Bitcoin Standard Goes Live in Europe Thanks to New Platform 'Bringin'

Bringin, an Estonia-based financial services platform, has officially launched its comprehensive Bitcoin-to-euro solution, following a successful 18-month beta testing phase. During this period, approximately 1,000 early adopters transacted over €6 million, demonstrating the platform's efficacy and demand. Bringin aims to bridge the critical gap between Bitcoin self-custody and the everyday financial requirements of users across the eurozone, tackling long-standing challenges faced by Bitcoin holders in Europe.
A primary hurdle for European Bitcoin users has been the difficulty in efficiently converting and spending Bitcoin for daily transactions, often compounded by banking restrictions and compliance complexities. Bringin's innovative solution integrates self-custodial Lightning Network functionality with traditional financial services, providing users with a unified application to manage both Bitcoin and euro transactions seamlessly.
The platform boasts several key features designed to enhance user experience and financial flexibility. These include direct on-ramping to self-custody, facilitating easy access to personal Bitcoin holdings. For conversions, Bringin offers both on-chain transactions, completing in approximately 11 minutes, and rapid Lightning Network transactions, which take a mere 5 seconds. Each user receives a personal virtual IBAN account, streamlining compliance and banking relationships—a common pain point for Bitcoin users.
Furthermore, Bringin provides access to both virtual and physical Visa debit cards, allowing users to spend Bitcoin anywhere Visa is accepted with zero transaction fees. This functionality is supported by the platform's automatic conversion features, enabling users to maintain their Bitcoin holdings while effortlessly covering daily expenses. The integrated approach also supports significant Bitcoin-to-euro conversions, exceeding 1 BTC, making it suitable for large purchases such as vehicles or property.
A notable aspect of Bringin's offering is its built-in Lightning Network wallet, which eliminates the need for users to manage external wallets. This integration simplifies the Bitcoin experience for both seasoned users and newcomers, providing a complete suite of Bitcoin-based financial services within a single, user-friendly application. Prashanth Chandrashekar, Co-founder & CEO/CTO of Bringin, emphasized the platform's foundation: “Lightning is the fastest payment network on Earth, and we built Bringin on it from day one. Moving seamlessly from self-custody to your bank account makes living on better money possible – money that can’t be inflated away, that you actually control.”
This launch marks a significant advancement in making Bitcoin more practical and accessible for everyday use in Europe, harmonizing the benefits of self-custody with the convenience of conventional banking services. The Bringin application is now available for download on both Android and iPhone devices, offering eurozone residents a new and powerful way to integrate Bitcoin into their daily financial lives, at a time when demand for seamless Bitcoin-to-fiat solutions continues to escalate.
You may also like...
Storm Alert: Hurricane Melissa Nears Usain Bolt's Home; Lyles & Coleman Rally Support For Jamaica
)
Hurricane Melissa, dubbed the "storm of the century," has made catastrophic landfall in Jamaica, bringing 185 mph winds,...
Explosive Scandal: House Of Reps Launches Probe Into NFF's $25M FIFA, CAF Grants

The Nigerian House of Representatives has launched a probe into the alleged mismanagement of $25 million in grants recei...
Mystery Solved! 'Only Murders in the Building' Renewed for Season 6, Heading to London

“Only Murders in the Building” has been renewed for a sixth season, relocating the action to London after a shocking Sea...
Armie Hammer's Controversial Comeback: 'Frontier Crucible' Trailer Drops Amidst Allegations

Controversial actor Armie Hammer is set to make his return to mainstream cinema in the upcoming Western thriller, “Front...
Taylor Swift's Unstoppable Chart Reign: How Her Influence Revives Hits

The country music charts are bustling with new entries and diverse sounds, featuring significant moves from Dan + Shay w...
Kelce Scores, Swift Cheers: A Pop Culture Touchdown Moment

Kansas City Chiefs tight end Travis Kelce celebrated his 100th career touchdown by performing Taylor Swift's 'The Fate o...
Chad Powers Finale Shocks Viewers, Stars Tease Explosive Season 2 Plans

Hulu's 'Chad Powers' blends comedy, drama, and sports, following disgraced quarterback Russ Holliday as he adopts a secr...
Culture Craze: Ojeikere Exhibition Dominates ART X Lagos Buzz

ART X Lagos celebrates its tenth anniversary with “An Exacting Eye,” a landmark exhibition dedicated to legendary Nigeri...




