Two years ago, I used to get paid in Bitcoin. It took up to four days to sell it!
Why did it matter so much?
I wish I could express the feeling of waiting four days just to book the flight tickets and hotels with Bitcoin for my travel. The number of times I had to cancel plans because it was just not possible to use Bitcoin to travel.
Every time I ran out of my Euro savings nearing the end of the month, I borrowed from my friend because my Bitcoin salary and savings were locked up in my hardware wallet. I almost felt useless with this hurdle of being unable to liquidate.
It took 3-4 days to convert my Bitcoin to Euros and get it into my bank account after going through Binance’s horrible UX and paying hefty fees. I was unsure if I would receive it, fearing that my bank could freeze my account.
The situation was frustrating; I had to get paid in euros and buy some BTC by the end of the month if I had any salary left. Ironically, even in 2021, finding a solution that helped me do the fundamental process of reliably liquidating my Bitcoin was challenging.
So I start project Bringin.
It took three times the time and four times the money I thought it would take
Bear market, building in a highly regulated space, being kicked out of the EU (cos my visa was attached to employment), and working remotely from India, building a startup for the first time with no co-founder made it a little harder than it should have been.
Today, we are super happy.
We enabled support of lightning last week, Which means:
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I can get Bitcoin from my self-custody Bitcoin wallet to my bank account in less than a minute with lightning and SEPA instant transfers.
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Reliable transfer - Each user is provided with a dedicated bank account, which means the bank transfers are 100% safe as the receiving banks see the transfers are coming from your own IBAN account
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Stress-free- The UX is streamlined to be a portal with two steps to sell Bitcoin from any wallet to receive Euros into any of my bank accounts.
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It works flawlessly in 31 European countries.
What does this mean to the Bitcoin community in Europe?
Like me, many get paid in Bitcoin or earn Bitcoin in many ways. They now would not have to go through the problems I faced. You’re welcome!
Planning holidays? Tap into your Bitcoin savings to book flight tickets and hotels without hiccups.
You can walk into any shop with only Bitcoin and be sure to make a purchase, even if the merchant does not accept Bitcoin.
Living on Bitcoin standards is now feasible with Bringin.
Get paid in Bitcoin, and spend some of it stack rest!
Self-custody is your wealth with no fear. You can use them anytime for any purpose.
Today, we are super happy.
Sign-up here: https://bit.ly/49I26vR