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Monday, September 30, 2024

bitcoind – Programatically purchase Bitcoin after buying funds from a person

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Forgive me if this sounds stuoid, however I’ve executed some analysis and Im nonetheless not clear.

We’ve got an software that acquires cash from my customers by way of Adyen and my customers’ debit playing cards. We now need to purchase bitcoin with this on the a part of the person. What are the choices right here? What Im pondering:

  • My firm buys a considerable amount of bitcoin upfront
  • after we purchase cash from my customers, we then switch the BTC to a BTC handle they supply (do that by operating a bitcoin node)

Is there some other manner of doing this? I’ve explored API’s like Coinbase however they solely enable this if the person already has an account (which they will confirm has fiat cash) with the service.

Thanks.

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