Ramp crypto
Author: m | 2025-04-23
What happens when I purchase crypto via Ramp? I own and am ultimately responsible for safeguarding my cryptoassets, Ramp only facilitates the purchase. Ramp is accountable for safeguarding my crypto wallet. My crypto is owned by Ramp until I decide to transfer it out. Ramp manages my crypto for me.
Crypto On-Ramps and Off-Ramps: Key to Fiat-Crypto
It is relatively easy to purchase Shiba Inu by finding an international crypto exchange that accepts Canadian customers. Residents can also work with a Canadian crypto exchange.P2P platforms: The platforms bring together individual crypto traders and customers. Individual sellers will list their offers, and the buyer can choose the best offer to buy the Shiba Inu coin.Fiat-to-crypto vendors: Also known as on-ramp companies, the platforms facilitate seamless and fast purchases of crypto assets using fiat currencies. Consequently, off-ramp solutions can allow holders to sell Shiba Inu Coin. Changelly works with some of the biggest on-ramp and off-ramp solutions for fast and secure transactions.Work with a secure and trusted platform with a history of successful transactions and positive customer ratings.Is the Shiba Inu coin available in Canada?Yes. Canadian residents can purchase Shiba Inu with no restrictions whatsoever. Shiba Inu can be used for digital payments, even though it’s not regarded as a legal tender. The Canadian government has been largely progressive regarding cryptocurrencies and was among the first in 2014 to introduce legislation governing crypto assets.HideRelated articles about SHIBA INUNot ready to buy yet?Subscribe to our newsletter to get the latest crypto insights and price updates.
Wyre CheckoutHow to Choose a Crypto On-ramp
Many popular crypto wallets, decentralized exchanges (DEXs), and DeFi platforms operate on a marketplace model where users can choose from various on- and off-ramp providers. This model has spread throughout the crypto ecosystem over the last few years and has increasingly become seen as the best way to meet user needs. But while I think a marketplace model has served its purpose in bringing cost down, I now believe it’s holding the industry back. Let’s first look at how these marketplaces operate. Almost all marketplaces look to provide their customers with the cheapest way to buy crypto. To achieve this, ramp providers are usually ranked in order of cheapest first. This may either be presented simply as a list sorted by price, or (in some cases with a stronger nudge) by attaching a “Preferred” label. This structure was a crucial stepping stone for the industry over the past three years. Prices were high and competition was needed. While I’d argue that it isn’t difficult to establish the cost basis for any ramp provider (e.g. credit cards are mostly a combination of interchange fee, acquirer fee, fraud losses and one-time KYC costs), competition in a marketplace is a proven price discovery mechanism, and it worked like a charm. Price over qualityUnfortunately, helping customers uncover the cheapest provider for every transaction comes at cost. A tradeoff occurs in which price is prioritized at the expense of quality.Over the last 12 months, for example, ramps have started to exploit ranking mechanisms for theirUnderstanding Crypto On- and Off-Ramps Simply
IPhone Screenshots The 1inch Wallet is a multichain non-custodial DeFi crypto wallet with an easy interface for secure storage and transactions.The 1inch Wallet is a fast and secure non-custodial DeFi crypto wallet. Use the app to store, send, receive crypto on Ethereum, BNB Chain, Polygon, Optimistic Ethereum (OΞ), Arbitrum, Gnosis Chain, Avalanche, Fantom, Aurora and Klayton in a protected and efficient way. The wallet supports hundreds of tokens across all of these networks, including ETH, BNB, MATIC, AVAX, DAI, USDT, USDC.User-friendliness:Full iOS 16 compatibility.EIP-1559 support.Custom token support - search for tokens or add them manually.Integrated fiat-on ramp - easily buy crypto with fiat.Full NFT Domains support - ENS and UD.Versatility:Convenient import of popular crypto wallets by private key & seed phrase scanning with the phone camera directly in the app.Web3 browser - allowing in-app access to any content on the web.Full-featured WalletConnect integration - connect the 1inch Wallet to dApp in any browser on any device.HD Wallets - the 1inch Wallet supports BIP-44, Ledger Live and custom derivation paths.News - keep up with the latest news in the crypto world.Top level security:Protection from front-running and "sandwich attacks".iCloud backup.Apple Secure Enclave support.Biometric authentication.Passcode lock.Advanced crypto features:Convenient transaction approval on any device, including Apple Watch, without having to log in every time.Support for EIP-681 payment requests, which enables users to pay by URLs.Ability to cancel sent transactions or adjust gas prices to speed up the execution of transactions.Instant approval and signing of transactions, regardless of their size.Advanced transaction management - send raw hex data and set up a gas limit.Flashbot transaction support.Download the 1inch Wallet to enjoy convenient and efficient DeFi operations!Come say hello! Twitter: Telegram: Facebook: Discord: What’s New Mar 12, 2025Version 3.5.0 - Meet transaction templates: Save your frequent transactions as templates and execute them in just a few clicks.- Linea support added: Enjoy fast, secure, and cost-efficient transactions on this L2 network.- Auto-detection of tokens: Tokens with a balance are now detected automatically, making it easier to review and add them to your wallet — no more manual search needed. Ratings and Reviews Great alt to MM with a. What happens when I purchase crypto via Ramp? I own and am ultimately responsible for safeguarding my cryptoassets, Ramp only facilitates the purchase. Ramp is accountable for safeguarding my crypto wallet. My crypto is owned by Ramp until I decide to transfer it out. Ramp manages my crypto for me.Cheapest Way To On-Ramp Your Crypto
