Crypto Exchange Bybit Now Supports Digital Rupee Payments

Bybit, a major player in the crypto exchange market, has announced a new feature that enables users to make payments using the Digital Rupee (eRupee).

This addition aims to resolve security issues linked with traditional banking methods and streamline transactions for INR users.

The exchange’s recent move, unveiled on July 30, responds to merchant feedback about banking security concerns.

Bybit’s integration of the eRupee offers a more secure, wallet-based payment solution, addressing both transaction safety and user convenience.

READ MORE:

CBDC: Bank of England to Test Digital Currencies and DLT Integration

Bybit’s Sales and Marketing Director, Joan Han, highlighted that this development is intended to enhance user experience and attract more merchants to the platform, supporting its growth and market expansion.

This shift reflects a broader trend towards digital payment solutions in the growing crypto sector.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.