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Market News

Bybit Launches eRupee P2P Payment with 30,000 USDT Rewards

Written By Jalpa BhavsarJahnu Jagtap
Published August 12, 2024 9:32 PM·Updated 2 years ago
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Bybit Launches eRupee P2P Payment with 30,000 USDT Rewards

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced a new P2P payment method using Digital Rupee (eRupee) specifically for its Indian users.

As per the press release, to celebrate this launch, Bybit is running an exclusive campaign until August 25, 2024, offering participants a chance to share in a 30,000 USDT prize pool to celebrate this launch.

During the campaign time, users who register and make their initial deposit of at least 50 USDT will be qualified to receive rewards from the prize pool. Bybit has introduced the Digital eRupee to satisfy the increasing need for quick and safe ways to make payments.

Bybit lowers the danger of cyberattacks by facilitating P2P transactions, which allow users to make payments directly without going through conventional banking middlemen.

This initiative also responds to feedback from Bybit’s INR merchants, offering a more secure alternative to traditional banking and helping to mitigate the risks associated with cybercriminal activities targeting bank accounts. Bybit is committed to fostering a safer financial environment for its users through this new payment method.

Also Read: Bybit launches PIXFIUSDT Perpetual Trade, Next is MOTHERUSDT

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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