The fiat wallet solution is a bank account service with the ability to exchange fiat into cryptocurrency.
Also, depending on your account options, it may be difficult to source some cryptocurrencies on Layer 2 networks.
To obtain a fiat wallet you will need to go through the same registration process required by a CEX.
In addition, what we will have obtained will not be access to a platform.
In many cases, we will have a real bank account.
With all the burdens of the situation.
For anyone who wants to get a small, one-time amount of crypto this solution presents the same problem as the Centralized exchange registration solution.