Accept Bitcoin Payments – Receive Euros
If you accept Bitcoin payments on your website or online shop using Coinsnap’s payment modules, you can now receive payouts directly in euros to your personal bank account – thanks to Bringin. It’s automatic, secure, and requires no technical setup.
For merchants who want to receive their Bitcoin payments in euros in their personal bank account, Bringin is one of the easiest ways to automatically convert your Bitcoin payments into euros and have the funds deposited into your bank account.
If you use Coinsnap with Bringin, you enlarge your reach to a new, worldwide customer base (Bitcoin owners), and can market your merchandise across borders and currencies, without having to bother with accounting issues that come with Bitcoin, volatility risks or other hurdles that come with accepting Bitcoin in your business.
Can Corporate Merchants Use Bringin with Coinsnap?
Bringin cannot currently be used by corporate entities. Both your Bringin account and the bank account to which you withdraw your euros must be held in the same personal name. You cannot transfer funds from your Bringin account to a bank account held in the name of a company or another person.
Merchants operating through a corporate entity should use DFX instead to convert their Bitcoin payments into euros and receive them in their company bank account.
What is Bringin?
Bringin is a Bitcoin-to-Euro exchange service that provides you with your own Lightning address.
Using this address, you can receive Lightning payments that are automatically converted into euros and credited to your personal, vIBAN account that Bringin automatically sets up for you in your name.
You can then transfer funds from your Bringin vIBAN account to your chosen bank account, which must also be in your name. Bringin charges a 1% fee for converting Bitcoin into euros, while withdrawals to your personal bank account are free of charge.
This makes Bringin a simple and convenient solution for merchants who want to accept Bitcoin but prefer to receive payouts in euros.
How Coinsnap and Bringin Work Together
Coinsnap offers simple payment modules for Bitcoin and Lightning.
To enable payouts to your bank account with Bringin all you need to do is to enter your Bringin Lightning address as your wallet in the Coinsnap dashboard under Finance -> Settings -> Deposit, in the Lightning field.
Step-by-Step Guide
Create a Bringin Account
Go to https://bringin.xyz/ and sign up.
You’ll need to complete a KYC process (valid ID and a recent utility bill).
Set Up Your Lightning Address
After registration, you can create your personal Lightning address – e.g., yourname@bringin.xyz (if the name is still available).
Create or Update Your Coinsnap Account
- If you don’t have an account yet: https://app.coinsnap.io/register
- In the Coinsnap backend, go to Finance -> Settings -> Deposit, and enter your Bringin Lightning address in the Lightning field.
Accept Bitcoin – Receive Euros
When a customer pays in Bitcoin via Coinsnap, the amount is sent directly to your Bringin Lightning address.
There, it is automatically converted into euros and credited to your personal euro account that Bringin established in your name. From then you can anytime transfer funds to your linked bank account.
Key details:
- Minimum amount: 11,000 sats
- Maximum amount per payment: €3,000
- Conversion fee: 1 %
- Bank payout fee: 1 % per transaction
- Monthly payout limit: €10,000 (can be increased with additional KYC documents)
Payout Process
If you would now like to have the amount paid out to your bank account, click on “Withdraw Euros”. Then enter the bank details to which the credit should be made if this has not already been done.
Please note that the payout account must be in the same name as the Bringin account. Payouts to another bank account are not possible.
A fee of 1 % is charged for withdrawals to your bank account.
You can withdraw up to €10,000 per month. If you want to transfer more, you can increase the limit by submitting additional KYC documents.
You’ll receive a confirmation code via email and SMS. After entering the code, the amount is instantly transferred to your bank account via SEPA Instant.
Conclusion: Coinsnap + Bringin = The Perfect Merchant Setup
Want to accept Bitcoin payments but prefer to receive the money in euros in a bank account in your name? Then the Coinsnap + Bringin combo is your ideal solution:
- Accept Bitcoin without price volatility
- Receive euros directly to your bank account
- No chargebacks like with credit cards or PayPal
- Low total fees: only 2% (1% Coinsnap + 1% Bringin)
| Payment Method | Fee | Chargeback? | Crediting Time |
|---|---|---|---|
| Coinsnap + Bringin | 1% + 1% = 2% | No | Immediate |
| Credit Card | 2.5–4% plus Transaction Fee | Yes | 1–2 days |
| PayPal | 3–4.5% plus Transaction Fee | Yes | 1–2 days |
Start Now and Save 30% on Fees
Open your Bringin account using this affiliate link:
https://spend.bringin.xyz/signup?affiliate=COINSNAP
Save 30% on fees for the first three months!
