Zap wallet launches an in-app OTC desk on the Lightning Network for bitcoin buyers
Jack Mallers, the founder of Zap Solutions, launched a dollar-denominated bitcoin buying feature inside its lightning-friendly mobile and desktop wallet, CoinDesk's Leigh Cuen reports. Zap is kicking off the feature with an invitation-only beta release in late September. Mallers told CoinDesk:
“We’ve architected the [wallet] codebase so that we can release a version that doesn’t include know-your-customer information. The KYC stuff is only pulled in when you want to buy or sell bitcoin. You download [Zap], link it to your debit card. KYC is just email, name and address. Then buy bitcoin, sent to you via lightning, that’s almost instantly spendable.”
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