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Forgive me if this sounds stuoid, but I have done some research and Im still not clear.
We have an application that acquires money from my users via Adyen and my users' debit cards. We now want to buy bitcoin with this on the part of the user. What are the options here? What Im thinking:
- My company buys a large amount of bitcoin upfront
- when we acquire money from my users, we then transfer the BTC to a BTC address they provide (do this by running a bitcoin node)
Is there any other way of doing this? I have explored API's like Coinbase but they only allow this if the user already has an account (which they can verify has fiat money) with the service.
Thanks.
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