"Bringin, an Estonia-based Bitcoin financial services platform, has announced the full release of its comprehensive Bitcoin-to-euro solution, following an 18-month beta testing period during which approximately 1,000 early users transacted over €6 million. The platform aims to bridge the gap between Bitcoin self-custody and everyday financial needs for users in the eurozone. The launch addresses longstanding challenges faced by Bitcoin holders in Europe, particularly the difficulties in converting and spending Bitcoin for daily transactions."
"Bringin's solution combines self-custodial Lightning Network functionality with traditional financial services, offering users the ability to manage both Bitcoin and euro transactions within a single application. Key features of the platform include direct on-ramping to self-custody, Bitcoin-to-euro conversions through on-chain (11 minutes) or Lightning Network (5 seconds) transactions, and personal virtual IBAN accounts for each user. Users can gain access to both virtual and physical Visa debit cards with zero transaction fees, enabling Bitcoin spending anywhere Visa is accepted."
"The platform's integrated approach allows users to handle significant Bitcoin-to-euro conversions exceeding 1 BTC, making it suitable for large purchases such as vehicles or property. The service also simplifies compliance and banking relationships through its dedicated virtual IBAN system, addressing a common pain point for Bitcoin users who frequently face banking restrictions or compliance challenges. Bringin's solution is particularly noteworthy for its built-in Lightning Network wallet, eliminating the need for users to manage external wallets."
Bringin, an Estonia-based Bitcoin financial services platform, launched a full Bitcoin-to-euro solution after an 18-month beta during which about 1,000 early users transacted over €6 million. The platform bridges Bitcoin self-custody with everyday euro financial needs by combining a self-custodial Lightning Network wallet and traditional banking features in a single application. Features include direct on-ramping to self-custody, on-chain (11 minutes) or Lightning (5 seconds) conversions, personal virtual IBANs, and virtual and physical Visa debit cards with zero transaction fees. The service supports conversions exceeding 1 BTC for large purchases and simplifies compliance and banking relationships via dedicated virtual IBANs.
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