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Best Fiat To Crypto On-Ramp

Use Cases for Crypto Onramps

use cases for crypto onramps

A crypto onramp allows your customers to purchase crypto and establish a presence on the blockchain. It’s the first step in accessing your blockchain-based Web3 app or service.

A simple onramp allows customers to enter the crypto world quickly and easily without facing the complexity of public-key encryption or consensus mechanisms. A crypto onramp like the KriptoRamp widget provides blockchain onboarding services without requiring users to leave your website or app. It’s the fastest, easiest way to gain access to your project.

What kinds of apps and services benefit from crypto onramps?

Crypto wallets: If your team has developed a wallet, why not integrate the ability to make fiat deposits and withdrawals? KriptoRamp adds a fiat-to-crypto bridge that makes wallets easier to use and more appealing.

Swap services: Crypto-to-crypto swap services aren’t much use to people who don’t yet own any crypto. Add a convenient, easy-to-use way to acquire crypto with a credit card or bank transfer, and your service is more useful to more people.

Mining pools: Users who want to join a mining pool need a presence on the blockchain and a convenient way to convert the crypto they earn into fiat currency. You can offer that service yourself by integrating KriptoRamp. It’s just a few lines of code.

Decentralized exchanges: DEXs give users the ultimate control over their crypto finances – but they need to acquire that crypto somewhere. KriptoRamp fulfills crypto onboarding requirements, making your DEX more accessible to more people.

Games: Blockchain technology is set to transform the gaming world, but its adoption could be faster. Gamers need a fast, easy, trustworthy way to acquire crypto for game acquisition, upgrades, and in-game purchases.

Portfolio trackers: Portfolio monitoring is just one of the hundreds of DeFi applications that could benefit from a fiat-to-crypto ramp for onboarding users. 

Centralized exchanges: Like swap services and DEXs, crypto exchanges are more useful if they provide a simple, fast, trustworthy way of acquiring crypto assets. A crypto onramp widget from a licensed and regulated service like Kriptomat offers peace of mind along with convenience.

NFT platforms: Marketplaces for buying, selling, and swapping NFTs are big business these days. A crypto onramp allows more users to participate in the NFT boom without requiring them to tackle the complexity of blockchain technology.

Crypto coins and tokens: If your Web3 project includes a token for utility, transaction fees, or governance, a crypto onramp is essential for letting users purchase the tokens without leaving your app or website.

That’s just the start. Any Web3 service or app can benefit from giving users a convenient fiat-to-crypto ramp.

The Kriptomat KriptoRamp widget supports a wide range of European currencies and languages as it gives users access to more than 250 cryptocurrencies on the most widely used blockchains. KriptoRamp handles KYC verification, fraud monitoring, chargebacks, and compliance with laws and regulations in 42 European markets – more than 70 countries worldwide. 

NOTE

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. Risk only assets that you are willing to lose.

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