BiyaPay global multi-asset trading wallet

Company profile

BiyaPay is a global multi-asset wallet headquartered in Singapore. It has established subsidiaries and expanded its business coverage in the US, Canada, Hong Kong and other places. Its services cover a range of financial scenarios, including cross-border remittance, global stock management, crypto assets, wealth management, foreign exchange, and U Card payments.

BiyaPay currently supports online real-time exchange of more than 30 mainstream legal currencies and more than 200 mainstream digital currencies. You can check the exchange rate and convert it on the BiyaPay website, providing a market intermediate exchange rate with 0 hidden price differences and only a small handling fee, making the fees simpler, more transparent, and cheaper. It also adopts the local transfer method in most countries or regions around the world, with no limit on the amount, truly achieving same-day remittance and same-day arrival, making global remittance faster, more convenient, and safer.

At the same time, BiyaPay is also a professional deposit and withdrawal tool that supports exchanging USDT for U.S. dollars and Hong Kong dollars and managing U.S. and Hong Kong stock-related assets through the platform. Users can make real-time deposits and withdrawals without applying for an offshore account. BiyaPay also supports crypto-asset management, allowing users to manage multiple types of global assets through one account.

Company name BiyaPay

Founded time May 2019

Company website https://www.biyapay.com/en

Software platform iOS, Android

Business scope Internet finance

Nature of the company Private enterprises

Company mission Global exchange, benefiting the world, making digital currency popular

Operation philosophy

BiyaPay adheres to the operational philosophy of "user first, innovation-oriented" and is committed to providing users with high-quality Financial Services. The company continuously innovates and enhances User Experience to adapt to rapidly changing market demands.

Development history

In May 2019, BiyaPay officially entered wealth management and launched a new wealth management function

From June to July 2020, the relevant entities completed MSB registrations with FinCEN in the United States and FINTRAC in Canada

In September 2022, the U.S./Hong Kong stock management function was officially launched

In September 2023, BiyaPay's digital currency spot trading function was launched

In November 2023, BiyaPay's margin financing and securities lending management function was officially launched

In March 2024, BiyaPay spot leveraged trading was officially launched

In April 2024, BiyaPay's stock option management function was officially launched

In May 2024, Biya Global Limited was registered as a Financial Service Provider (FSP) in New Zealand under registration number FSP1007221 and became subject to oversight by the Financial Markets Authority (FMA)

In July 2024, BiyaPay's global remittance function was upgraded again

In September 2024, the new version of BiyaPay web client was launched

Feature introduction

Wallet: includes asset management, collection, payment, transfer, recharge, and withdrawal functions. Through online operations, direct transfer, collection, and payment of digital currency or fiat currency can be achieved. It can also withdraw and remit money anytime and anywhere, and check the assets in the wallet.

Remittance: Currently supports the exchange and remittance of more than 200 currency pairs worldwide, allowing real-time viewing of exchange rates and conversion. It supports local transfers to most countries or regions worldwide, and there is no limit to the amount you can remit globally.

Flash exchange: After recharging, you can directly realize the mixed exchange of digital currency and fiat currency online, and there is no limit to the amount, supporting withdrawal to offshore bank accounts.

Wealth: Includes financial management functions related to digital currency and fiat currency. Existing financial products include arbitrage between USDT and USD current financial management, with a minimum annualized yield of 5.48%. The daily interest is distributed to the user's available balance in the USD account at 24:00 on the second day.

Exchange rate inquiry and currency conversion: BiyaPay currently supports real-time exchange rate inquiry and conversion of more than 30 legal currencies (USD, EUR, GBP, HKD, JPY, etc.) and more than 200 digital currencies (USDT, ETH, BTC, etc.).

Currency Exchange: BiyaPay uses USDT as a medium to exchange more than 30 legal currencies in real time. Using digital currency USDT can achieve instant transfers worldwide, with no limit on the amount and low transaction fees.

U.S./Hong Kong stock management: covering major securities markets in the United States and Hong Kong, allowing users to manage related stock assets through one account. It also supports transfers between banks and securities accounts, making it easy to exchange USDT for U.S. dollars or Hong Kong dollars and deposit funds with supported brokers.

Product advantages

• Wallet: includes asset management, collection, payment, transfer, recharge, and withdrawal functions. Through online operations, direct transfer, collection, and payment of digital currency or fiat currency can be achieved. It can also withdraw and remit money anytime and anywhere, and check the assets in the wallet.
• Remittance: Currently supports the exchange and remittance of more than 200 currency pairs worldwide, allowing real-time viewing of exchange rates and conversion. It supports local transfers to most countries or regions worldwide, and there is no limit to the amount you can remit globally.
• Flash exchange: After recharging, you can directly realize the mixed exchange of digital currency and fiat currency online, and there is no limit to the amount, supporting withdrawal to offshore bank accounts.
• Wealth: Includes financial management functions related to digital currency and fiat currency. Existing financial products include arbitrage between USDT and USD current financial management, with a minimum annualized yield of 5.48%. The daily interest is distributed to the user's available balance in the USD account at 24:00 on the second day.
• Exchange rate inquiry and currency conversion: BiyaPay currently supports real-time exchange rate inquiry and conversion of more than 30 legal currencies (USD, EUR, GBP, HKD, JPY, etc.) and more than 200 digital currencies (USDT, ETH, BTC, etc.).
• Currency Exchange: BiyaPay uses USDT as a medium to exchange more than 30 legal currencies in real time. Using digital currency USDT can achieve instant transfers worldwide, with no limit on the amount and low transaction fees.
• U.S./Hong Kong stock management: covering major securities markets in the United States and Hong Kong, allowing users to manage related stock assets through one account. It also supports transfers between banks and securities accounts, making it easy to exchange USDT for U.S. dollars or Hong Kong dollars and deposit funds with supported brokers.

Trading features

BiyaPay's trading platform adopts advanced technology architecture to ensure the stability and security of transactions. The platform interface is intuitive and easy to operate, providing users with a smooth trading experience. In addition, the platform supports access from multiple devices, iOS and Android, making it convenient for users to trade anytime, anywhere.

Regulatory information

1. US BIYA GLOBAL LLC

BIYA GLOBAL LLC is federally registered as a Money Services Business (MSB) with the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), registration number 31000218637349.

2. BIYA GLOBAL LIMITED

BIYA GLOBAL LIMITED is registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), registration number M20490364.

3. New Zealand BIYA GLOBAL LIMITED

Biya Global Limited is registered as a Financial Service Provider (FSP) in New Zealand under registration number FSP1007221 and is subject to oversight by the Financial Markets Authority (FMA).

4. Other countries and regions

When BiyaPay operates in other parts of the world, it also needs to comply with local financial regulatory regulations.