Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

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.png

But 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.

There are close to zero 3rd party solutions for ETH to Fiat off ramps. Can you be specific regarding which services you are referring to?

We are actively exploring this option and aim to integrate it when possible.