BitPay is an application that allows users to spend their cryptocurrency at various merchants and retailers. It supports over 100 different cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Dogecoin. Users can also use BitPay's private and secure self-custody wallet to track their crypto assets.
One of the main features of BitPay is the ability to spend crypto with the BitPay Card, which is currently only available in the US. This card allows users to easily exchange their cryptocurrency for cash and withdraw it from any ATM. It also allows for spending at any merchant that accepts Mastercard. Users can load the card with various cryptocurrencies, including BTC, ETH, SHIB, DOGE, and USDC, and can even use a virtual card with Google Pay.
In addition to spending, BitPay also allows users to buy and sell cryptocurrency. They can purchase crypto with a credit card, debit card, bank account, or Google Pay, and can track live crypto prices within the app. BitPay also supports stablecoins like USDP and USDC, as well as Polygon (MATIC) and ERC-20 tokens.
The BitPay Crypto Wallet is another important feature, offering support for a wide range of coins and tokens. Users can receive notifications for payments and transfers, and can connect their wallets from various providers like Metamask, Trezor, and Coinbase.
BitPay also offers a bill pay feature, allowing users to pay off credit cards, mortgages, car payments, and more directly from their wallet. They can also buy gift cards from over 100 popular brands using their crypto balance.
Security and privacy are top priorities for BitPay, with features like blockchain device-based security and multi-signature security for personal or shared wallets. The app is also available in multiple languages, including French, German, Chinese, and Spanish. And for those concerned about privacy, BitPay is free and open source software, with the code available on GitHub. Overall, BitPay provides a convenient and secure way for users to spend, buy, and sell cryptocurrency.