If you need to regularly cover fiat payments but prefer to use your digital assets, a platform like Piixpay can be very helpful. The payment provider allows you to use cryptocurrencies to pay invoices, bills and make other recurring payments to recipients that still accept only traditional money.
Spend Bitcoin Cash, Make Fiat Payments
To initiate a new payment with Piixpay you have to provide the beneficiary's name and Iban number. You are required to enter the exact amount in euros, as the platform processes bank transfers in Europe's single currency. You also need to add a short description of the transaction and an optional reference number.
Then you have to choose the crypto you are going to spend. Piixpay currently supports four major digital coins – bitcoin cash (BCH), bitcoin core (BTC), litecoin (LTC), and dash (DASH) – as well as a stablecoin backed by euros. Est-coins (ESCT) are issued by Piixpay's operator, Ungaro LLC, and have a redemption value of €1 per coin.