Bitcredit

Issue, endorse, and mint electronic bills of exchange

Global trade on Bitcoin rails

Turn a receivable due in ninety days into liquidity today. No bank in the middle, no letters of credit, no waiting on someone else’s balance sheet. Live on Bitcoin mainnet.

Get startedSee it in a real trade
Container terminal in the Port of Hamburg, gantry cranes over stacked containers

The problem with waiting

Sellers wait. Capital sits idle.

With traditional banking, the seller waits for the buyer’s payment, which locks up expensive capital on both sides of the trade. Onboarding takes weeks, the terms are set elsewhere, and the money arrives when the correspondent chain is ready.

With e-bills, sound trading partners create credit and liquidity directly between themselves. The protocol enforces payment discipline and adherence to the contract, and the bill carries its own history and its own liability.

A cocoa farmer holding dried cocoa beans ready for export

Comparing solutions for trade finance

What one invoice is worth today

Illustrative figures, not a quote

One shipment, one payment term, two ways to finance it. Set your own figures: everything below is arithmetic from the assumptions, not a promise.

Invoice value

$42,000

Payment term

90 days

Bank / factoring
Bitcredit eBills

Cash in hand today

$32,046

80% advance, less the fee, once approved

$41,379

Full face value, less the minting fee

Days until you have it

2–3 months

Onboarding, KYC and approval come first

Same day

The e-bill is minted into e-cash

Cost of the money

$1,554

3.7% of face value

$621

Plus 1 sat per e-cash transaction

Effective annual rate

19.7%

On the cash actually advanced

6.1%

6% a year, measured on the cash you receive

What it takes

5+ documents

KYC and onboarding per bank

1 e-bill

Five steps, one app, no bank

Versus factoring

$9,333 more
in hand today

Assumptions: factoring advances 80% of face value at 1.0% setup plus 0.9% per 30 days, holding the other 20% back until the buyer pays; the e-bill is minted at 6% a year, plus 1 sat per e-cash transaction. Replace these rates with the ones your bank and your mint actually quote.

How an e-bill moves

Five steps, one instrument

A bill of exchange is a time-proven credit instrument: an unconditional order to pay a sum on a date. Signed the other way round, with the buyer promising rather than the seller ordering, the same obligation is a promissory note, which is what the specimen here is. Bitcredit keeps the mechanics and drops the intermediaries. Step through it: the note on the right updates as it changes hands. More on e-bills

Promissory noteSpecimen

Payee (seller)

T-shirt producer, Bursa, TR

Maker (buyer)

Fashion store, Berlin, DE

Sum certain

0.4200 BTC

Maturity

12 Nov 2026

Status

Issued

Held by

Seller

Endorsements

none yet

Value to the holder today0.4200 BTC payable at maturity

The buyer signs the e-bill, an unconditional promise to pay a sum certain on a date.

Always-on liquidity

An issued e-bill can be endorsed onward or minted into e-cash at any hour. Your working capital stops depending on a payment term. How e-cash works

No middlemen, no red tape

Credit is created between two parties who already trust each other enough to trade. No underwriting queue, no correspondent chain.

Enforceable, worldwide

On a payment default the holder receives an immediate title of execution from the court against the payer’s entire assets, with no arguing about delivery or quality first. Bills of exchange run on the Geneva Convention of 1930; the UNCITRAL Model Law on Electronic Transferable Records followed in 2017, enacted by the UK in 2023.

Case studies

Trade credit at your fingertips

Real goods, real counterparties, real payment terms, financed on a bill instead of a bank line. All case studies

Cocoa beans inside an opened cacao pod

Cacao, Guatemala

How Cacao Embassy is building premium exports in a low-trust market

Read the case
A cotton field in flower, bolls ready for picking

Cotton · India · Türkiye · Germany

From Indian cotton fields to a novelty fashion store in Germany

Read the case
Coffee cherries at varying stages of ripeness on the branch

Coffee, coming soon

Special-origin coffee, financed the same way

In preparation

For mint operators

Every corridor needs a Wildcat

Mints on the Bitcredit network are called Wildcats. A Wildcat takes an accepted e-bill and splits it into e-cash, so the holder is paid this week instead of in ninety days. If you hold Bitcoin and know a trade corridor better than a bank does, that is a business.

You compete on your own terms

Wildcats compete on industry specialisation, minting fees, service levels and guarantee ratios. You set all four; no committee, no mandate from a head office.

You keep the fee

The minting fee is the whole of your return, agreed bill by bill against whatever competing mints quote.

You are never alone

Wildcats cluster into self-supervising Clowders. The between-mint mechanisms keep e-cash available around the clock, so one Wildcat going quiet is not an outage.

Talk to us about running a Wildcat (opens in a new tab)

Turn your receivables into liquidity

Unlock tied-up capital, cut financing costs and legal fees, drop the paperwork. Desktop, tablet and smartphone.