Bybit EU expands in the Nordic region and launches payment cards

Bybit, the world's second largest cryptocurrency exchange based on trading volume, is now expanding in the Nordic region with Bybit EU. The company launches Bybit Card in partnership with Mastercard a payment card in that is directly linked to users' cryptocurrencies.

September 4, 2025
Crypto exchange
Payments

The card can be used anywhere Mastercard is accepted.

Nordic leader

Bybit's Nordic expansion is led by Gustav Buder, founder of Paytrim, among others.

“At Bybit EU, we offer a professional platform that enables Nordic users to trade and invest safely. Our vision is to give crypto “adult clothes” and make it a natural part of the modern economic ecosystem,” Gustav Buder, Nordic Country Manager at Bybit EU, said in a press release.

Bridge between crypto and TradFi

According to the press release, the Bybit Card is the first of its kind in Europe and opens up a whole new financial infrastructure, where cryptocurrency can provide returns while allowing it to be used for payments in everyday life. The card builds a bridge between cryptocurrency and traditional finance. Through the collaboration with Mastercard, users can save, earn and use their crypto values in real time. This eliminates the complicated process of manual withdrawals and allows users direct access to their values.

New app version

In conjunction with the launch of the card, Bybit EU is also launching a simplified version of its app. The new Bybit EU Lite app is designed to make crypto more user-friendly for beginners, while allowing experienced traders to easily switch to the more advanced interface. Users can also Bybit Card to Apple Pay and Google Pay to make payments and deposits even easier.

“Cryptocurrency isn't just for special interests anymore, it's part of the economic system of the future. We offer a platform that is both powerful enough for the most experienced customers and accessible to beginners. We are committed to building trust and want to offer a stable platform that gives users freedom and opportunities to explore the new economy,” says Gustav Buder.

Bybit EU is part of the Bybit Group, with over 72 million users and a daily trading volume of NOK 290 billion.

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