Europeans can now enjoy Bitcoin standards via Bringin

Estonia-based Bitcoin financial services platform Bringin has announced the full release of its comprehensive Bitcoin-to-Euro solution, with approximately 1,000 early users transacting more than €6 million after 18 months of beta testing. The platform aims to bridge the gap between Bitcoin self-custody and the daily financial needs of Eurozone users.

The launch addresses a long-standing challenge faced by European Bitcoin holders, particularly the difficulty of exchanging and using Bitcoin in daily transactions. Bringin’s solution combines self-hosted Lightning Network capabilities with traditional financial services, enabling users to manage Bitcoin and Euro transactions in a single application.

Key features of the platform include direct access to self-custody, Bitcoin to Euro conversion via on-chain (11 minutes) or Lightning Network (5 seconds) transactions, and a personal virtual IBAN account for each user. Users can use virtual and physical Visa debit cards with zero transaction fees, allowing them to spend Bitcoin anywhere Visa is accepted.

The platform’s integrated approach allows users to process large Bitcoin to Euro exchanges in excess of 1 BTC, making it suitable for large purchases such as vehicles or property. The service also simplifies compliance and banking relationships through its dedicated virtual IBAN system, solving a common pain point for Bitcoin users who often face bank restrictions or compliance challenges.

What’s particularly noteworthy about Bringin’s solution is its built-in Lightning Network wallet, which eliminates the need for users to manage an external wallet. This integration simplifies the Bitcoin experience for experienced users and novices alike, providing a complete set of Bitcoin-based financial services in a single application.

The platform’s automatic conversion feature enables users to maintain Bitcoin holdings while handling daily expenses through the Visa debit card system. This feature allows users to effectively “comply with standards” while maintaining physical access to traditional financial systems.

“The Lightning Network is the fastest payments network on the planet, and we’ve built Bringin on it from day one,” said Prashanth Chandrashekar, co-founder, CEO and CTO of Bringin. “Moving seamlessly from self-custody to a bank account allows you to live better with money — money that doesn’t disappear due to inflation but is actually under your control.”

The launch marks an important step towards making Bitcoin more practical for everyday use in Europe, combining the advantages of self-custody with the convenience of traditional banking services. The platform, now available for download on Android and iPhone devices, offers eurozone residents a new way to integrate Bitcoin into their daily financial lives.

The development comes as demand for seamless solutions between Bitcoin and fiat currencies continues to grow in Europe, particularly among users who prefer to keep their Bitcoins on their own while maintaining easy access to traditional financial systems.