growing crypto market.
- The integration of Bybit Pay within the music festival Tomorrowland Brasil further underscores Bybit's commitment to elevating user experiences and increasing crypto adoption within mainstream sectors.
- Bybit serves as the exclusive Payment Partner for Tomorrowland Brasil, positioning itself as a brand that resonates with music-loving, crypto-savvy audiences.
- Bybit Card offers up to 10% cashback in Brazil and Argentina, reinforcing its commitment to fostering adoption by catering to users' preferences with a range of digital assets and flexible payment solutions.