Long or short. In spot trading, you cannot go short, but with our model, you can. Whatever your profit or loss, you can withdraw it back to your bank account.This makes the trading process extremely smooth. Prices are aligned with international markets, minimizing slippage. Additionally, our platform complies with current Indian regulations, so traders don’t have to worry about regulatory issues.Kshitij Anand: Definitely, and it is a great initiative. I am sure investors are also taking advantage of it. We will dig deeper into this thought. Let me also get your view on another aspect: Pi42 allows crypto futures trading directly in INR, eliminating the need for stablecoins like USDT. What gaps in traditional crypto trading did you aim to bridge with this model?Avinash Shekhar: As we discussed, over the last few years, the on-ramp and off-ramp process—where you deposit INR, convert it into a crypto asset like USDT, BTC, or Ethereum, and then withdraw that crypto—has become increasingly complicated. Most major exchanges make it very difficult to withdraw crypto, effectively locking users within their systems.This has led to inefficiencies in the spot markets. Low liquidity makes the market inefficient, increasing the spread—the difference between the best buy and sell prices. In some cases, I have seen spreads as high as 1% or 2%, or even more. Trading on the spot market has become challenging due to low liquidity and complicated taxation.Our model simplifies the process. You deposit INR from your bank account, complete KYC, go long or short on futures, and withdraw profits or losses back into your bank account in INR. This makes the process very smooth. Prices are more or less aligned with international markets, minimizing slippage. It also complies with existing Indian regulations, so traders don’t have to worry about compliance issues.Kshitij Anand: Let me alsoTransak vs Moonpay: Battle Of The Crypto On-Ramps
Other coin, and then withdraw the money in INR. This makes the whole process very smooth for the customer.That's why we launched INR Futures. Additionally, from a taxation perspective, the regulations like 1% TDS and the disallowance of setting off losses are not applicable to derivatives. So, on one hand, you simplify the trading process, allowing customers to focus on trading rather than managing complicated administrative tasks. On the other hand, it becomes more tax-efficient.We have received a good response from customers—they really like this product.Kshitij Anand: Definitely, and it's a great initiative. I'm sure investors are also taking advantage of it. We’ll dig deeper into this topic. I also wanted to get your view on another aspect—Pi42 allows crypto futures trading directly in INR, as we discussed, which eliminates the need for stablecoins like USDT. But what gaps in traditional crypto trading did you seek to bridge with this model?Avinash Shekhar: As we discussed, over the last few years, the process known as on-ramp and off-ramp—which means depositing INR, converting it into a cryptocurrency like USDT, BTC, or Ethereum, and then withdrawing that crypto—has become increasingly difficult. Most of the larger exchanges have made it very challenging to withdraw crypto, forcing users to remain within their ecosystem.As a result, spot markets have become inefficient. With lower liquidity, the market becomes inefficient, and the spread—the difference between the best buy and sell prices—widens. In some cases, the spread in spot markets can be 1%, 2%, or even more. This makes it more challenging to trade on the spot market due to low liquidity and taxation.We address these challenges by making the process smoother, ensuring very low spreads, providing tax benefits, and eliminating lengthy administrative processes. You simply deposit INR from your bank account, complete the KYC process, and then goTap, the all-in-one crypto app launches crypto on-and-off ramp in
Benefit: Funny business. We’ve noticed that many providers are consistently misquoting and hiding fees in areas not part of the marketplace’s price discovery mechanism. Customers see a price upfront, but then get requoted a significantly higher price further down the line. Cheap customers. Some providers like Revolut are quoting transactions at a loss. This would make sense if they see the ramps product as a cheap acquisition channel for upselling other services, including crypto trading, to customers. Is this in the best interest of the platform or the customer?Price goes up, price goes down. The current price-based model means if a ramp drops their price, they win more customers and their transaction volume goes up. We’ve observed ramps exploiting this to prop up volumes before investor calls or in the run-up to a fundraising event.None of the above puts the customer first. Instead, the customer is being shoved around by ramp providers acting in their own best interest. While the broader crypto ecosystem can sometimes be guilty of this, the marketplace model seems to exacerbate the