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13 sats \ 20 replies \ @Undisciplined OP 8 May \ parent \ on: Ideas for Prediction Market Financing econ
For sure.
I didn't get into this level of detail, but the large channels a popular prediction market would need could really help bring down fees on large transactions like yours.
I would suggest Predyx give an option of custodial wallet but then again, the problem, I guess they would need MTS license. So, I don't think @mega_dreamer would give it a look atm while Predyx is still in beta.
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You can use their custodial wallet.
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Ahh sorry, I typoed non custodial, I've edited it.
Can you pay from the custodial wallet of Predyx?
I'm not aware if they even have a wallet? Yeah, they show it for withdrawal but it's not a wallet I guess.
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I'm not sure if you can deposit into that wallet, but you can sell shares into it and buy shares with the balance.
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buy shares with the balance
Have you ever done it? I don't know why I'm so unaware about it. I didn't see any option like this for me while buying shares.
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Yes, it's a relatively new feature. If you have a large enough balance when you try to buy, there's a little green wallet icon that you can click on and that will pay with your balance.
yeah MTS is an issue. We're in the waitlist of Harsha Goli's Magnolia https://magnolia.financial to act as our custodial.
We tried talking to ZBD, but its seems they're busy serving other large customers.
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Great. Thanks for the info.
I'm hearing about mangolia financial for the first time.
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