If you’ve ever tried splitting a restaurant check, a group gift, or even a recurring shared cost with friends who all use different wallets, you’ll understand why crypto bill-splitting has never really been… smooth. Bybit thinks it can fix that—and its latest update to Bybit Pay is exactly that attempt.

The exchange, which is now the world’s second-largest crypto platform by trading volume, has launched a new Split Bill feature that lets users divide expenses directly in the Bybit app and settle them in crypto with a quick QR scan. And yes—it works for pretty large groups, too.

How the new Split Bill feature works

Here’s the basic idea: create a bill inside the Bybit Pay interface, choose the cryptocurrency, confirm the amount, and Bybit generates a unique QR code. Each participant scans it, and the app automatically prompts them to pay their exact portion in the selected token.

A few details worth noting:

• Users can choose from a growing list of supported cryptocurrencies, including BTC, ETH, and multiple stablecoins.
• The system supports up to 100 participants, which makes it surprisingly useful for events, parties, meetups, or even small communities.
• Payments are made instantly inside the Bybit ecosystem, meaning no awkward waiting, no calculator apps, and no tracking who “will pay later.”
• The feature builds on Bybit Pay’s existing support for QR code payments—already available in several regions for online checkouts and point-of-sale crypto payments.

It’s all designed to make crypto payments feel a little more like mobile banking… but without the bank.

What Bybit Pay currently offers

While the new bill-splitting feature is the headline, it sits on top of Bybit Pay’s broader payment ecosystem. The service already lets verified users:

• Send and receive crypto
• Pay merchants via QR
• Make fast P2P transfers
• Manage multiple tokens in one place

Bybit currently supports 20+ major cryptocurrencies, including Bitcoin, Ethereum, USDT, USDC, and other mainstream assets. The rollout of Split Bill fits with Bybit’s long-running strategy: make crypto spending as simple as crypto trading.

Of course, availability still depends on local regulations—something all global exchanges deal with—but Bybit says it will continue expanding regional support where possible.

Why this matters for everyday crypto use

Most exchanges have prioritized trading tools, yields, and derivatives. Very few have put real energy into consumer-friendly payment features. That’s precisely why this update stands out.

Crypto bill-splitting is not just a “fun extra.” It solves a real pain point for anyone who:

• Lives with roommates
• Hosts events or gatherings
• Travels with friends
• Uses crypto as a day-to-day spending tool
• Works in remote teams or DAOs where shared expenses are common

The experience until now required multiple wallet messages, screenshots, manual calculations, and—ironically—a lot of trust. Bybit is banking on the idea that shared transactions should be as quick as sending a message.

How Bybit stacks up against the competition

Bybit isn’t the only exchange trying to simplify crypto payments, but the bill-splitting angle is relatively rare.

• Binance Pay offers merchant tools and P2P transfers, but does not provide structured bill splitting with QR codes for groups.
• Crypto.com Pay supports QR payments and cashback rewards, but again lacks a group-payment system integrated into the wallet.
• Coinbase has focused primarily on self-custody and international transfers, leaving everyday shared payments to third-party apps.

So Bybit’s move is both strategic and timely. It positions the exchange in a space that has been underserved—Web3 payments for real social scenarios. This trend aligns with wider industry movement: a shift away from speculation-focused crypto and toward practical financial tools. According to recent reporting from The Block and CoinDesk, user demand for simple, utility-driven features has grown as market volatility pushes consumers toward stable, predictable use cases.

Bybit’s approach mirrors what the industry is signaling: crypto needs to be useful, not just valuable.

About Bybit

Founded in 2018, Bybit has built a global community of more than 70 million users. Known for its secure custody infrastructure, intuitive trading interface, and growing Web3 ecosystem, it collaborates with leading blockchain protocols to push forward on-chain development. The exchange is positioning itself as a bridge between traditional finance and decentralized networks—and tools like Bybit Pay are becoming a key part of that strategy.

Conclusion: A smart move in a market moving toward real utility

Bybit’s Split Bill feature might sound small, but strategically, it’s a clever play. In a landscape where competitors focus heavily on trading incentives, staking, and institutional tools, Bybit is quietly carving out a niche in everyday crypto usability—a space with huge growth potential.

If anything, this update reinforces a trend we’re seeing across the industry: after years of speculation-led hype cycles, users now gravitate toward products that solve actual problems. And splitting a bill—whether you’re with friends, coworkers, or a 50-person meetup—is a universal problem.

Bybit’s solution won’t replace traditional payments overnight, but it nudges crypto one step closer to being a convenient choice rather than a complicated alternative. And for a sector trying to gain mainstream trust, that’s exactly the direction it needs to go.