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Cryptocurrency On-Ramps and Off-Ramps, Explained

Published 08/18/2020, 03:36 PM
Updated 08/18/2020, 05:20 PM
Cryptocurrency On-Ramps and Off-Ramps, Explained

There’s no shortage of options for on-ramps and off-ramps, including some of the most well known names in the industry.

Starting with custodial exchanges, big-name companies such as Coinbase and Binance all offer purchases of cryptocurrency with a debit card, as well as a variety of options for moving fiat off-exchange. This can be ideal for those looking to get their hands on some assets to trade. However, there will generally be a commission paid when the client eventually does want to withdraw their assets. While this can be ideal for professional traders and larger players like institutions, it is less so for smaller traders or those who just want to hold. Instant exchanges such as Changelly fit their needs more effectively, as they generally provide a seamless exchange with a minimum number of steps: Users can simply choose a pair, get verified and receive coins directly to their personal wallets.

Learn more about Changelly

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