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GLOSSARY · BLOCKCHAIN & WEB3

On-ramp / Off-ramp

What fiat-to-crypto on-ramps and crypto-to-fiat off-ramps are, who operates them and what regulation requires of them in the EU.

WHAT IS IT? · FOR DUMMIES

On-ramp is the entry ramp from traditional money into crypto (pay by card or transfer and receive tokens); off-ramp is the exit (sell tokens and get euros in your bank). They are the doors between the two worlds — and where almost all the friction and almost all the compliance live.

WHAT IS IT? · PRO

Ramps are operated by exchanges, payment gateways and specialised providers that combine traditional payments, KYC/AML and liquidity. In the EU, exchanging crypto-assets for funds is a service inside the CASP perimeter (CASP license); a serious provider is recognised by its authorisation, not by its fee.

For a company that wants to accept crypto payments or pay salaries and suppliers mixing fiat and tokens, the design of the ramps (provider, costs, bank settlement, accounting) is 80% of the project — the terrain of our crypto payment gateway and our guide to accepting crypto payments.

01 / Key points

  • On-ramp: fiat to crypto; off-ramp: crypto to fiat
  • Operated by exchanges and gateways with KYC/AML
  • In the EU, exchanging crypto for funds is a CASP service
  • Ramp design is 80% of accepting crypto payments in a company

02 / Advantages

  • Make crypto usable for people who live in euros
  • Direct bank settlement for merchants
  • Compliance delegated to the authorised provider

03 / Disadvantages

  • Fees and spreads concentrated at the ramp
  • Unavoidable KYC friction at serious amounts
  • Provider risk: the ramp is one more third party