Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Can't swap crypto to fiat in Portuguese bank #105

Open
ilyaLibin opened this issue Mar 12, 2022 · 3 comments
Open

Can't swap crypto to fiat in Portuguese bank #105

ilyaLibin opened this issue Mar 12, 2022 · 3 comments

Comments

@ilyaLibin
Copy link

Facts:
The selling crypto is supported with every bank in EU. SEPA allows faster transactions however it's not required as the modal suggests.
image

Without a SEPA instant bank account, your money will take 1-3 business days to arrive.

Issue
The validation of the form blocks users to select not a SEPA bank for selling flow.

  1. When trying to find my bank:

image

  1. When choosing different bank from the list:

image

Expected/suggested behavior
Allow users to use any supported bank (SEPA/not SEPA) and only have a tag on the side that indicates that the bank has SEPA support.

@sisou
Copy link
Member

sisou commented Mar 14, 2022

We are currently investigating how to best handle this case in the Wallet. In the meantime, you can already use https://supersimpleswap.com by Nimiq, to swap crypto-to-EUR with any IBAN.

@ilyaLibin
Copy link
Author

We are currently investigating how to best handle this case in the Wallet. In the meantime, you can already use https://supersimpleswap.com by Nimiq, to swap crypto-to-EUR with any IBAN.

Thank you, @sisou !
I tried using that tool, but there is one confusing thing that I'm not sure I understand completely..
In super simple swap, what’s a fee per byte? How should I calculate the final transaction amount?
Let’s say I want to convert 0.001 bitcoin to eur, and the fee per byte is 10 satoshi. How much should I send to the address?

Also because of timeout, I'm banned and my maximum amount is reduced to 0 🤦

@sisou
Copy link
Member

sisou commented Mar 29, 2022

The amount that needs to arrive at the swap address in your example is 0.001 BTC, which is the amount you set as the transaction value in your wallet. You need to pay an additional fee of 10 sat/byte (in this example). In your wallet, you should be able to set this fee. In case of the Nimiq Wallet, when sending BTC you can select the fee at the bottom of the sending dialog, the tooltip tells you the fee/byte for the selected setting.
image

Are you using another wallet for BTC?

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

2 participants