I've been working with cryptocurrency on and off for months. The concept of cryptocurrency and wallets is too abstract for everyday internet user.
Usually if someone wants to buy cryptocurrency to pay for let's say a video person has to:
- Find out where to create account
- When finds place like Coinbase or similar person needs to create a wallet
- Go through KYC
- Remember phrases
- Educate about all of it (wallet, phrases, crypto address)
- Choose which coin to buy
- Use a credit card to buy it
- Go to another site
- Choose payment provider
- Copy/paste your wallet id or address
- Confirm that you are an owner somehow
- Execute payment
Did I miss anything?
Is there anything that simplifies the process? Is there any payment provider that makes the process easy to use for the everyday user, imagine it as PayPal flow, such as:
- Register on site (it automatically creates a wallet)
- Use a credit card to buy crypto
- Go to another site
- Choose payment provider
- Login with it
- Execute payment
I found this
https://www.fortmatic.com/ it comes really close