An international KYCed or non-KYCed platform, open to all nationalities, where you can use your day-to-day credit/debit cards or wire transfers to buy BTC through Lightning and sell back to it. It can also host a marketplace (think ebay) where people can sell their stuff for BTC and start accumulating it.
Sounds too extreme to be feasible but this is the only way for a wider adoption and ultimately a true open & decentralized world.
What is maximum fee or spread above Spot price donyou consider to be reasonable, considering that cards are 2% more expensive
If fees/spread are similar to those of P2P platforms (3-4%?) but come with direct single option to just buy BTC & send to wallet, without dealing with 3rd parties, I think it will be a huge deal.
Many people would stomach the high fees if it means they can buy easily at anytime/anywhere.
I envision it as a last resort portal to escape fiat for those who are unable to use centralized exchanges.
Tell me what you think of checkout.banxa.com, I'll work to improve it. Ln TBC
I tried it but got stuck with KYCs. An official ID was not enough apparently. Those frictions, while understandable, are what hinder progress I think. But overall I liked the interface and ease of creating a purchase. Better than Moonpay for example.
