Bipa allows users to buy and sell Bitcoin starting from R1 using the Pix payment system and the Lightning Network, enabling low-cost and rapid transactions. The platform lowers the financial barrier for individuals interested in cryptocurrency trading, facilitating access without requiring significant upfront investment.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EDFounders
Product
Problem
Many individuals are excluded from participating in the cryptocurrency market due to high initial investment costs and the complexities associated with traditional trading platforms. This creates a barrier to entry, preventing broader adoption of Bitcoin and other digital assets, especially in regions with limited access to financial services.
Solution
Bipa provides a user-friendly platform that enables individuals to buy, sell, and use Bitcoin and USDT (Tether) with Brazilian Real, starting from as little as R$1. By leveraging the Pix payment system and the Lightning Network, Bipa facilitates low-cost, near-instantaneous transactions, making cryptocurrency accessible to a wider audience. Users can also receive payments in Bitcoin by registering a BitPix key, which automatically converts incoming Real payments into Bitcoin or USDT. Bipa further enhances usability by offering a credit card with Bitcoin cashback rewards and features like recurring purchases and target price orders.
Target Audience
Bipa primarily targets individuals in Brazil who are new to cryptocurrency and seeking an accessible, low-cost platform to buy, sell, and use Bitcoin and USDT in their daily lives.
Features
- Buy and sell Bitcoin and USDT (Tether) starting from R$1
- Integration with the Brazilian Pix payment system for fast and easy deposits and withdrawals
- Lightning Network support for rapid and low-cost Bitcoin transactions
- BitPix: register a Pix key to receive payments in Real and automatically convert them to Bitcoin or USDT
- Credit card with up to 1% cashback paid in Bitcoin
- Recurring purchase functionality (Dollar-Cost Averaging) to automate Bitcoin investments
- Target price orders to automatically buy or sell Bitcoin when a specified price is reached
- Digital account features for managing Bitcoin, USDT, and Real balances
- Support for both on-chain and Lightning Network Bitcoin withdrawals