On-Ramp & Off-Ramp
What do the terms On-Ramp and Off-Ramp mean?
In the context of cryptoassets, an On-Ramp refers to a method of acquiring cryptocurrency, while an Off-Ramp refers to a method of selling or exchanging cryptocurrency for traditional currency or other assets.
An On-Ramp could be a platform or service that allows users to purchase cryptoassets using traditional currency (such as USD or EUR) or other cryptoassets.
An Off-Ramp, on the other hand, could be a platform or service that allows users to sell their cryptoassets for traditional currency or exchange it for other assets.
How to buy cryptoassets or tokens with your credit card?
To Buy cryptoassets with a credit card, follow the below steps:
1. On the CrSIP Platform, connect your wallet.
After connecting your wallet, select Network.
Click on “Trade” and then choose “Buy crypto On-Ramp”.
4. Select the crypto token which you would like to buy.
[OPTIONAL] You can filter by blockchain network.
Enter the amount you want to spend, and the amount cannot be below the provider's minimum: 50. Click on “Buy crypto".
Check the details and click on "Buy Now".
For Buy Crypto to Your Wallet select the payment method and click on "Buy now".
Check the details and click on "Buy USDT".
Enter your credit / debit card details and click on the "Add card".
A pop-up will be shown, "Successful Transaction.".
Scroll down to verify your wallet address, where you will receive your purchased USDT tokens on the Polygon network.
How to sell cryptoassets?
To sell cryptoassets, follow the below steps:
1. On the CrSIP Platform, connect your wallet.
After connecting your wallet, select Network.
Click on “Trade” and then choose “Sell crypto Off-Ramp”.
Select a network on which you would like to sell.
Select the crypto currency you want to sell and enter the amount you want to sell.
Select the currency you want to receive and click on "Sell crypto".
Check the details of the Sell crypto wallet and click on the "Sell Now" button.
Enter your personal details and click "Continue".
Continue with your bank details and click on "Continue" button.
10. Once you complete your transfer click on I have paid
The process of sell crypto is completed.
Scroll down and check your transaction.
Which providers do you support for On-Ramp and Off-Ramp services?
We currently support only transak for its excellent support and service in more than 150 countries and 75+ blockchains.
We are in the process of adding some more vendors in future for more options to our customers.
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