How does the fee structure work for fiat onramps ?
Say for example the spotprice for one Bitcoin is 1000 USD on the Nash exchange. And 1EUR = 1USD.
– How much will it cost me if I like to buy 1 BTC on ramp in EUR.
– Who decides the fees ? And if its up to the partner, does Nash have rules/guidelines to avoid uncompetitive rates ?
Who holds the Bitcoin being sold on ramp ? (the parner, Nash, some other fund,…)
Are partners demanding custodial services from Nash ?
Is the onramp just an integration with USDC ? And Bitcoin being delivered from USDC/BTC pair. Liquidity provided by market makers…