Bybit EU, the European arm of the crypto service provider Bybit, has announced the integration of PayPal as a new fiat funding and withdrawal method across the European Economic Area (EEA), according to reports shared with Finbold on March 17.
The integration enables users to move between fiat and digital assets using PayPal, a widely used online payments platform, within markets where Bybit EU operates.
Deposits and withdrawals via PayPal
Bybit EU said the addition of PayPal is intended to simplify how users fund their accounts and withdraw proceeds, allowing them to use a familiar payment method without opening new accounts or relying on traditional bank transfers.
The platform operates under the European Union’s MiCA regulatory framework, which sets requirements around consumer protection, transparency, and compliance for crypto-asset services. According to the company, integrating PayPal forms part of its broader effort to provide a regulated and accessible environment for users entering the digital asset space.
To support the launch, Bybit EU and PayPal will also introduce a co-branded reward campaign, allowing users to earn up to €30 worth of BTC when topping up with PayPal.
Additionally, users who download or update to the latest version of the app will benefit from zero Bybit fees on fiat deposits via PayPal for a limited time.
Featured image via Shutterstock.
Source: https://finbold.com/bybit-eu-integrates-paypal-for-funding-and-withdrawal-options-across-eea/
