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BIDZ Pay β€” A DeFi Application with DIY Load Balancing

By raykoz on 27 Oct, 2024

BIDZ Pay operates similarly to popular banking apps like Cash App or PayPal but stands out by functioning independently of traditional banking and credit/debit card systems. This decentralized approach allows users to manage their finances without relying on conventional financial institutions. Users can purchase BIDZ Coin and exchange it for BIDZ Credit, which can be used for various transactions, such as buying digital items like mobile airtime pins from providers worldwide, making payments at grocery stores, cinemas, online transactions, and any business that accepts payments for products and services.


BIDZ Pay is a vital part of the BIDZ E-Store. This ecosystem is a pioneering hybrid platform that integrates commerce with a range of applications, combining the advanced capabilities of Web 3.0 with the efficiency of Web 2.0 processes. The core idea behind BIDZ is to create a bridge between cryptocurrency and commercial ventures, enabling real-world applications of digital currency and BIDZ Pay does just that.

How to Swap BIDZ Token for BIDZ Credit and View It in Your BIDZ Pay account

We understand that transitioning from Web 2.0 to Web 3.0 and back might seem complex, but it’s straightforward. Here are the steps to add BIDZ credit to your BIDZ Pay account.

Option 1: Adding BIDZ Credit via BIDZ Voucher Code

Step 1: Purchase a BIDZ Voucher Code

BIDZ Gift Cards, available in $25, $50, $75, and $100 denominations, can be used to add BIDZ Credit to your account.

Step 2: Input the Voucher Code into Your BIDZ Pay Account

After purchasing a Gift Card, open the BIDZ Pay application, click on β€œVoucher” on the dashboard, and enter the provided BIDZ Credit code. Once added, scroll down to refresh, and the BIDZ Gift Card will be reflected in your account.

Option 2: Adding BIDZ Credit via BIDZ Token

Step 1: Purchase a BIDZ Voucher Code

If you already have BIDZ tokens, you can proceed to use BIDZ SWAP. If not, download Trust Wallet and add BIDZ token to your crypto wallets. Purchase BIDZ tokens from any supported markets like Bitmart, Lbank, or Coinstore.

Transfer the purchased tokens to your Trust Wallet BIDZ token wallet. For guidance, refer to instructional videos available on BIDZ’s Instagram, YouTube, and other social media channels.

Step 2: Connect and Swap


With BIDZ tokens in your Trust Wallet, open the Trust Wallet browser and visit BIDZ SWAP. Connect your wallet, specify the amount of tokens to swap for USD (1:1 swap to BIDZ Credit). The process takes one second. After the transfer is complete, check your BIDZ Pay account to see the deposit.

BIDZ Pay Accessibility

These two methods allow you to load your BIDZ Pay balance without visiting a bank, enabling deposits from anywhere in the world within seconds. The BIDZ Pay application is available for iOS and Android in Iraq and India, with more countries to be added soon. Announcements will be made each time a new country is added.

Download BIDZ Pay if your in approved countries:


IOS : https://apps.apple.com/iq/app/bidz-pay-e-store/id6474862473

Android : https://play.google.com/store/apps/details?id=com.bidzpay.app