Announcing ‘Receive Bitcoin’ Limited Release: Receive and Use Bitcoin in Your Fold Account

At Fold, we’re pushing the boundaries of what’s possible with Bitcoin. Today, we’re excited to announce a limited release of a major new feature: you can now receive bitcoin directly into your Fold account. Whether you want to pay bills, spend on your Fold Card*, or simply receive bitcoin directly to your account, this feature gives you the flexibility to live entirely on Bitcoin, while still enjoying the benefits of modern financial tools.

How It Works

Receiving bitcoin on Fold is simple and opens up a world of possibilities for how you use your funds. Whether you want to receive bitcoin from a friend, pay bills, spend, or withdraw cash, Fold gives you the power to manage your bitcoin like never before.

  1. Send or receive bitcoin to your Fold account. Copy or scan your deposit address and send funds from any other wallet. It’s quick and easy to bring your bitcoin into Fold.
  2. Push bitcoin to your dollar account. Once your bitcoin is in your Fold account, you can instantly convert it to dollars to pay bills like rent, mortgage, or credit card payments. Use your Fold account’s routing and account number to pay directly from your bitcoin balance, and earn up to 1.5% back in bitcoin on every payment**.
  3. Live on your bitcoin
    1. Spend bitcoin on your Fold Card. Load your Fold Card with bitcoin and earn rewards on every purchase. Whether you’re buying groceries, clothes, or everyday essentials, you can earn bitcoin while spending bitcoin.
    2. Pay your monthly bills. Use your account and routing number to pay your monthly recurring bills like your mortgage, rent, credit cards and more. And, get up to 1.5% bitcoin rewards for doing so. 
    3. Turn any ATM into a Bitcoin ATM. With Fold, you can convert your bitcoin into physical cash at any ATM. Fold allows you to turn any ATM into a bitcoin ATM, giving you instant access to your funds in the form of dollars wherever and whenever you need them.
    4. Hold your bitcoin in insured custody. When you deposit your bitcoin to Fold you get the benefit of BitGo’s Insurance of up to $250M due to loss, mismanagement or theft.
    5. Receive bitcoin payments from others. Whether you’re getting paid in bitcoin or receiving bitcoin from a friend you can easily accept bitcoin payments right to your Fold account. 

For more information on this feature, please visit our FAQ.

Limited Release

This exciting feature is now rolling out in limited release to select users. Users who can start receiving bitcoin into their Fold account today will be notified via email. Don’t worry—a wider rollout is coming soon! We’re working hard to bring this feature to all our users, and you’ll be hearing more from us shortly.

Big Picture: Fold as the Home of Bitcoin Personal Finance

With the introduction of this feature, Fold has become the ultimate destination for managing both your bitcoin and dollar needs. Here’s the big picture of what Fold now offers:

  • Receive bitcoin or dollars directly into your Fold account, and use them as you see fit.
  • Hold bitcoin or dollars based on your financial goals—whether you’re saving in bitcoin or managing day-to-day expenses in dollars.
  • Spend bitcoin or dollars seamlessly, whether you’re paying bills, buying goods, or withdrawing cash.
  • Convert between bitcoin and dollars instantly, keeping the balance that works best for you.

Fold allows you to live on a bitcoin standard without losing access to the traditional financial system. Whether you want to maximize your bitcoin holdings, manage expenses, or simply access cash, Fold gives you the freedom to do it all while staying connected to the tools you rely on.


The Tools You Need for the Money You Prefer

At Fold, we believe in the future of Bitcoin, and we’re committed to building the tools that make it possible to live on Bitcoin—comfortably. This limited release is a huge step forward in bringing bitcoin personal finance to the forefront.

Now, with Fold, you can:

  • Pay bills with bitcoin and earn rewards.
  • Spend bitcoin on the Fold Card and grow your stack.
  • Withdraw physical cash from any ATM using your bitcoin.
  • Keep your bitcoin safe with insured custody.

The tools are here. The future is now. Ready to start living on Bitcoin? Join the limited release and take control of your financial future with Fold.


Stay tuned for updates as we roll out this feature more widely and continue making Fold the best place to live your life on Bitcoin.

*The Fold Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A.. Inc. Visa is a registered trademark of Visa, U.S.A., Inc. All other trademarks and service marks belong to their respective owners. Fold is a financial services platform and not a FDIC insured bank. If you have a Fold Card, accounts are subject to pass-through FDIC insurance up to $250,000 per ownership category, should Sutton Bank fail. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Coverage limit is subject to aggregation of that account holder's funds held at Sutton Bank. Reward Accounts and bitcoin are not FDIC or SIPC insured. Bitcoin involves certain risks and may lose value. 

BitGo and Fortress Trust provide Bitcoin services. See BitGo Terms of Use here, and Fortress Terms of Use here.

 Fold, Inc.  11201 N Tatum Blvd Ste 300, #42035, Phoenix, AZ 85028-60399

**For more information on how ACH bill payment rewards works and what qualifies, please visit our support page.