Would like some clarity on Flexa Payment Links and gas

Question

Would like some clarity on Flexa Payment Links and gas

fees and Gemini. If your assets are on the Gemini exchange and Flexa Payments goes live on Gemini and you want to pay at Chipotle using Gemini, how are there gas fees involved? There seems to be an assumption on the Amptoken subreddit that you have to pay gas fees from now on if using Gemini..

#amp #cryptocurrency #english

0

29.06.2022

9 ответов

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bubby

S₳R₳ House Mom
Any wallet that sends a payment with Flexa Payment...

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29.06.2022

BobbyPierce Pierce Автор вопроса

S₳R₳ House Mom
Any wallet that sends a payment with Flexa Payment...

Sorry I'm a bit of newb, so if my Bitcoin is on Gemini exchange and there's a pay with Flexa option on my Gemini app (via Flexa Payment Links) and I'm at Chipotle's register, where's the step where gas fees are involved?

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29.06.2022

bubby

BobbyPierce Pierce
Sorry I'm a bit of newb, so if my Bitcoin is on Ge...

Apps will simply send assets to Flexa, that is all. It’s no different from you sending assets from Coinbase to MetaMask or Gemini to Coinbase. In those situations, you will be responsible for gas.

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29.06.2022

BobbyPierce Pierce Автор вопроса

bubby
Apps will simply send assets to Flexa, that is all...

Thank you Bubby and Sara

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29.06.2022

Bleu Gordo

bubby
Apps will simply send assets to Flexa, that is all...

there goes me ever using eth based assets lol

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30.06.2022

Zag

Bleu Gordo
there goes me ever using eth based assets lol

Yeah it's pretty much us the consumer are still paying for a "visa" transaction fees and the merchant saves by their customers being fully responsible. "Any app" is amazing, but for those who don't have the SDK (Gemini) it makes any ETH based wallet with something like USDC in your account more expensive than traditional payments..? No? ZK rollups or Optimistic on ETH wallets will be needed. If I'm wrong, please explain..

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30.06.2022

To The Moon

Zag
Yeah it's pretty much us the consumer are still pa...

Would also really like to know this.

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30.06.2022

Leigh

Bleu Gordo
there goes me ever using eth based assets lol

I believe Tyler said they will support L2's eventually. In the meantime, there's the MATIC transformer.

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30.06.2022