Existing on ramp fees are too expensive at somewhere between 3 and 4 percent. Using brokerages is time consuming to transfer fiat, exchange to usdt, buy EGLD then send to x-wallet. Surely a native on ramp can be developed using x-money /utk to significantly reduce fees, and save time. A fee of say 1% would be a huge improvement over Moonpay, and perhaps reward people with UTK tokens for using it as well! Thoughts?
Hey @dingodan ,
Welcome on the Agora!
Have you tried the new on-ramp solution in xPortal that uses xMoney under-the-hood?
Yes, and the fees!!! You’re missing the point, on ramp fees are just too expensive. If anyone is a serious investor the only viable way to buy EGLD is via a brokerage and then transer to xPortal.
For me in Canada it’s a pain.