Porsche Ma's profile on Product Hunt

Porsche Ma

Head of Product @iwanttobuybitcoin

#2182978@porsche_maiwanttobuybitcoin.com

Activity 1 Made 35 Following 28 Followers

Upvotes (2)

Joined on November 4th, 2019

27 points

Comments

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@frank_schuil Hey Frank, the comparative strength of licenses is not what I'm trying to discuss here, that obviously has a huge list of considerations from client protection, fund segregation, regulatory measures to limit client risk etc. However to claim that we're not fully EU licensed and regulated does not factually check out. We do have licenses in Estonia and Estonia is a part of the EU. Also, the main point of our product is the ability to buy crypto using credit card immediately, so it seems a bit misleading when you say that safello is no account required and 60 seconds, only fair to add also: no credit card option therefore no chargeback protection.

on iwanttobuybitcoin

9mo ago

💬

@pwincesspeach Hey Anthea! Thanks, we spent a lot of time on it! So we're not huge fans of the way most crypto companies hold your funds, we think that it not only increases your total fees through network fees, but that it also creates a lopsided risk profile for customers as the laws that protect customer funds in crypto are still murky at best currently. On our checkout page we ask for a wallet address, which we directly feed to our crypto dispensing wallet. We currently do not offer a wallet but we highly reccomend BRD wallet for it's simple UI/UX (but not for it's crypto purchasing fees...).

on iwanttobuybitcoin

9mo ago

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@manal_rifki We believe so too! There just isn't a company out there that makes it really easy to purchase crypto without having to submit 5 sets of documents, verify bank accounts etc.

on iwanttobuybitcoin

9mo ago

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