Page Comparison

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• User

  • Users enters FIO Address as their withdrawal address for any crypto.

  • User does not need to register a FIO Address inside the exchange for this integration.

• Exchange

  • Fetch public address using /get_pub_address.

  • Rest of flow unchanged.

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• User

  • User picks FIO Request as an option to make deposit of any crypto.

  • User enters:

    • Their FIO Address

    • Amount

    • Memo (optional)

• Exchange

  • Sends FIO Request using /new_funds_request with

    • From FIO Address

      • DECISION 1

        • A. Generic FIO Address, e.g. deposits@greatexchange OR

          • For this option User does not need to register a FIO Address inside the exchange.

        • B.User-registered FIO Address, e.g. bob@greatexchange

  • Public address, where funds to be sent for deposit

    • This address can include attached blockchain specific tags or memos, e.g. Destination Tags for Ripple

  • Memo (optional)

• User

  • User approves request in their wallet and a native blockchain transaction is executed

  • A FIO Data transaction is automatically sent to the FIO Chain and it includes native blockchain transaction ID.

• Exchange

  • Sees the native transaction and credits the user

  • Can also fetch the FIO Data transaction using /get_obt_data

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• Deposit using FIO Request with request coming from user-registered FIO Address, e.g. bob@greatexchange

• Deposits using FIO Address

• Withdrawal using FIO Request

DECISION 2

• A. Exchange controls the UX

  • User

    • Picks a FIO Address

      • DECISION 3

        • A. Address registration part of on-boarding OR

          • DECISION 4

          • A. A FIO Address can automatically be assigned when a user creates an exchange account, e.g. user_name@greatexchange OR

          • B. User picks a FIO Address themselves

        • B.Address registration as an option

          • Any user may choose to register a FIO Address when they want to access the FIO features.

  • Exchange

    • Foundation-paid FIO Addresses

      • Register FIO Address on chain using /register_fio_address

        • DECISION 5

          • A. You want to keep the domain private. Only the exchange can register FIO Addresses on that domain.

          • Exchange will have to transfer domain ownership to Foundation

          • B. The domain can be public

          • Custom permission set-up will be required.

    • Exchange-paid FO FIO Addresses

      • Register FIO Address on chain using /register_fio_address

        • Register FIO Address on chain using /register_fio_address

• B. Exchange links user off to registration site

  • FIO Addresses registered to a FIO Public Key can be obtained for display using /get_fio_addresses

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With this option, the user can make a deposit to their exchange without ever logging into it, by simply sending crypto the their FIO Address, e.g. to bob@greatexchange

• User

  • DECISION 6

    • A. User explicitly decided which crypto currencies are mapped to their FIO Address

    • B. The exchange automatically maps all supported crypto currencies to the FIO Address

• Exchange

  • Maps public addresses using /add_pub_address and FIP-15 Standard

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• User

  • Send a FIO Request to their exchange FIO Address e.g. bob@greatexchange with

    • Chain code

    • Token code

    • Withdrawal address

    • Memo (optional)

• Exchange

  • Receives the FIO Request

  • Authenticates the user

    • DECISION 7

      • A. User has to log-in and approve request.

      • B. User approves request by clicking on email.

      • C. User whitelists their FIO Address and withdrawal address and FIO Request is automatically approved when received.

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