Czech fintech -firm Bitdca has integrated Visa and Mastercard support in the upcoming Microsaving app, LittleBit, so that users can be able to invest in Bitcoin through daily expenditure.
According to a press release that is shared with crypto.news, the integration users allows to automatically convert a percentage of their daily purchases in Bitcoin using existing credit cards and payment cards.
With this, BITDCA wants to eliminate the need for extra infrastructure or new accounts, allowing users in Bitcoin to invest without disturbing their usual spending habits or “changing pre-loading funds or transfer money manually”, CEO and co-founder of Bitdca.
The app, set up to launch exclusively into the EU in the coming months, uses a dollar costs average strategy. DCA includes making regular, small investments over time to reduce the impact of market volatility.
With Littlebit, users can automatically put part of each transaction aside with their visa or mastercard, so that the long -term exposure of Bitcoin is gradually built up without extra effort.
Bitdca offers two options for managing Bitcoin savings. Experienced users have the option to store their bitcoin directly on the crypto exchange bitstamp, while they can keep their savings new in a digital wallet assigned by app.
According to Zaruba, many people regard Bitcoin as ‘a risky asset class’ instead of a ‘secure long -term investment’.
“With Bitdca and Littlebit we want to change that – prove how useful it can be to collect Bitcoin savings naturally, especially when users see the efficiency on investment,” he added.
Bitdca also launches its native BDCA token, built on the Binance Smart Chain, in both centralized and decentralized fairs in the coming weeks.
Bitdca CTO Ondřej Kavka explained that every transaction via the Littlebit app generates income for BDCA holders by stopping rewards, which offers an “extra chance of passive income” in addition to their Bitcoin savings.
Founded in 2019, the newest integration of BITDCA will follow a pre-seed financing round in December last year, when it collected $ 2 million to support LittleBit’s development.
