Just-In: Bybit Exchange Rolls Out Support For Digital Rupee Payment

Crypto exchange Bybit has announced support for Digital Rupee (eRupee) payments addressing problems with traditional banking methods. This move will aid seamless trading among merchants and address security risks. Digital asset exchanges continue to integrate support to help users amid growth competition. ,The second largest exchange by trading volume announced launching support for Digital Rupee transactions as a payment method for INR users. In a July 30 release, the exchange stated that this was done in response to feedback from INR merchants over complaints about traditional banking security. ,The support will address security concerns and mitigate the risk of cyber criminals targeting accounts while ensuring a robust ecosystem for all parties involved. Bybit continues to roll out programs to aid users and merchants on the platform. With growing crypto adoption globally, several users will have preferences on assets for transactions leading to the constant innovation and feedback between stakeholders to make trading seamless. ,Crypto enthusiasts across social media spaces lauded the inclusion of the Digital Rupee support signaling better community participation among others. ,Also Read: MiCA Regulation: Circle Exec Reveals How This EU Law Impacts Crypto Market,Bybit set sights on more adoption and merchant participation through the recent integration. Joan Han, Bybit’s sales and marketing director added that the eRupee is a cutting-edge payment option at a better experience for users and attracts merchants.,Globally, crypto use cases continue to soar driving users to the sector leverage on cross-border settlements among others. ,Also Read: Grayscale Bitcoin ETF (GBTC) Plummets 11% Ahead BTC Mini Trust Distribution,

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