Recently, when chatting with friends in the crypto world about cross-border transfers, I realized that not everyone knows about BiyaPay. I have a friend, J, who has been freelancing in the Philippines for years, receiving projects all settled in USDT. He has always used centralized exchanges or OTC to transfer back and forth, which incurs high fees, and sometimes transfers get stuck. A single USDT transfer from friends in China can take a day, causing him to occasionally face cash flow issues.
Recently, I recommended BiyaPay to him, and he tried it once to receive payments from his BiyaPay wallet, then directly used the card to buy daily necessities at a local supermarket, checking out on the spot without high fees and without needing to exchange for cash. J told me that at that moment, he felt that 'money was truly free.'
What is BiyaPay?
Simply put, it is a tool that can help you bridge 'crypto assets' and 'daily consumption.' It supports over 30 common fiat currencies (USD, HKD, EUR, etc.) and over 200 crypto assets, can receive USDT, BTC, ETH, and can be directly exchanged for USD for consumption or to transfer to friends. In the past, when we received coins, we had to transfer them to an exchange to convert to USD before we could withdraw or have someone pay on our behalf, but now we can do it directly with BiyaPay.
Why do I recommend BiyaPay?
1️⃣ Flexible and free, one-stop solution
People like me, who often trade coins and also need to make daily purchases, are most afraid of assets being stuck in a wallet or exchange and unable to be withdrawn. BiyaPay not only allows you to receive coins but also enables free conversions, directly withdrawing to a VISA virtual card or physical card, so you can swipe it for meals, gas, or coffee, and even withdraw from ATMs.
2️⃣ Compliant and transparent,安心 using it
BiyaPay holds MSB compliance licenses in the US and Canada, and the identity verification and risk management processes are very strict. My personal experience with it is that the procedures are formal, and the sense of security is much higher than using private OTCs, without worrying about sudden asset freezes or hacks.
3️⃣ Reasonable fees, fast transactions
J previously transferred money from other places and often faced high Gas fees or hidden charges, and sometimes the intermediary would delay the transfer time. The transfers supported by BiyaPay can basically arrive on the same day, and the fees are transparent. I tested a small transfer myself, and it arrived in less than 20 minutes.
Changes brought by real experiences
What I personally like most about BiyaPay is that it really makes my assets 'come alive.' Previously, I was hoarding coins on the Solana and ETH chains, but it was particularly troublesome when I wanted to use them; now, when I want to buy equipment or recharge subscription services, I can directly convert to USD through BiyaPay and swipe my card, solving it in a second.
Two weeks ago, I suddenly needed to upgrade my server and had to pay for a subscription in USD. At that time, ETH happened to rise, so I sold a little ETH in BiyaPay for USD and successfully made the card payment. That night, I shared this experience of 'spending while the price is rising' in the group, and my friends all asked how I managed to make real-time consumption, which was all thanks to BiyaPay.
What should future payments look like?
We pursue freedom in the crypto world, where assets can flow freely on the chain, but if they cannot be used for payments or real-life consumption, then freedom is just talk. What BiyaPay is doing now is to make 'usable coins truly usable.' Whether it's receiving orders remotely, global payments, or using BTC to buy coffee in daily life, or directly paying rent with USDT, BiyaPay is gradually connecting these scenarios.
Many people think that a Web3 wallet is just for 'storing assets,' but there are not many tools that can make your assets flow flexibly while ensuring safety and compliance for real consumption, and in my view, BiyaPay is the wallet that comes closest to this future.
If you are still struggling with 'how to turn the coins you earned into money you can spend in real life,' you might as well try BiyaPay like J did; it could be a step towards asset freedom and improved fund efficiency.