How to embed off-ramp crypto features with a single API?
How to embed off-ramp crypto features with a single API?
- Striga
- 6 min read
Table of Contents
Crypto companies and Fintechs can transfer value between the crypto space and the fiat realm. Companies need ramps to connect the estate financial system to the crypto world. Crypto off-ramp remains essential today as it is a new way to unlock new revenue streams.
Off-ramping from crypto: Let your users sell crypto easily
Crypto off-ramp through a crypto exchange
As with on-ramping, crypto exchanges provide a way for converting crypto back into fiat.
Before your retail users start that process, they will need to check that the exchange supports conversions into EUR currency. Once they’ve established this, they can simply sell a given amount of crypto and have the EUR equivalent paid onto their EUR account – companies can markup the fees and add their business model easily from the sandbox.
Crypto off-ramp through crypto wallets app
Crypto can today offer various accounts to their users including crypto and EUR accounts. Each user can easily exchange their cryptocurrencies with EUR accounts. All these transactions can be achieved using a simple set of APIs.
Crypto off-Ramp through a crypto debit card
Crypto cards, powered by Striga, unite the utility of traditional fiat currency with the possibility to link it to crypto accounts, and process payments instantly – a crypto debit card. So instead of combing through vendors to find one who accepts crypto, or spending two days checking the bank to see if the exchange funds came through, users can simply load their card and start paying.
Accept crypto payments with Striga's APIs
Marketplaces, NFT Marketplaces, or even DeFi projects can benefit from the crypto off-ramp APIs. How? When it comes to cash-out, companies can add a new payment layer where users can choose the crypto that they want to sell, easily cash out their digital assets and convert them into EUR.
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