Bitcoin Press has announced Instafill, which allows users to directly link crypto wallets to bank accounts, resulting in seamless crypto-fiat transactions.

After months of development and fine tuning, operator Payster Group Ltd, which has been in business since 2014, is releasing Instafill. This feature enables users to directly bind a crypto wallet address with a bank account, to facilitate seamless transactions between crypto and fiat. Currently, Bitcoin, Litecoin, Bitcoin Cash, and Dash are supported. When crypto is sent to an Instafill address it will be converted into EUR and transferred to the chosen bank account automatically in 102 countries around the world.

Instafill is an improvement on the original PiixPay service, where users would fill out a form with their banking info and the amount of EUR they wish to receive, and then receive an address to send the crypto payment. Instafill automates this process, so whenever crypto is sent to the Instafill address it sends the EUR payment to the connected bank. This saves users time, which can be crucial to lock in the fiat exchange rate, since crypto markets are often volatile and the amount of time it takes to manually fill out a form can cause a loss of money if a crypto’s fiat exchange rate declines.

There are numerous uses for Instafill. Miners can configure Instafill to receive EUR in their bank account every time they receive a mining payout. People with crypto holdings can make transfers via Instafill whenever they need to cash out some crypto for fiat. Street performers can print out their Instafill address as a QR code so passing people can enjoy their show and make crypto donations. Likewise, retailers can print out an Instafill QR code and receive crypto payments in their store, and get EUR in their bank account, without being exposed to the volatility of crypto markets. Those that are paid with crypto can send their crypto paychecks to Instafill and receive the fiat they need for necessities like food and rent. Essentially, Instafill can be utilized for any sort of crypto to EUR conversion, and is much more efficient than using a crypto exchange or crypto ATM.

Contact PiixPay: [email protected]

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PiixPay is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only.

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