BitPay

BitPay is the world's largest provider of Bitcoin and cryptocurrency payment services. It allows merchants to accept crypto payments and consumers to spend their crypto easily. The BitPay App includes a non-custodial wallet and a Prepaid Mastercard that lets users convert crypto to cash instantly for spending.

Users can also buy gift cards for major retailers like Amazon and Uber directly with their crypto balance. BitPay is a pioneer in the industry, processing billions of dollars in transactions annually. It is a legitimate, US-based company helping to drive mainstream adoption of blockchain payments.

Frequently Asked Questions

1. Is the BitPay Card free?

The BitPay Card is free to order for US residents, with no monthly maintenance fees. However, there are fees for ATM withdrawals and foreign currency conversion, so it is important to review the cardholder agreement.

2. Can I buy crypto on BitPay?

Yes, the BitPay app allows you to buy cryptocurrency using a credit card, debit card, or Apple Pay via integrated partners like Simplex and Wyre. The purchased coins are deposited directly into your non-custodial wallet.

3. Is the wallet custodial?

No, the BitPay Wallet is non-custodial (self-custody). This means you hold your own private keys and have full control over your funds. BitPay cannot access or freeze your assets stored in the wallet.

4. Can I pay bills with it?

Yes, BitPay Bill Pay allows you to pay credit cards, mortgages, car loans, and other bills directly from your crypto wallet. This feature bridges the gap between holding crypto and managing everyday financial obligations.

5. specific fees for spending?

BitPay charges a network cost (miner fee) for transactions, which goes to the blockchain miners, not BitPay. When paying a BitPay invoice, there is often a small network cost fee included to ensure the transaction clears quickly.