TL;DR
- Onramper launches “Offramper”: A new service to help users securely and seamlessly convert cryptocurrency holdings into fiat currency, integrating leading off-ramp providers for global coverage and competitive prices.
- Extensive support and smart routing: Offramper supports 46 fiat currencies, over 500 cryptocurrencies, and 39 payment methods across 200 countries, using smart routing to pair users with the best provider based on location and preferences.
- Integration with popular wallets: Offramper will be integrated into Cake Wallet and Bifrost Wallet, allowing users to convert crypto to fiat without leaving their preferred platforms, complementing Onramper’s existing on-ramp services.
Fiat-to-crypto payments aggregator Onramper has announced the launch of its new off-ramp service, aptly named “Offramper.” This innovative service aims to assist users in securely and seamlessly converting their cryptocurrency holdings into fiat currency.
Off-ramping is here!
Turn crypto into fiat in a few clicks.
Automatically get the best price on each transaction.
Off-ramp to PayPal, your card, or your bank account.
Available now in 200+ countries. pic.twitter.com/7MfmZXrqA7
— Onramper (@GetOnramper) September 9, 2024
By integrating leading off-ramp providers in a “single sweep,” Offramper offers global coverage, diverse payout methods, and competitive prices.
Key Features and Providers
Offramper is launching a robust network of off-ramp providers, including MoonPay, Alchemy Pay, Banxa, Onramp.Money, TransFi, Koywe, and Unlimit. This extensive network ensures that users have access to a wide range of options for converting their crypto assets.
Upon its launch, Offramper will support 46 fiat currencies and over 500 cryptocurrencies across 200 countries. Users will be able to off-ramp to 39 different payment methods, including credit cards, bank accounts, and PayPal.
The service utilizes smart routing to pair users with the optimal off-ramp provider based on their location and preferences, enhancing the overall user experience.
Benefits and Integration
Thijs Maas, CEO of Onramper, highlighted the benefits of the new service, stating, “Onramper reduces engineering overhead while increasing conversion and reducing end-user fees with smart routing. Our new off-ramp stack is built on those same principles.”
In addition to its broad coverage and diverse payout methods, Offramper is set to be integrated into popular wallet providers such as Cake Wallet and Bifrost Wallet. This integration will allow users of these wallets to easily convert their crypto holdings into fiat currency without leaving their preferred platforms.
Onramper’s Existing Services
Netherlands-based Onramper is already well-known for its on-ramp service, which allows users to buy more than 2000 digital assets in over 190 countries using over 130 payment methods in 120 currencies.
The introduction of Offramper complements Onramper’s existing services, providing a comprehensive solution for both entering and exiting the cryptocurrency market.
With the launch of Offramper, Onramper continues to innovate in the crypto payments space, offering users a secure, seamless, and efficient way to convert their crypto assets into fiat currency. This new service is poised to make a significant impact on the ease and accessibility of crypto-to-fiat conversions worldwide.
