What is the difference between a 'off-ramp' and an 'on-ramp' process?

An intuitive and straightforward on-ramp process is essential for crypto adoption to continue. By contrast, an "off-ramp" is a process and service that allows for the exchange of cryptocurrencies for fiat.

What is on ramping & off-ramping?

The process of transferring money between crypto and fiat is known as “on-ramping” and “off-ramping”. — This is because the transition from fiat into crypto – and vice versa – is essentially moving value between two totally separate monetary systems, with different rules and dynamics, and entry requirements.

What is the difference between ramping and off-ramping?

On-ramping sees you leave the traditional monetary system, and enter into the decentralized, blockchain ecosystem instead. Conversely, off-ramping is when you “cash out” of crypto, converting your coins or tokens back into fiat money, or sometimes goods and services. We’ll come back to that. Before we begin, let’s dispel one big myth…