Proposal: Fiat On/Off-Ramp
Summary: A fiat to a crypto gateway that allows users to on-ramp (off-ramp soon to all regions) into InstadApp on across all chains (Ethereum, Polygon and Binance Smart chain) without having to buy cryptos from another exchange first.
Everything is done within the InstaDapp ecosystem.
There is also an opportunity for InstaDapp to monetize each transaction.
- Make use of the “Buy” button
- Provide an easy way to top up user account with cryptocurrency using fiat
- On-board the masses
Provider: Banxa (https://investor.banxa.com/)
Banxa current partnerships: Bancor, Trezor, Binance + many more.
- Polygon and BSC by September 2021
Supported Cryptos: ETH, BNB, USDC, USDT, BUSD.
Polygon & AAVE to be released by September 2021
- Mastercard/Visa Card & ApplePay
- Bank Wire across Australia, Canada, Europe, UK, US. Soon to South East Asia.
Integration fee: $10,000 USDT (currently in discussion with CEO to have it waived). No other ongoing fees or commission.
Other features/benefits to be explored: Revenue sharing applicable for InstaDapp
Comments Banxa the provider will carry all accountabilities and responsibilities with regards too all things regulation and compliance.
InstaDapp will not be accountable or responsible for any of this.