Post
Topic
Board Tokens (Altcoins)
Re: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world
by
OpenTN
on 20/12/2017, 11:01:56 UTC
OpenTN, I read whitepapper and want to clearify some moments:
1. Will OTN limit some country to use their wallet, like IQ did with their platform?
2. As I understood in wallet will be allowed only to store money crypto and fiat. Do you plan to combine your exchange and your wallet in 1 applet? To be able place some fiat and convert it to crypto or withdrawal in cryto to my credit card thru your wallet?
3. Have you any idea about amount of planning comission for withdrawal in fiat? because for now lot of services allow to buy/sell bitcoin from fiat money, but with realy big commission. If it will be like now in IQ 10% it will be too much, and I'm sure that I won't use such wallet.
4. Can you more explain about your roadmap: in Feb will be wallet ok with that. My question is about April: you are going to release OTN exchange, but as I understood it will be classical exchange (off-chain as you write in roadmap) like 100 others till September, am I right?
5. Will your exchange (in April) have some advantages over others?

1) Just like Blockchain solutions should be available to all, our products should also be universally accessible.
That being said, we do not guarantee that your country's particular legislation will not forbid digital currency transactions etc.

2)  Absolutely!

3) Sorry, we don't have any exact figures to speak of at the moment (

4) Correct. At first it's going to be more or less a classical exchange.

5) Easy access to Crypto via quick and secure bank card purchase and withdrawal.