How to embed Bitcoin crypto accounts into your app?
How to embed Bitcoin crypto accounts into your app?
- Striga
- 4 min read
Table of Contents
Striga offers Bitcoin (BTC) accounts with unique blockchain deposit addresses. You can offer them to your end-users allowing them to deposit and withdraw BTC directly into and from their wallet. Fiat deposited through vIBANs provided by Striga can be swapped into BTC and vice versa which is held in these accounts. Bitcoin (BTC) is the first decentralized cryptocurrency and payment system. It was launched in 2009 by Satoshi Nakamoto to create a decentralized peer-to-peer payment system. Today BTC is the largest digital asset by market cap and is used to make P2P transfers seamlessly. Its limited supply – capped at 21 million – makes it resistant to inflation, appealing to individuals and institutions as a hedge against traditional currency depreciation.
What are the benefits of Bitcoin crypto wallets?
Ultra-fast P2P transfers
Bitcoin was created to enable peer-to-peer transactions through a decentralized network. This means anyone can access Bitcoin at any time at any location and perform a transaction. Transactions are processed within minutes and do not depend on any specific hours.
Accessibility and transparency
Bitcoin is not constrained by banking hours, locations, or any limitations. All you need to transact Bitcoin is an internet connection and a digital wallet, which can be created through Striga. All Bitcoin transaction data can be accessed through a public ledger, which offers transparency and is traceable, immutable, and secure.
Low fees
Bitcoin transactions are significantly cheaper and faster than traditional wire transfers, SWIFT transfer,s or money transfer services. With BTC accounts offered by Striga, users can transact BTC within and outside the Striga platform. They can swap, buy, sell, deposit, and withdraw BTC in this account.
Issue Bitcoin-backed VISA payments cards
Striga allows you to easily create, manage, and grow a BTC card program. You can issue your own branded USDC-backed physical and virtual cards. This card will be linked to the BTC account, and when a transaction is done through the cards it will be deducted directly from the BTC balance in the account. These cards are also fully customizable.
You can set personalized spending limits, swiftly authorize decisions in real time, restrict specific merchant categories through Webhook endpoints, and verify transactions seamlessly via SMS confirmation. All of these features and benefits of BTC accounts and cards are accessible via Striga APIs.
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