Hi Ronny, can you shed some light on how the upcoming fiat gateway will work? For example, is depositing fiat to the dex 2 explicit steps where first the fiat funds are deposited to CCEDK and then next the funds are converted to OPEN.USD, OPEN.EUR, or OPEN.CNY and deposited into an OpenLedger account? Also, will users be able to link their bank accounts for easy transfer of funds (a la Coinbase)? Thanks in advance.
After validation to become a whitelisted user of the fiat gateway, there would be 2 steps yes, but user is only doing the one, as the user would be doing the transfer with proper reference and rest is done from our side. bank account is asked for initially and I believe in near future this way of linking bank accounts via the IBAN no. for instance should be a task to work on, as it is definitely a strong point.
With the fiat gateway, you can set up monthly automatic transfers to your account on OpenLedger like a part of your salary, other income etc.You will be able to set up any monthly, weekly, daily for that matter transfers, and they will be sent directly to your account on OpenLedger.
Some people are asking to have option to send half the salary monthly directly to the account in agreement with their bank, and this is no problem, as long as it says in reference the needed account name and reason like for future investment, puchase of blablabla, this part mainly to satisfy banks need for reason in ref. section.