Ramp Network Expands Crypto Services to More US States

Coinspeaker
Ramp Network Expands Crypto Services to More US States

Ramp Network, a renowned crypto infrastructure firm, has expanded its services to 17 additional US states, strengthening its presence. Ramp Network lets users purchase crypto assets through convenient payment methods such as bank cards and Apple Pay.

This user-friendly approach enables customers to join Web3 with minimal friction. It also makes it easier for new users to participate in the burgeoning digital economy. Interestingly, the expansion ensures that Ramp Network’s platform is now available to residents in all 50 US states and the District of Columbia.

Meanwhile, Ramp Network now offers access to over 100 million potential users in key cities in states like New Jersey, Washington, Florida, and others. The newly added states will also make it easier for users to buy and sell cryptocurrencies. As revealed, the states will support purchases for popular cryptocurrencies, including Bitcoin BTC $56 676 24h volatility: -0.9% Market cap: $1.12 T Vol. 24h: $31.24 B , Ethereum ETH $2 330 24h volatility: -0.9% Market cap: $280.42 B Vol. 24h: $12.84 B , Solana SOL $131.6 24h volatility: -2.4% Market cap: $61.59 B Vol. 24h: $2.28 B , Polygon MATIC $0.37 24h volatility: -1.8% Market cap: $1.31 B Vol. 24h: $10.66 M , Tether USDT $1.00 24h volatility: 0.1% Market cap: $118.33 B Vol. 24h: $35.53 B , and many other cryptocurrencies.

However, the supported digital currencies vary from state to state, depending on the regulatory requirements for each state. By offering secure and compliant financial services, Ramp Network ensures that customers can trust its platform while navigating the complexities of cryptocurrency transactions.

Generally, Ramp Network is committed to providing its users with convenient financial services. The financial giant portrays itself as one of the key solutions providers catalyzing mainstream crypto adoption. Ramp Network has continued to evolve in an industry filled with many high-profile competitors.

Over the years, Ramp Network has inked key partnerships, including one with Trust Wallet, a decentralized crypto wallet provider.

A few months ago, the financial platform enhanced its crypto-to-fiat off-ramp with SEPA Instant bank transfers in Europe.

This is in addition to upscaling its Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) payout options to include over 35 local currencies. Meanwhile, this latest offering provides users a platform to sell their digital assets. Once sold, the amount will be added directly to their credit or debit cards.

However, due to regulatory boundaries, the service is available to some pre-selected countries, including Brazil, Malaysia, and Mexico. Ramp ordinarily offers up to 40 tokens on its platform and boasts an expansive reach that spans as far as 130 countries. This latest development is its approach to bolstering the cash-out process for its users across multiple jurisdictions where its offerings are accepted.

Equally, this new development marks a significant milestone for SEPA Instant as it offers its users real-time cross-border payouts. Apart from the expansion, this allows the platform to offer cost-effective financial services. This is in addition to ensuring that Ramp Network users conduct swift sales of almost any digital currency for EUR at some of the best rates in the industry.

Ramp Network Expands Crypto Services to More US States