Continuing the discussion from FLOT Operations - buy side / BTC related:
Because we are nowhere close to “FLOT Operations - buy side / BTC related” any more, I started a new thread.
What exactly would be the problem for customers or Nu in that scenario?
Seriously, I don’t know what you are trying to get at.
Nu supports a few exchanges that offer NBT/USD (or other fiat) pairs with liquidity.
These exchanges are for now the only exchanges where customers can (try to) convert fiat to Nu products (currently only US-NBT) and vice versa.
If Nu doesn’t want to maintain that any longer, supporting the fiat trading pair buy side is no longer an issue. The fiat trading pairs are at least immune to BTC volatility, but handling USD without middlemen is nearly impossible for Nu.
I don’t know whether it’s wise to discontinue fiat pairs in general or CCEDK in particular.
I’m interested in reducing the costs for liquidity provision.
That’s why I started [Discussion] Liquidity operations - a paradigm shift