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On-Ramp & Off-Ramp Features
About On-Ramp & Off-Ramp Integration by Alium Finance
On-ramp and off-ramp in crypto refer to converting fiat currency (government-issued currency, such as the US dollar) to cryptocurrency (digital money, such as Bitcoin), and vice versa.
- On-Ramp service allows individuals to purchase cryptocurrency using fiat currency;
- Off-Ramp service allows users to sell cryptocurrency for fiat currency.
These services are typically provided by cryptocurrency exchanges, which are platforms that allow users to buy, sell, and trade various cryptocurrencies.
Transak is a global on-ramp and off-ramp service for cryptocurrency, which enables users to buy and sell cryptocurrencies using their local fiat currency. The platform allows users to purchase cryptocurrencies with their local bank account, credit card, or debit card, and also supports various other payment methods like UPI, net banking, and more. Additionally, the platform also allows users to sell their cryptocurrencies and withdraw the proceeds to their local bank account.
Alium Finance provides a user-friendly interface for on-ramp and off-ramp integrations, which allows users to easily navigate through the platform and complete transactions quickly and securely.
Integration is available globally and supports a wide range of fiat currencies, including USD, EUR, GBP, INR, and more.
Alium Finance charges just 0.75% per each on-ramp/off-ramp transaction, while Transak fees and Network/Gas fees remain dynamic and will be different for every transaction.