Bybit Launches Crypto Card in Mexico with 10% Cashback and Exclusive Introductory Offer

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has expanded its services to Mexico with the launch of the Bybit Card. This move marks Bybit's entry into Latin America's third-largest economy, offering users the ability to spend up to eight cryptocurrencies while earning a lucrative 10% cashback on eligible purchases. An exclusive introductory offer further sweetens the deal with an additional 50% cashback on the first transaction. The rollout in Mexico follows successful deployments in other regions, reinforcing Bybit's commitment to global crypto adoption and financial innovation.

Bybit Expands Crypto Card Services to Mexico with 10% Cashback Incentive

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched its Bybit Card in Mexico, marking its entry into Latin America's third-largest economy. The card allows users to spend up to eight cryptocurrencies while earning 10% cashback on eligible purchases. An introductory offer includes an additional 50% cashback on the first transaction.

The rollout follows successful deployments in Brazil and Argentina, solidifying Bybit's position in the region. Mexico ranks second in Chainalysis's 2024 Global crypto Adoption Index, highlighting growing digital asset demand. Mastercard and local partner Pomelo support the card's infrastructure.

New users can activate the card with a $100 deposit in fiat or supported cryptocurrencies. Bybit is courting local merchants and creators through partnership programs, promising exclusive benefits to strengthen Mexico's crypto ecosystem.

Pi Network’s Open Mainnet Launch: Six Years of Mobile Mining Faces Reality Check

Pi Network's Open Mainnet launch on February 20, 2025, marked a pivotal moment for the Stanford-born project, transitioning from a mobile mining experiment to a live blockchain. With 19 million verified users and 10.14 million migrated wallets, the network surpassed its initial goals, yet skepticism lingers.

The Pi token debuted at $2.00, briefly spiked to $2.98, then collapsed to $0.50—a volatility pattern underscoring market doubts. Industry leaders like Bybit's Ben Zhou and Cyber Capital's Justin Bons challenge Pi's fundamental premise: whether smartphone-based mining contributes meaningfully to decentralization.

Exchange adoption remains sparse, with no major platforms yet listing PI. Centralization concerns and unproven utility cast shadows over the six-year journey, leaving pioneers questioning if their daily button-taps will ever yield substantive returns.