The Bitcoin-only fintech gaming company, ZEBEDEE, has partnered with bitcoin exchange Bipa to allow instant conversion off-ramps for Brazilian real through Lightning.
The Bitcoin-only fintech gaming company, ZEBEDEE, has partnered with bitcoin exchange Bipa to allow instant conversion off-ramps for Brazilian real through Lightning.
- ZEBEDEE partners with Lightning-enabled bitcoin exchange Bipa allowing players to instantly convert earned BTC into Brazil’s national currency.
- Brazil makes up 30% of ZEBEDEE activity, making it the obvious choice for launching this new integration allowing users to convert earned BTC instantaneously.
- Bipa is a Brazilian mobile application that allows users to buy and sell bitcoin leveraging the Lightning network for withdrawals.
ZEBEDEE, a Bitcoin-only gaming fintech company, has announced a new integration with Bipa – a Brazilian bitcoin exchange with Lightning Network support – which allows users to easily convert bitcoin earned from gaming to on-ramps of the Brazilian banking system in seconds, according to a press release sent to Bitcoin Magazine.
“Being able to move and exchange Bitcoin quickly and affordably is critical for users who wish to use their digital assets in the real world,” said founder of Bipa, Luiz Parreira, in the release. “ZEBEDEE is focused on leveraging Bitcoin to provide novel functionality for the gaming industry with the most popular cryptocurrency in the world, and I’m excited to see the value they are creating for gamers in Brazil.”
ZEBEDEE said in the release that the Brazilian real (BRL) has a high conversion rate from BTC, and the company already possesses a strong user base of players who are regularly use this increased conversion rate as a way to fund both virtual purchases for skins (in-game cosmetics) and for real-world purchases like paying for rent and groceries. With an established customer base invested into the system, ZEBEDEE
