Onramper Launches New Off-Ramp Service

Fiat-to-crypto payments aggregator Onramper has launched an off-ramp service designed to help users convert their crypto holdings into fiat currency securely and effortlessly.

The service, named “Offramper,” consolidates leading off-ramp providers into a single platform for better user experience, as stated in Onramper’s press release. It offers global coverage, diverse payout methods, and competitive pricing.

The platform launches with an array of off-ramp providers, including MoonPay, Alchemy Pay, Banxa, Onramp.Money, TransFi, Koywe, and Unlimit.

Upon launching, Offramper will support 46 fiat currencies and over 500 cryptocurrencies across 200 countries, allowing users to cash out through 39 payment methods, including credit cards, bank accounts, and PayPal. The service uses smart routing technology to match users with optimal off-ramp providers based on their location and preferences.

Thijs Maas, CEO of Onramper, stated, “Onramper reduces engineering overhead, while increasing conversion and reducing end-user fees with smart routing. Our new off-ramp stack is built on those same principles.”

Wallet providers Cake Wallet and Bifrost Wallet are set to integrate Offramper for their users, according to the press release.

Onramper, based in the Netherlands, also offers an on-ramp service that allows clients to buy over 2000 digital assets in more than 190 countries using over 130 payment methods in 120 currencies.