[bisq-network/proposals] Add Transferwise as new multi-currency payment method (#243)

[viperperidot]

Just to add to what @pazza83 said, the demo trade we did went very smoothly. Basically you just set any of your fiat currency accounts as your 'primary' account and any incoming e-mail transfers will be deposited to that account. When sending all you have to do is input the recipients e-mail address and their banking details are auto-populated. Once the transaction is initiated it takes a few minutes at most and the money is deposited. Best part about it is there are ZERO fees for TW to TW transfers!!

Personally I used the TransferWise website which provides a nice UX but they also have a mobile app which some users might like. Like pazza said I think TW is a great alternative to Revolut, offering similar functions but more widely available in different countries. 

In summary I think TransferWise and Bisq work very well together allowing a user to access virtually any market available on Bisq and does so in a simple way. They also have a good customer support team if any users have issues setting up their account. 

The TW to TW option basically allows a user to trade in any currency, theoretically you could even have a TransferWise or 'Global' market option on Bisq because it is not limited to any fiat currency. You could have the preferred fiat currency as in input option when creating the payment account on Bisq and then any user could make a payment in that currency because TW allows many conversions on the fly. Just an idea, but also keeping the current fiat markets and just adding it as a payment method would also work too. TransferWise breaks down traditional fiat currency barriers and always a user access to the global market.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/proposals/issues/243#issuecomment-718228005
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20201028/225c567b/attachment.html>