Bringin, a Bitcoin financial services platform based in Estonia, has officially launched its comprehensive Bitcoin-to-euro solution following an 18-month beta testing phase that engaged approximately 1,000 early adopters, who transacted over €6 million. The platform is designed to bridge the gap between Bitcoin self-custody and users’ everyday financial requirements within the eurozone.

The introduction of this solution addresses persistent challenges encountered by Bitcoin holders in Europe, particularly the complexities involved in converting and utilizing Bitcoin for routine transactions. Bringin’s offering integrates self-custodial Lightning Network capabilities with traditional financial services, granting users the ability to manage both Bitcoin and euro transactions within a unified application.

Key features of the platform include direct on-ramping to self-custody, Bitcoin-to-euro conversions via on-chain transactions (approximately 11 minutes) or Lightning Network transactions (around 5 seconds), and personalized virtual IBAN accounts for each user. Users can also access both virtual and physical Visa debit cards with no transaction fees, facilitating Bitcoin spending wherever Visa is accepted.

This integrated approach enables users to execute substantial Bitcoin-to-euro conversions exceeding 1 BTC, making it suitable for significant purchases, such as vehicles or real estate. Additionally, it simplifies compliance and banking interactions through its dedicated virtual IBAN system, effectively addressing a common dilemma for Bitcoin users who often face banking restrictions or compliance hurdles.

Notably, Bringin’s built-in Lightning Network wallet alleviates the need for users to manage external wallets, thus streamlining the Bitcoin experience for both seasoned users and newcomers alike. This integration offers a comprehensive suite of Bitcoin-based financial services within a singular application.

The platform’s automatic conversion features empower users to retain their Bitcoin holdings while managing everyday expenses through the Visa debit card system. This functionality allows individuals to effectively “live the standard” while retaining practical access to the traditional financial infrastructure.

“Lightning is the fastest payment network on Earth, and we built Bringin on it from day one,” stated Prashanth Chandrashekar, Co-founder & CEO/CTO of Bringin. “Moving seamlessly from self-custody to your bank account enables the embrace of superior currency—money that cannot be inflated away and is fully under your control.”

This launch marks a significant advancement in facilitating the practical use of Bitcoin for everyday transactions in Europe, merging the advantages of self-custody with the convenience of conventional banking services. The platform is now available for download on both Android and iPhone devices, offering residents of the eurozone a novel method for integrating Bitcoin into their daily financial activities.

This development arises at a time when interest in seamless Bitcoin-to-fiat solutions is on the rise in Europe, particularly among users who favor self-custody of their Bitcoin assets while retaining easy access to traditional financial systems.

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