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November 3, 2022

Ramp Network integrates Fantom

Announcements

We’re delighted to announce that Ramp Network has integrated Fantom!

 

Ramp builds vital infrastructure connecting crypto to the global financial network. Serving over 160 countries and supporting 45+ digital assets, Ramp offers efficient fiat-to-crypto services, with crypto-to-fiat in beta testing and coming soon. Supporting the next wave of crypto users just got a bit easier.

 

Users onboarding to Fantom via Ramp can expect efficient and reliable transaction settlement. Since Ramp aggregates liquidity, transactions are fast, with minimal drop-out rates. Importantly, users can rest assured of their safety: international banking and finance authorities recognize Ramp Network as a compliant crypto asset business.

 

On all fronts, Ramp is built to be accessible. The dApp features a streamlined UI and accepts various payment options, including bank transfers, major credit cards, ApplePay, and more.

 

On the developer side, Fantom builders can connect to the Ramp SDK with just a few lines of code. Open banking and data technologies built into the Ramp dApp mean that KYC is mainly invisible to users, ensuring an overall seamless experience.

 

To learn more about including crypto-fiat services in your dApp, consult the extensive documentation on the Ramp website.

 

Ramp Network integration follows Fantom Foundation’s announcements about upgrades to the network and an ecosystem grants program. As Fantom positions itself for mass adoption, Ramp’s offerings will play a critical role in helping traditional Web 2.0 users navigate to the open world of Web3.

 

“We’re thrilled to partner with Fantom, one of the cornerstones of the crypto economy. This is a space in which there is huge potential for growth, but end-user pain points remain as an impediment. Ramp plays a pivotal role in reducing friction so that end users can move seamlessly between fiat and cryptocurrencies.” – Paulina Jóśków, Ramp Head of Partnerships

 

“Ramp offers a lot of utility to Fantom’s users that previously was not available. We are pleased that they have chosen to integrate their services with Fantom! ” – Michael Kong, Fantom CEO

About Ramp

Ramp is a financial technology company that builds payment rails connecting crypto to the global financial system. Through its core on-ramp and off-ramp products, Ramp provides businesses and individuals across 150+ countries with a streamlined and smooth experience in converting between cryptocurrencies and fiat currencies. Ramp is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more. Ramp Swaps Ltd is registered as a cryptoasset business by the UK Financial Conduct Authority. Ramp Swaps LLC is registered as a money services business with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network.

 

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About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in about 1 second and cost just a few cents. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use cases.

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  • Disclaimer: Fantom takes steps to ensure its own compliance with all relevant laws and regulations. Fantom is not responsible for the actions of its ecosystem partners. The above statement is for informational purposes only demonstrating adoption by Fantom’s ecosystem partners and does not amount to an endorsement by Fantom to transact on any ecosystem partner’s platform or service. Furthermore, it is not intended to include all material information regarding either the Fantom Network or its ecosystem partner’s platform and the risk factors associated with holding or transacting digital assets on either platform.

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