Bybit Demonstrated Advance Payment Methods and Cryptocurrency Solutions at Web Summit Rio 2025

Rewritten Content

Decrypt's Art, Fashion, and Entertainment Hub

Buzzin' in Rio with Bybit Pay

May 2nd, 2025, Rio de Janeiro

Bybit, the globe's second-largest cryptocurrency exchange, wowed attendees at the 2025 Web Summit in Rio, showcasing its revolutionary crypto offerings and state-of-the-art payment solutions.

Cryptocurrency integration into traditional payments is swiftly becoming a daily reality for millions worldwide, particularly in emerging markets, and Bybit is leading the way with unparalleled crypto-native solutions. The one-stop-shop, known as "The Crypto Ark," addresses every aspect of the crypto community's needs – trading, custody, on and off-ramping, payments, and more – while rapidly evolving into the ultimate crypto lifestyle brand.

Leveraging local partnerships and groundbreaking innovation, Bybit's Brazil chapter aims to become the crypto community's trusted lifestyle partner. Introducing Bybit Pay in 2025 — powered by Transfero — brings a blockchain-based payment gateway to Brazil, offering a smooth crypto-to-fiat transaction experience. This simple solution revolutionizes crypto payments and settlement for users within Latin America's largest economy.

Bybit Pay's Top-Notch Features

QR Scan & Flexible Payments: Quickly and seamlessly pay using fiat or crypto via PIX in Brazil by scanning QR codes.
Efficient Wallet Management: Manage all your crypto and fiat transactions in one user-friendly wallet.
Currency Variety: Support for popular currencies, including BRL (Brazilian real), USDT, USDC, BTC, ETH, and more.
**Secure Payment Transactions: Stay protected on the blockchain thanks to robust encryption.
Merchant Access: Opening up a network of 60+ million users to merchants worldwide.

Web Summit visitors experienced the convenience of Bybit Pay firsthand at the Bybit booth. Attendees engaged with Bybit team members on the future of crypto and explored avenues for institutions, merchants, and retail users to tap into the digital economy with blockchain solutions.

Additionally, the Transfero x Bybit Happy Hour was a highlight, held at the Transfero booth. Attendees learned about Bybit's innovative payments solutions and had the opportunity to partake in a quick Bybit Pay transaction, taking home Bybit-branded swag.

Bybit isn't stopping at enhancing the customer experience solely in the realm of transactions. The platform recently announced a partnership with Tomorrowland Brasil, set to be the key highlight at South America's renowned music festival, sponsoring crypto adoption within the music community. As the event's exclusive Payment Partner, Bybit sets a world-first, connecting music, the crypto-savvy generation, and the decentralized future of payments.

Brazilian users can explore the developments of Bybit Pay and the highly-rewarding Bybit Card with up to 10% cashback in Brazil and Argentina.

About Bybit

Bybit is the second-largest cryptocurrency exchange in the world, serving more than 60 million users globally. Launched in 2018, Bybit focuses on Web3's decentralization, establishing a more open and equal ecosystem. Working closely with leading blockchain protocols, Bybit delivers robust infrastructure and promotes on-chain innovation. Known for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi (traditional finance) and DeFi (decentralized finance). Join the crypto revolution at Bybit.com.

For more information about Bybit, visit the Bybit Press page.

For media inquiries, email [email protected].

Stay updated: Bybit's Communities and Social Media

Contact:

Head of PR Tony Au at [email protected]

[1] Bybit Coinbase for Brazil: Everything You Need to Know About Bybit Pay https://decrypt.co/66543/bybit-coinbase-brazil-bybit-pay-everything-you-need-to-know

[2] Your Guide to Using Bybit's New QR Code Payment Feature https://ethereum-news.co/bybit-qr-code-payment-feature/

[3] Bybit Pay Review: The Crytpo-based Payments App for Binancehttps://thesmartcontract.live/bybit-pay-review-the-crypto-based-payments-app-for-binance/

[4] How Bybit Pay Enables Crypto Payments at Tomorrowland Brasil 2025 https://coinquora.com/how-bybit-pay-enables-crypto-payments-at-tomorrowland-brasil-2025/

[5] Bybit Pay Makes a Splash at TOKEN2049 Dubai with a Cashback Promotion: Here's What You Need to Know https://theblockcrypto.com/post/963164/bybit-pay-makes-a-splash-at-token2049-dubai-with-a-cashback

Bybit's revolutionary crypto offerings and state-of-the-art payment solutions, such as the cryptocurrency-native "The Crypto Ark," are propelling the swift integration of cryptocurrency into traditional payments, especially in emerging markets.
Leveraging local partnerships and innovation, Bybit's Brazil chapter aims to become the trusted lifestyle partner of the crypto community, introducing Bybit Pay in 2025 — a blockchain-based payment gateway— to offer seamless crypto-to-fiat transaction experiences.
Bybit Pay's top-notch features include QR code scanning for flexible payments, efficient wallet management, variety of currency support, secure transactions, and access to a network of merchants worldwide.
Bybit Pay enables users within Latin America's largest economy to revolutionize their crypto payments and settlement processes, demonstrating a promising future for digital assets in the finance landscape.
At the 2025 Web Summit in Rio, attendees could experience the convenience of Bybit Pay firsthand, learning about the future of crypto and avenues to tap into the digital economy with blockchain solutions.
The Transfero x Bybit Happy Hour, held during the Web Summit, provided attendees with an opportunity to learn about Bybit's innovative payments solutions and engage in a quick Bybit Pay transaction.
Bybit sets a world-first at South America's renowned music festival, Tomorrowland Brasil, connecting the music community with the digital economy by sponsoring crypto adoption and serving as the event's exclusive Payment Partner.
Brazilian users can explore the developments of Bybit Pay and the Bybit Card with up to 10% cashback in Brazil and Argentina, bridging the gap between TradFi, DeFi, and the crypto-savvy generation.
Bybit bridges TradFi and DeFi, offering robust infrastructure, diverse marketplaces, intuitive user experience, and advanced blockchain tools, encouraging more openness and equality in the decentralized finance space.