From the perspective of direct cost structure analysis, completing bigo recharge through Bittopup significantly reduces exchange rate losses and transaction fees. The platform aggregates the deep liquidity of six top exchanges (Binance, Coinbase, Kraken, etc.), compressing the 1.5%-3% exchange rate premium of traditional recharge channels to 0.3%-0.8%. For example, if you recharge $100 to purchase Bigo diamonds, you need to pay a 30% platform tax on the App Store channel (the actual amount received is only $70 worth of diamonds), while Bittopup only charges a fixed handling fee of $0.99 plus a 0.5% exchange rate difference. Users actually receive diamonds equivalent to $98.51. Cost savings exceed 28.5%. The 2024 Juniper Research report indicates that such optimization models have saved an average of 37 million US dollars in redundant expenditures for users in Southeast Asia on average each year.
Innovation in payment methods further strengthens the cost advantage. Bittopup supports direct exchange of over 40 cryptocurrencies (including BTC, ETH, and USDT), avoiding the high handling fees of traditional bank wire transfers ranging from 15 to 50 US dollars per transaction and cross-border transfer fees of 3-5%. Comparative studies show that for users who use USDT for bigo recharge, the comprehensive cost (including Gas Fee) is only 0.2-0.5 US dollars per transaction, and the efficiency has increased by 97%. Referring to the consumption data of the Philippine live-streaming community (with a sample size of 12,000 people), the average monthly recharge cost decreased by 31% after migrating to Bittopup, proving the economic efficiency of the Crypto Payment Gateway.
Bittopup’s dynamic reward mechanism offers additional discounts. New users can receive a 10% diamond rebate equivalent to $50 on their first bigo recharge. High-frequency users will trigger a stepped cashback (3% cashback for monthly recharges of $500 or more). Platform data shows that during the Q4 2023 promotion period, the actual payment cost for users was 12% to 18% lower than the marked price. Compared with the 5% to 8% discounts offered by third-party gift card platforms such as Seagm, the cost performance improved by 120%. Among the Indonesian user group (accounting for 34% of the platform’s active paying users), such activities have increased the average annual revenue per user by 183 US dollars.
Automated processing technology reduces hidden costs. Traditional bank card recharges take 3 to 10 minutes to be reviewed, while Bittopup has reduced the processing time of bigo recharge to within 45 seconds (with a success rate of 99.2%) through an AI risk control engine, lowering users’ time cost. Its API batch recharge function enables guild operators to handle over 500 accounts at a time (with a handling fee cap of $9.9), which is 30 times more efficient than manual operation. After a live-streaming guild in Malaysia was connected, its operational human resource costs were reduced by 42%, saving $8,400 annually.