Bitkaya was established to bridge a significant gap in Curaçao's financial landscape. On July 1, 2025, we launched as the island's first fully local cryptocurrency broker, enabling individuals and businesses to buy and sell digital assets directly in Caribbean guilders (XCG).
Why Bitkaya Was Needed
Historically, accessing cryptocurrencies in Curaçao was challenging. Residents had to rely on offshore exchanges, which often didn't accept local clients. Even when they did, transferring funds between local bank accounts and these platforms was problematic due to correspondent banking issues. This reliance on foreign services limited many Curaçaoans from engaging with the crypto economy.
Bitkaya's Distinct Approach
Unlike traditional brokers that act merely as intermediaries, Bitkaya operates as a principal broker. This means we take the opposite side of your trade, using our own capital to provide liquidity. By doing so, we eliminate the need for offshore exchanges and foreign currency transfers. All transactions are handled within Curaçao, matching local buyers and sellers efficiently.
Services for Individuals
- Crypto On-Ramp: Send XCG from your local bank account, and we'll deliver stablecoins or Bitcoin to your preferred wallet.
- Crypto Off-Ramp: Transfer your cryptocurrencies to us, and we'll deposit XCG into your local bank account.
Services for Businesses
Many local businesses face challenges in receiving payments from abroad or paying international suppliers. Stablecoins offer an efficient solution. We facilitate the conversion between stablecoins and XCG, ensuring smooth international transactions. Additionally, we offer custody services to safeguard your crypto assets.
Regulatory Compliance
With the introduction of the 'Landsverordening Toezicht Virtuele Activa Dienstverleners' on July 1, 2025, the Central Bank of Curaçao and Sint Maarten (CBCS) has set clear guidelines for crypto service providers. This regulatory framework enhances the integrity of the financial sector and protects both individuals and businesses. Bitkaya operates under these regulations and is in the process of obtaining a definitive license.
Looking Ahead
We're committed to serving the local community by improving international payments, reducing costs for the diaspora, and providing access to exciting investment opportunities. Our future plans include enhancing user experience, automating processes, integrating more closely with banks, reducing fees, and expanding our range of supported cryptocurrencies.
Give us a try and open your account today.