Have We Solved The Fiat to Crypto Problem Yet?

  • It’s nerve-wracking for the sender — they have no way of verifying that they’ve inputted the correct wallet address. One mistake and all the crypto they intend to send could go down the drain.
  • The sender needs to calculate the exact amount of crypto to send while accounting for gas fees, which are essentially processing fees that go up in proportion to network congestion. You won’t know how much these fees cost until the transaction is completed, and you can’t successfully complete a transaction if you don’t have enough leftover funds to cover the fees.

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