A familiar button. Who actually performs the transaction?
...
A convenient way to buy $ETH with a card has appeared in the wallet. The interface is the same, so it seems the counterparty is too.
But different companies and protocols can operate within a single app. One provider accepts the payment, another calculates the exchange rate, and a third sends the asset. For contract trading, the route may be entirely different.
This becomes noticeable when a transaction is delayed. The wallet’s support team may be responsible for displaying the order, while a payment refund depends on a separate service with its own rules and checks.
Before confirming, it’s helpful to see the provider’s name, the final amount you’ll receive, the fees, the terms for holding funds, and how to get help if something goes wrong. For a decentralized transaction, it’s also important to understand what permissions you’re granting to the contract.
A convenient button reduces the number of steps on the screen. It doesn’t combine the responsibilities of the different parties.
Do you usually know who you’re sending money to when you use a wallet’s built-in feature?
...
A convenient way to buy $ETH with a card has appeared in the wallet. The interface is the same, so it seems the counterparty is too.
But different companies and protocols can operate within a single app. One provider accepts the payment, another calculates the exchange rate, and a third sends the asset. For contract trading, the route may be entirely different.
This becomes noticeable when a transaction is delayed. The wallet’s support team may be responsible for displaying the order, while a payment refund depends on a separate service with its own rules and checks.
Before confirming, it’s helpful to see the provider’s name, the final amount you’ll receive, the fees, the terms for holding funds, and how to get help if something goes wrong. For a decentralized transaction, it’s also important to understand what permissions you’re granting to the contract.
A convenient button reduces the number of steps on the screen. It doesn’t combine the responsibilities of the different parties.
Do you usually know who you’re sending money to when you use a wallet’s built-in feature?