SpendTheBits is a cryptocurrency payment mobile app built on a decentralized open-source platform, XRP Ledger. The app enables users to store and spend their cryptocurrency. SpendTheBits harnesses the potential of XRP Ledger - a peer-to-peer decentralized architecture-based platform - to provide a comprehensive cryptocurrency payments ecosystem. The company claims to support real-time ecofriendly Bitcoin (BTC) transactions (both sending and receiving), including other crypto-assets in the pipeline. The complex web of blockchain, native tokens, consensus methods, and transaction validation is what SpendTheBits claims to simplify. The company aims to enable an everyday investor and crypto enthusiast to participate in one of the fastest-growing asset classes. The SpendTheBits app, available for Android and iPhone users, empowers users to spend cryptocurrency anytime and anywhere. The app claims to be the bridge between Bitcoin main net to facilitate instant BTC deposits and withdrawals, i.e., the user’s funds will be credited or debited after the 1st confirmation on the Bitcoin blockchain. The other problem it tackles is the “spending” of BTC holding in an eco-friendly way. Considering the SpendTheBits app is fully powered by XRP Ledger, the network transactions fee cost is reduced from dollars to pennies. The XRP Ledger blockchain powers one of the top 10 crypto assets by market cap -- XRP. With round-the-clock transaction support, something which complements the 24x7 functioning of the crypto-asset market, SpendTheBits boasts decentralized underpinnings. Lastly, the platform allows the private keys of all users to be securely saved on users’ own devices, making them immune from hackers.