problem. Furthermore, customers have to KYC and get through fraud/onboarding controls every time they choose a new provider.Anyone that’s ever been through KYC knows that it’s a painful process (not to mention it kills conversions). Asking customers to go through this process multiple times is akin to asking them to open a bank account every time they want to make a payment. I don’t know about you, but that sent a shiver down my. What happens when I purchase crypto via Ramp? I own and am ultimately responsible for safeguarding my cryptoassets, Ramp only facilitates the purchase. Ramp is accountable for safeguarding my crypto wallet. My crypto is owned by Ramp until I decide to transfer it out. Ramp manages my crypto for me. Crypto on-ramp/off-ramp integrations on software or hardware wallets. Another common way to buy or sell crypto without a CEX is using an on-ramp or an off-ramp solution provided within a selfComments
It is relatively easy to purchase Shiba Inu by finding an international crypto exchange that accepts Canadian customers. Residents can also work with a Canadian crypto exchange.P2P platforms: The platforms bring together individual crypto traders and customers. Individual sellers will list their offers, and the buyer can choose the best offer to buy the Shiba Inu coin.Fiat-to-crypto vendors: Also known as on-ramp companies, the platforms facilitate seamless and fast purchases of crypto assets using fiat currencies. Consequently, off-ramp solutions can allow holders to sell Shiba Inu Coin. Changelly works with some of the biggest on-ramp and off-ramp solutions for fast and secure transactions.Work with a secure and trusted platform with a history of successful transactions and positive customer ratings.Is the Shiba Inu coin available in Canada?Yes. Canadian residents can purchase Shiba Inu with no restrictions whatsoever. Shiba Inu can be used for digital payments, even though it’s not regarded as a legal tender. The Canadian government has been largely progressive regarding cryptocurrencies and was among the first in 2014 to introduce legislation governing crypto assets.HideRelated articles about SHIBA INUNot ready to buy yet?Subscribe to our newsletter to get the latest crypto insights and price updates.
2025-04-22Many popular crypto wallets, decentralized exchanges (DEXs), and DeFi platforms operate on a marketplace model where users can choose from various on- and off-ramp providers. This model has spread throughout the crypto ecosystem over the last few years and has increasingly become seen as the best way to meet user needs. But while I think a marketplace model has served its purpose in bringing cost down, I now believe it’s holding the industry back. Let’s first look at how these marketplaces operate. Almost all marketplaces look to provide their customers with the cheapest way to buy crypto. To achieve this, ramp providers are usually ranked in order of cheapest first. This may either be presented simply as a list sorted by price, or (in some cases with a stronger nudge) by attaching a “Preferred” label. This structure was a crucial stepping stone for the industry over the past three years. Prices were high and competition was needed. While I’d argue that it isn’t difficult to establish the cost basis for any ramp provider (e.g. credit cards are mostly a combination of interchange fee, acquirer fee, fraud losses and one-time KYC costs), competition in a marketplace is a proven price discovery mechanism, and it worked like a charm. Price over qualityUnfortunately, helping customers uncover the cheapest provider for every transaction comes at cost. A tradeoff occurs in which price is prioritized at the expense of quality.Over the last 12 months, for example, ramps have started to exploit ranking mechanisms for their
2025-04-08Long or short. In spot trading, you cannot go short, but with our model, you can. Whatever your profit or loss, you can withdraw it back to your bank account.This makes the trading process extremely smooth. Prices are aligned with international markets, minimizing slippage. Additionally, our platform complies with current Indian regulations, so traders don’t have to worry about regulatory issues.Kshitij Anand: Definitely, and it is a great initiative. I am sure investors are also taking advantage of it. We will dig deeper into this thought. Let me also get your view on another aspect: Pi42 allows crypto futures trading directly in INR, eliminating the need for stablecoins like USDT. What gaps in traditional crypto trading did you aim to bridge with this model?Avinash Shekhar: As we discussed, over the last few years, the on-ramp and off-ramp process—where you deposit INR, convert it into a crypto asset like USDT, BTC, or Ethereum, and then withdraw that crypto—has become increasingly complicated. Most major exchanges make it very difficult to withdraw crypto, effectively locking users within their systems.This has led to inefficiencies in the spot markets. Low liquidity makes the market inefficient, increasing the spread—the difference between the best buy and sell prices. In some cases, I have seen spreads as high as 1% or 2%, or even more. Trading on the spot market has become challenging due to low liquidity and complicated taxation.Our model simplifies the process. You deposit INR from your bank account, complete KYC, go long or short on futures, and withdraw profits or losses back into your bank account in INR. This makes the process very smooth. Prices are more or less aligned with international markets, minimizing slippage. It also complies with existing Indian regulations, so traders don’t have to worry about compliance issues.Kshitij Anand: Let me also
