Crypto onramps help potential customers make the leap from fiat currency to the crypto world so they can access your team’s app or service. It’s convenient for customers to make their purchases at your website or from within your app.
Maybe you have considered adding an onboarding function to your blockchain-based Web3 app.
What you may not have considered is that writing the code is the easy part.
Cryptocurrencies are subject to regulations that vary from country to country. European Anti-Money Laundering and Know Your Customer regulations apply. So you’ll need a compliance team to research the local regulations in every country where you do business and ensure that your crypto onramp and offramp comply.
You’ll need to negotiate with banks so you can accept payments made with credit cards, debit cards, and bank wire transfers – again, in every country where you do business.
You’ll need to handle fraud detection. Risk mitigation. Chargebacks.
You’ll want to make your onramp compatible with the most widely used blockchains and cryptocurrencies.
And of course you’ll need to do UX testing – in all the languages you’ve translated the app into. (We support 20+ languages in 42 European markets – more than 70 countries worldwide.)
And of course, there is security to consider. Did we mention that the KriptoRamp widget comes from the first European crypto exchange to earn ISO security certification?
We have no doubt that your Web3 programmers can create a simple fiat-to-crypto gateway. But code is just the beginning. To match the ease of use, legal compliance, localization, and security features of the Kriptomat KriptoRamp widget, you’ll need to establish a whole organization of experts.
That’s why we say KriptoRamp is the fastest, easiest, best way to add crypto onboarding features to your Web3 app or service. We’ve already done the hard part, and it’s available to your customers immediately when you install the KriptoRamp widget.
You’ll even earn a commission on the transactions they make.
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.