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What are off ramps in crypto?
What are off ramps in crypto?
Updated over 6 months ago

Off ramps in the cryptocurrency world are services that allow users to convert their cryptocurrency holdings into fiat currency (such as USD, EUR, or JPY) or other traditional assets. This enables users to "cash out" their digital assets and withdraw the funds to their bank accounts or other financial institutions.

Off ramps facilitate the exchange of cryptocurrencies like Bitcoin, Ethereum, or USDT for fiat, which can then be used for everyday expenses, business transactions, or simply accessing profits. These services make it easy to transfer converted fiat currency directly to a user's bank account for use in the traditional financial system.

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