Using Trust Wallet for Point of Sale Purchases with Hive

Introduction:

I have been researching how to spend hive and perhaps HBD using the existing Point of Sale Infrastructure. My thought is that if I can figure out how to sell Hive in a mobile phone App and send the cash to an in App Debit card, then I can connect the debit card to Google Pay or Apple Pay and buy things.

Body

Using existing Point of Sale Infrastructure to buy stuff with Hive- the short version:

So far the steps I mapped out with my research were;

First, transfer spendable Hive to my Trust Wallet.
Second connect Trust wallet to MoonPay.
Third sell HIve for my countries currency, and choose direct cash to Debit Card.
Connect my debit card to Google Pay / Apple Pay.
Buy stuff with the new cash on my Debit Card.

Insights

I only need to connect the debit card to MoonPay once and it remembers.
I only need to connect my Debit Card to Google Pay or Apple PAy once, after that it remembers.
By using the debit card I buy stuff with my HIve with no special infrastructure.

Important consideration

I counted the steps it usually takes to transfer Hive to a centralized exchange, sell it, transfer the cash to my bank, waiting the mandatory 2-3 days for the ACH transfer, then transfer the money to my phone debit card, wait 2-3 days for the ACH transfer to go through, and then buy stuff.
It seems that selling crypto for cash gives you spendable cash right away and originally it allowed you to buy more crypto right away, but now that you can send the cash directly to a debit card within the App you have access to the cash immediately.

Feedback

What do you think?
Do you have any experience with Trust Wallet and MoonPay??
Put your answers in the comments below.

Using Trust Wallet for Point of Sale Purchases with Hive: Long Version

Main Points

Trust Wallet allows sending Hive via browser and mobile phone.
Trust Wallet is a browser-based, self-custody wallet for storing Hive, supporting many assets across various blockchains.

Other Good Points

Self-Custody: Full control over private keys and seed phrase, ensuring Hive ownership.

Wide Support: Supports Hive and millions of assets across hundreds of blockchains.

User-Friendly: Designed for both beginners and experienced users.

Security: Known for security features and independent audits.

Conclusion: Trust Wallet is a good option for secure Hive storage with complete asset control.

Selling Cryptocurrency inside Trust Wallet

Primarily through In-App Third-Party Providers.

Partnerships allow direct conversion to fiat and bank account deposits.

Alternative: Sending crypto to centralized exchanges supporting fiat withdrawals.

Another option: Swapping less common crypto for more common ones (e.g., BNB, ETH) on DEXs and then selling on centralized exchanges.

Important Considerations:

Be aware of blockchain and third-party/exchange transaction fees.

Check supported fiat currencies and payment methods of providers/exchanges.

Always double-check addresses to prevent sending errors.

This process enables selling crypto within Trust Wallet for fiat currency.

Trust Wallet 3rd Party Vendors Offer Debit Cards with Immediate Access to Cash from Cryptocurrency Sales.

Many providers, like MoonPay and Topper, offer debit card withdrawals.

Allows selling Hive, adding cash to a debit card, and using it for point-of-sale purchases.

Examples:

MoonPay

Enables selling crypto (e.g., Tether, XRP) for bank account or debit card payouts.

Fiat payout can be directed to Visa or Mastercard.

Accepts Visa, Mastercard, and Maestro debit cards for purchases.

Supports bank transfers and digital wallets like Apple Pay and Google Pay.

How does it work?

First, transfer spendable Hive to my Trust Wallet.
Second connect Trust wallet to MoonPay.
Third sell HIve for my countries currency, and choose direct cash to Debit Card.
Connect my debit card to Google Pay / Apple Pay.
Buy stuff with the new cash on my Debit Card.