Overview Bitnik Reload is a rebuy-on-the-fly tool for over-the-counter cryptocurrency traders and other users. It tracks the user’s cryptocurrency wallet for outgoing/incoming transactions and automatically purchases/sells the outgoing/incoming amount on the chosen exchange. It allows automation and mitigates effects of price volatility. Service is anonymous and secure; Reload never touches its users’ coins. Bitnik reload currently only supports BTC; the proposal is to integrate DASH support. Notable use cases are: Part of a BTM set-up: a BTM sells and buys cryptocurrency at a markup above/below the market price, while Reload reflects the same trades on an exchage at market price, leaving the BTM operator with the markup as profit. Similar use case for Localbitcoins traders etc. Personal use: pay for stuff with BTC or DASH and rebuy BTC or DASH immediately on an exchange, effectively spending fiat from the exchange and using cryptocurrency only as the payment rails. About Bitnik Bitnik is a notable Slovenian cryptocurrency company that has existed for 3 years. We are local experts organizing meetups and lectures. Our main business are bitcoin ATMs. We currently serve a market of 2M with 6 ATMs. URL: bitnik.eu/en About Bitnik Reload: Details The User registers his wallet/service on one side and crypto exchange on the other. Reload will observe the wallet (either directly on the blockchain or via an API for selected wallet providers) and re-buy coins right after they are spent from the wallet, or sell when received in the wallet. Such flow is prefered for all kinds of brokers/BTM operators as it ensures consistent take from trade. Currently Bitnik Reload only supports BTC as the cryptocurrency. Over 20 exchanges are currently supported. For BTC, several types of wallets are supported: single-address wallets, BitGo wallets, LocalBitcoins wallets. Support for HD-wallets (BIP32) is in the works. For DASH, only single-address wallets will be supported at first as the BitGo integration doesn’t seem likely soon. URL: reload.bitnik.eu Why we came here We plan to support currencies other than BTC. Support for DASH has been requested by our users before. Seing that DASH is being integrated in certain services like Blockcypher that Reload integrates with, DASH is an obvious choice. Most basic Reload functionality is free for all users. We also have customers that get advanced features and better support. We'd like to keep the service free for casual use. So we decided to reach out to DASH governence to check if there is interest in such a service and if it is possible to get some funding for development. Amount requested 100 DASH, 1 payment Execution details The amount will cover development costs. The time to deliver is about one month. Development can start immediately.