- Ramp Network expands its reach with new payouts in over 35 national currencies and introduces SEPA Instant bank transfers in Europe, enhancing crypto-to-fiat conversion options for users globally.
- Ramp Network, a financial technology company connecting crypto to the global financial system, is expanding its crypto-to-fiat off-ramp support to include SEPA Instant bank transfers in Europe.
- “At Ramp, we understand that many of our users still need to use traditional fiat currencies in their daily lives. That’s why we ensure seamless cashing out by allowing users to choose their preferred payment method and currency,” said Szymon Sypniewicz, CEO of Ramp Network.
Ramp Network introduces SEPA Instant bank transfers and expands payouts to over 35 national currencies, enhancing global crypto-to-fiat conversion options.
Ramp Network Expands Global Reach with SEPA Instant Transfers
Ramp Network, a prominent financial technology company, has announced the expansion of its crypto-to-fiat off-ramp services to include SEPA Instant bank transfers in Europe. This development aims to provide users with real-time cross-border payouts, enhancing the speed and efficiency of converting cryptocurrencies to fiat currencies. The integration of SEPA Instant transfers is expected to significantly benefit users by offering a cost-effective and swift method to sell cryptocurrencies for EUR at competitive rates.
Introduction of Payouts in Over 35 National Currencies
In addition to SEPA Instant transfers, Ramp Network is broadening its payout options to include over 35 local currencies. This strategic move will enable users to sell their cryptocurrencies and receive the equivalent amount directly on their credit and debit cards in supported countries. By incorporating currencies such as the Brazilian real, Mexican peso, and Malaysian ringgit, Ramp Network is facilitating a more inclusive and accessible crypto-to-fiat conversion process. This expansion allows users to avoid excessive exchange fees imposed by banks and ensures a seamless two-way path into the Web3 ecosystem.
Commitment to User-Centric Solutions
Ramp Network’s CEO, Szymon Sypniewicz, emphasized the company’s dedication to meeting the needs of its global user base. “At Ramp, we understand that many of our users still need to use traditional fiat currencies in their daily lives. That’s why we ensure seamless cashing out by allowing users to choose their preferred payment method and currency. Ramp’s off-ramp has long been the benchmark for coverage, transaction speed, and pricing in the market, and we’re committed to maintaining this standard by staying closely connected and relevant to our users’ needs all over the globe,” said Sypniewicz.
Conclusion
Ramp Network’s latest updates, including the introduction of SEPA Instant bank transfers and the expansion of payouts to over 35 national currencies, mark significant advancements in the crypto-to-fiat conversion landscape. By enhancing the speed, efficiency, and accessibility of its services, Ramp Network continues to solidify its position as a leader in the industry. These developments not only benefit users by providing more convenient and cost-effective options but also contribute to the broader adoption of digital assets in everyday financial transactions.