2025-04-04Other coin, and then withdraw the money in INR. This makes the whole process very smooth for the customer.That's why we launched INR Futures. Additionally, from a taxation perspective, the regulations like 1% TDS and the disallowance of setting off losses are not applicable to derivatives. So, on one hand, you simplify the trading process, allowing customers to focus on trading rather than managing complicated administrative tasks. On the other hand, it becomes more tax-efficient.We have received a good response from customers—they really like this product.Kshitij Anand: Definitely, and it's a great initiative. I'm sure investors are also taking advantage of it. We’ll dig deeper into this topic. I also wanted to get your view on another aspect—Pi42 allows crypto futures trading directly in INR, as we discussed, which eliminates the need for stablecoins like USDT. But what gaps in traditional crypto trading did you seek to bridge with this model?Avinash Shekhar: As we discussed, over the last few years, the process known as on-ramp and off-ramp—which means depositing INR, converting it into a cryptocurrency like USDT, BTC, or Ethereum, and then withdrawing that crypto—has become increasingly difficult. Most of the larger exchanges have made it very challenging to withdraw crypto, forcing users to remain within their ecosystem.As a result, spot markets have become inefficient. With lower liquidity, the market becomes inefficient, and the spread—the difference between the best buy and sell prices—widens. In some cases, the spread in spot markets can be 1%, 2%, or even more. This makes it more challenging to trade on the spot market due to low liquidity and taxation.We address these challenges by making the process smoother, ensuring very low spreads, providing tax benefits, and eliminating lengthy administrative processes. You simply deposit INR from your bank account, complete the KYC process, and then go
2025-04-03Card, here’s how to do it:Step 1: Pick a Crypto ExchangeSome of the best platforms that accept card payments include:Best Wallet – Non-custodial wallet with a built-in DEX and fiat on-ramp with no KYC requiredMEXC – Optional KYCOKX – Low feesStep 2: Sign Up & Verify Your AccountCreate an account by entering your email and setting a password.Complete KYC verification (upload an ID and proof of address). This is required by some platforms to prevent fraud.Step 3: Go to the “Buy Crypto” SectionLook for something like “Buy Crypto” or “Buy Bitcoin” in the menu.Select Bitcoin (BTC) as the cryptocurrency you want to buy.Step 4: Choose “Credit/Debit Card” as Your Payment MethodEnter your card details (Visa or Mastercard).Input the amount of Bitcoin you want to buy.For Best Wallet, you’ll also need to choose an on-ramp for fiat purchases since it’s a decentralized walletStep 5: Confirm Your PurchaseCheck the exchange rate, transaction fees, and final cost.Click “Confirm” to complete the transaction.Your bank may ask you for extra verification (like a one-time password).Step 6: Your Bitcoin is Ready!Once the payment is successful, the Bitcoin will appear in your exchange wallet.If you’re holding it long-term, transfer it to a personal wallet or a hardware wallet like a Ledger or Trezor for better security.PayPal and SkrillPurchasing Bitcoin via PayPal is very simple. The company has made it easier to buy Bitcoin on the platform, however, it initially didn’t support direct purchase of the king coin.How to Buy Bitcoin with PayPal?Buying Bitcoin with PayPal is simple, but availability depends on your country. To buy Bitcoin using PayPal, just follow the steps below:Buy Bitcoin On PayPal for Desktop UsersLog in to PayPal – Visit PayPal.com and sign in.Go to the Finances Section – Click “Finances.”Start Buying Crypto – Click “Buy.”Select Bitcoin (BTC) – Choose Bitcoin from the
2025-03-28Its day. But if one thing is for certain, it's that the crypto economy is able to not only withstand volatile conditions, but also to evolve through them.What will the future of cryptocurrency look like? (Image source)So what does the future hold for cryptocurrency? While no one can say for sure, there are a few possibilities:Increased regulationCrypto will be regulated. The European Union has already passed the markets in crypto assets (MiCA) regulation and there are a number of other countries that have passed laws governing crypto assets. The Biden administration has also put together a team to drive the crypto regulation process. Increased adoptionDespite the surge in popularity, we're still in the early adoption phase of crypto and it's still seen mostly as a vehicle for investment or storage of wealth. As time goes on, though, we could start to see increased adoption, both from individuals and business.Legal tenderAnother possibility is that certain countries may follow the lead of El Salvador, which introduced Bitcoin as legal tender in 2021.Cryptocurrency FAQs (Frequently Asked Questions)How to buy cryptocurrency?Buying crypto is as easy as making any other online purchase, though where and how you buy cryptocurrency will depend on the digital asset itself.If you're looking to buy cryptocurrency like Bitcoin or Ethereum using a card, the best option is an on-ramp provider like MoonPay.MoonPay allows you to use your fiat currency to buy crypto with a credit card or bank transfer. When you want to cash out, you can convert crypto to
2025-03-24