Off-ramp crypto refers to a platform that lets you convert digital assets into fiat currencies. If your business conducts transactions with cryptocurrencies, you can convert the crypto earnings into fiat currency, such as the U.S dollar and British pound, and receive it via bank transfer. Off-ramp crypto platforms bridge the gap between the digital currency and traditional banking industries.
First, you can sign up on B2BINPAY, complete the review, and follow the smooth onboarding process. Then, connect your digital wallet and choose the amount of tokens to convert and the fiat currency you want to get paid in. Enter and verify your bank account details, authorize the transaction, and you’ll receive the equivalent fiat currency in your bank account quickly.
An off-ramp platform lets users convert digital assets to fiat currency. An on-ramp platform does the reverse, i.e., allowing you to convert fiat currency into digital tokens.
B2BINPAY has partnered with compliant yet user-friendly know-your-customer (KYC) providers. These providers ensure a simple verification process for small transactions and a more rigorous yet fast vetting process for higher amounts. A smooth KYC process enables you to exchange cryptocurrency, such as Bitcoin and USDT, for fiat currency with little friction.