Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Once you send Bitcoin, your responsibilities end! We immediately secure your exchange rate (with a guarantee) and upon transaction confirmation, we transfer the fiat currency to the intended recipient. The biller doesn't have to do anything at all. There’s no requirement for registration or KYC checks, no new application to download, and no need for prior Bitcoin knowledge. The recipient simply receives fiat currency, knowing it's from you. Our services include dynamic hosted invoices, real-time rate guarantees, instant notifications, accounting and reporting features, transparent pricing and rates, detailed transaction logs, and enhanced Bitcoin and PGP security measures. We're not just following the existing standards; we're innovating them. Bylls operates as a non-custodial Bitcoin exchange based in Canada, enabling you to convert Bitcoin into Canadian dollars. You have the flexibility to send funds to your own bank account, to another person's bank account, or to settle your bills. Whether paying bills with Bitcoin or selling it to transfer money to any bank account in Canada, our platform streamlines the process effortlessly.
Description
Ducat is a Bitcoin-native lending and stablecoin protocol that enables users to borrow against BTC without transferring custody to a centralized lender. The protocol places Bitcoin into a 2-of-2 Taproot vault and allows borrowers to mint UNIT or receive USDC against the value of their collateral. Loan creation, redemptions, liquidations, and other core mechanics are enforced through Bitcoin transactions and Script rather than through an external blockchain or Layer 2 network. Borrowers can select different collateral ratios based on their preferred risk level and can borrow up to 62.5% of the BTC value held in a vault. Ducat charges a one-time 7% minting fee and does not charge ongoing interest on the loan. A dashboard shows collateral ratios, liquidation prices, BTC price updates, and vault health so users can monitor and manage their borrowing positions. UNIT is a dollar-pegged stablecoin backed by overcollateralized Bitcoin and can be transferred through the protocol's ecash layer or exchanged for USDC. The protocol also includes a liquidation system in which participants can recapitalize undercollateralized vaults and receive discounted BTC. Ducat states that every vault and loan can be independently verified on Bitcoin and that the system can operate without custodians, bridges, or wrapped BTC. Ducat is intended for Bitcoin holders, BTC-focused investors, and decentralized finance users seeking non-custodial access to dollar-denominated liquidity.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Bylls
Founded
2013
Country
Canada
Website
bylls.com
Vendor Details
Company Name
Ducat Protocol
Founded
2000
Country
United Kingdom
Website
ducatprotocol.com