Spend The Bits

Spend The Bits is a cryptocurrency payment mobile app built on a decentralized open-source platform, XRP Ledger. The app enables users to store and spend their cryptocurrency. SpendTheBits harnesses the potential of XRP Ledger - a peer-to-peer decentralized architecture-based platform - to provide a comprehensive cryptocurrency payments ecosystem. The company claims to support real-time ecofriendly Bitcoin (BTC) transactions (both sending and receiving), including other crypto-assets in the pipeline. The app aims to simplify the complex web of blockchain, native tokens, consensus methods, and transaction validation, allowing everyday investors and crypto enthusiasts to participate in one of the fastest-growing asset classes. Available for Android and iPhone users, the SpendTheBits app empowers users to spend cryptocurrency anytime and anywhere. One of the key features of the app is its role as a bridge between Bitcoin main net, facilitating instant BTC deposits and withdrawals, with the user's funds being credited or debited after the 1st confirmation on the Bitcoin blockchain. It also addresses the eco-friendly "spending" of BTC holding, with transactions being powered by XRP Ledger, reducing network transaction fees from dollars to pennies. With round-the-clock transaction support, SpendTheBits complements the 24x7 functioning of the crypto-asset market and boasts decentralized underpinnings. The platform also ensures the secure saving of private keys on users' own devices, making them immune from hackers. Founded in 2019, Spend The Bits operates in the Fintech and Payments industries, offering a promising solution in the evolving landscape of digital asset payments.