September 14, 2023
BitPay + Ramp Make it Easy to Buy Crypto with PIX in Brazil
Oi! BitPay is excited to announce that we now support PIX payments via Ramp, our partner platform. As part of the Ramp 11 team, BitPay is supporting Ramp’s mission to improve Web3 access for Brazilians.
Starting immediately, our crypto community located in Brazil can buy cryptocurrency seamlessly using PIX as their payment method in the BitPay app or on the BitPay website.
How it works
Buying crypto with PIX via the BitPay app + Ramp is fast, easy and secure.
Step 1: Get the BitPay app
If you don’t have it already, download the BitPay app from your app store of choice. Or, simply scan the QR code below.
From the app home screen, tap the Settings icon, Select Display Currency, and choose BRL to have it displayed by default in your app interface.
Step 2: Tap “Buy Crypto”
From the app’s home screen, simply tap the “Buy” button. You’re not limited to only buying Bitcoin, BitPay supports more than 60 of the most popular cryptocurrencies and stablecoins including Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and more.
Step 3: Choose an amount and the cryptocurrency you want to purchase
Input the amount of fiat you want to convert to crypto, and choose the coin you wish to convert it to.
Step 4: Select “Other” as your payment method
In addition to PIX, BitPay supports crypto buys with credit cards, debit cards, Apple Pay, Google Pay, or other local banking methods (where applicable).
Step 5: Choose the Ramp offer
After you tap the Ramp offer presented in the app you’ll automatically be taken to Ramp’s website to enter your PIX payment details and complete the transaction. No fees, no excessive markups.
Compre Bitcoin com PIX
Bonus: Buying crypto with PIX on BitPay.com
For those crypto buyers that prefer to make their purchases online rather than in the app, the BitPay.com website provides an equally seamless buying experience.
Step 1: Enter an amount of Bitcoin you’d like to buy
Input your preferred amount of Bitcoin or the amount of local currency you’d like to convert.
Step 2: Enter your wallet address
Send crypto to any wallet. Enter the address where you’d like to receive your cryptocurrency. Need a wallet? Store securely with BitPay’s self-custody wallet.
Step 3: Choose the Ramp offer
You’ll be taken to Ramp’s website to enter your PIX payment details and complete the transaction. Your crypto assets will be delivered quickly as soon as your payment clears.
What is PIX?
PIX is a payment system established by the Brazilian National Bank in 2020 that allows for instant money transfers in Brazilian Real (BRL) between participating institutions, such as banks and financial technology companies. Users can make transfers using a PIX alias, known as "chave PIX," which could be a phone number or email address, eliminating the need for full banking details. One of the key benefits of PIX over traditional payment systems is its ability to process payments instantly, even outside of regular banking hours.
Which cryptocurrencies can I buy with PIX in Brazil?
Whether you’re using the BitPay app or website, you’ll find more than 60 top cryptocurrencies and stablecoins available to purchase using PIX. Some of these include:
See a full list of supported cryptocurrencies from Ramp.
Ways to use your crypto after buying in the BitPay app
Now that you’ve used PIX to get your hands on some crypto, you might be wondering some of the things you can do with it. Whether you’re a crypto newbie or an experienced HODLer, BitPay offers many different ways to store, spend and swap.
Store securely with self-custody
Most experienced crypto users live by the “not your keys, not your crypto” ethos. This basically means whoever controls a wallet’s private keys is the true owner of its contents. Some popular web-based exchanges like Coinbase and Kraken offer custodial wallet service. While both are trusted and well-established companies, wallet security best practices dictate you should never keep large amounts of cryptocurrency in a custodial wallet.
BitPay offers self-custody management, meaning nobody but the wallet’s owner will ever have access to its private keys or the assets it contains. This gives many crypto users invaluable peace of mind when looking to securely store their holdings.
Spend
Now comes the fun part. If you’re itching to flex those newfound crypto spending muscles, BitPay offers a wide range of options to paying with crypto.
Pay directly - BitPay partners with hundreds of well-known merchants, brands and service providers which accept direct crypto payments. Just some of these include AMC Theaters, ExpressVPN, Microsoft, Hublot and more. Check out our searchable Merchant Directory for a curated listing of partner merchants. Read more about how to pay with crypto.
Buy gift cards – If you’re shopping for that perfect gift but your favorite store or brand doesn’t accept crypto payments directly, don’t sweat it. BitPay makes it as simple as a few taps to buy gift cards from hundreds of brands like Uber, Home Depot, Hotels.com and many more. First choose the store and the amount of your gift card through the BitPay app or Google Chrome extension. Then pay for it with your preferred wallet and cryptocurrency and voila, your gift card is instantly delivered.
Sign up for the BitPay Card – If you plan on using cryptocurrency to pay for everyday purchases, the BitPay Card puts some serious crypto spending power right in your wallet or phone.
Pay bills with crypto – Nobody likes dealing with inconvenient banks or costly wire transfers just to pay their bills. The good news is now you don’t have to. With BitPay Bill Pay you can pay virtually any bill straight from your crypto wallet, from credit cards to car payments to mortgages. BitPay can automatically sort and organize your bills. Then all you have to do is choose your wallet and cryptocurrency and tap to pay. You’ll even receive a payment confirmation directly within the app.
Swap
Cryptocurrency is much more than digital money; it’s also a gateway to countless projects and communities you can participate in. Within the BitPay app, you can swap nearly any cryptocurrency for any other with a few taps.
