Bitlipa is a mobile application that allows users to transact privately and for free across the globe, Bitlipa leverages on Cryptocurrencies being borderless in order to use Bitcoin (BTC) as a conduit to move value across borders.
Bitlipa allows users to exchange FIAT* for BTC and vice versa within the app through the following steps;
*Fiat: Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it e.g Ksh via Mpesa
1. How to exchange Fiat for Bitcoin on Bitlipa
Note the minimum number of Bitcoins you can acquire on Bitlipa is 0.001 as we are operating with 3 decimal places
2. How to exchange bitcoins for fiat on Bitlipa
The acquisition of Bitcoin and liquidation has made this easy, all users are able to move money across borders in the form of $BTC and are able to settle them to fiat(cash) in real-time, thus easing the process of cross-border remittance.
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