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On-Ramp
A service that converts traditional fiat currency to cryptocurrency for purchase.
Last Updated
2026-03-29
Related Concepts
What is On-Ramp?
An on-ramp converts traditional fiat money into cryptocurrency, acting as the primary gateway for newcomers entering the crypto ecosystem via bank transfers, credit cards, or other familiar payment methods.
How does On-Ramp work?
- User completes KYC verification on the platform.
- Selects the crypto to buy and the fiat amount to spend.
- Provides payment details (card or bank account).
- Platform processes payment and sends crypto to the user's wallet.
Why does On-Ramp matter?
On-ramps remove the technical barriers preventing everyday people from entering Web3. They enable the steady flow of capital into the ecosystem.
Key features of On-Ramp
- Converts fiat to digital assets
- Supports cards and bank transfers
- Requires KYC/AML compliance
- Delivers to custodial or non-custodial wallets
Examples of On-Ramp
Coinbase and Binance are the world's largest on-ramps. MoonPay and Transak offer "on-ramp as a service" embedded Buy Crypto buttons in DApps and wallets.