Buy Crypto. Pay Crypto.

bitUSD is a digital token that has roughly the same value as US dollars. Once you exchange your US dollars for bitUSD, you can exchange bitUSD for Bitcoin and other cryptocurrencies. It’s even better than US dollars because no bank or government can limit or freeze your bitUSD. You have ultimate control of your money and all the value is stored on your phone or computer!

How Do I Get Started?

bitcash Wallet - Buy Crypto. Pay Crypto.

It's easy. bitcash allows you to exchange your money with others for local currency stablecoins or bitUSD. You can then trade bitUSD for Bitcoin, Ethereum, USDT or smaller coins like Grin. You can use bitcash to pay others for goods & services. Our wallet is passwordless and you don't have to deal with private keys ever again! Your smartphone or computer device will secure the key to access your crypto money. Click the link below to sign up to the waitlist!

How it Works

Money as a unit of account

Creating money from illiquid assets makes sense. It adds more monetary liquidity to the economy.

Simple Crypto-Collateralized stablecoins

Traditional banks create US dollars out of thin air backed by real estate. We propose a similar yet simpler design to create stablecoins from crypto collateral instead of real estate.

Simple Exchange + Margin Trading

We’ll create a simple exchange market without an order book where users can easily buy & sell bitUSD for EOS, BTC, ETH.

Fixed Peg & Pooled Deposit

By relying on a price feed we can create a stronger peg that doesn’t require governance or interest rate manipulation. We also pool crypto deposits together to simplify trading, lending, and stablecoin creation mechanics that all happen in the background.

Oracle – price feed

We start with an internally operated price feed that provides pricing every 5 or 10 seconds for redemption and trading. The price feed frequency provides our community with relatively recent exchange pricing for trading and to establish the peg.

Stablecoin Tokenomics

20% of the revenue will be distributed to bitcashBank, our network organization DAO, to grow and fund new features and applications. Users who stake collateral will earn 80% of trading, lending, payment income generated from bitcashBank.

Crypto Onramp – Peer-to-Peer ATM

With stablecoins it is easy for people to exchange fiat dollars for bitcash one for one in an OTC market. We plan to make it as easy as possible using digital exchange methods such as Paypal and online bank transfers.