This article introduces an important feature of the OneKey App - the On-Off-Ramp. It provides detailed steps to guide users on how to use fiat currency to purchase cryptocurrencies or sell their cryptocurrencies for fiat currency within the OneKey App. Thanks to our seamless integration with trusted exchange partners, acquiring and selling crypto is straightforward.
What is the On-Off-Ramp feature?
The On-Off-Ramp feature is designed to bridge the gap between traditional financial systems and the world of crypto assets. It enables users to purchase cryptocurrencies using fiat money (On-Ramp) and to sell their cryptocurrencies in exchange for fiat money (Off-Ramp). This functionality is crucial for users who want to enter or exit the cryptocurrency market without the need for multiple intermediaries or complex processes.
Prerequisite
- OneKey App Desktop downloaded and installed
Buy cryptos with Fiat (On-Ramp)
- Click "Buy" and search the cryptocurrency that you wish to buy.
- For example, $BTC.
- Choose your preferred payment method.
- Configure your trade and search for the best offers from various providers.
- Follow the on-screen instructions and you will be re-directed to the provider's interface to finalise the payment. (For example, Banxa)
Sell cryptos for Fiat (Off-Ramp)
- Click on "⋯" and choose "Cash out".
- Select the cryptocurrency that you wish to sell. For example, $USDC.
- Input the amount of cryptocurrency that you wish to sell. For example, 100 $USDC.
- Click "Sell USDC".
- You will be redirected to the provider's interface to proceed with the transaction.
- Click "Proceed Sell USDC."
- Fill in your email address to receive the verification code.
- Input the verification code to get passed to the next step.
- Check "Spam" if you don't receive the verification email.
- Choose your preferred payout method and fill in the required information to complete the transaction.