I am waiting for the moment when vise-versa trading facility will be available. That day Bancor will progress by leaps and bounds when selling Ethereum with credit card functionality will be available. I am talking about fiat gateway integration which should be around the corner though I also have lost the tracking completely.
Hello, Xandan, there's already a fiat gateway available. Just access your wallet and press 'Buy' button as on this screenshot:
https://s22.postimg.cc/jutje9rtt/Screen_Shot_2018-08-21_at_15.57.12.pngBut Bancor only allows to buy not sell. he probably wants to know when people will be able to sell ETH for USD on Bancor network. will Bancor ever have a "sell" button?
Well, the fiat-to-crypto integration is provided by a third party (Simplex), so there is no way of knowing at the current moment if there will be an option for crypto-to-fiat.
There are so many ways to convert cryptocurrencies into fiat and it is easy to discover who are providing these services but the question is that when it will be implemented on this platform. I'm quite this integration on this network will be turning point for this and we will see majority of the people start using this platform.
i agree with you and i share your enthusiasm, but; there are already some exchanges and markets that you can sell your crpto into fiat, like bittrex.
for majority of people using this platform, bancor should give people some advantages over bittrex etc. and promote people, people should be encouraged in a way
That's a good point, but I would posit that Bancor is already providing something else that other exchanges are not. It allows for tokens to be bought and sold with no need for a third party, and lets tokens with extremely low liquidity to be transacted. So while you are right, there may be ways to promote Bancor and encourage people to try the platform, it definitely already has a very strong incentive for use.
