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IKalonji / SolAfrique

Mobile payments dapp for Africa
MIT License
3 stars 2 forks source link

How is SOL sent #1

Open dinarpay opened 2 years ago

dinarpay commented 2 years ago

How do I withdraw my money via the blockchain? How is sol sent You need to pay network fee In this wallet, the private key can be hacked

Is there an intention to develop the project I want to create a local cryptocurrency payment project And be a reward system in sol or solana

IKalonji commented 2 years ago

The withdrawal system is yet to be established as per the roadmap. We are looking a hybrid withdrawal where users can withdraw cash from a cash agent and also withdraw by card/bank account.

We use Tatum virtual accounts and virtual currency to send and receive, however the main account would need to be provided with liquidity for this to work.

Security has not been embedded as yet, however we will be making use of Tatum keystore to offer security of private keys.

Yes the intention is to further develop the project, for the developing cryptomarket in Africa and the rest of developing nations.

I am a beginner so I would like to invite you to share any advice or contribution to turn this project into a marketable product.

dinarpay commented 2 years ago

The best way to deposit and withdraw money is cUSD via the Celo blockchain But the payment, is internal via the wallet server A very simple payment fee can be set, such as 0.05 US cents And that it be an internal exchange through the wallet server to exchange the dollar with the local paper currency or vice versa Payments are made via local paper currency ie ZAR, and are internal via the wallet server