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"GRVT Integrates Onramper: Seamless Crypto-Fiat Exchange Deposits"

Coin WorldThursday, Feb 13, 2025 10:52 am ET

1min read

Hybrid crypto exchange GRVT has integrated Onramper, a service that enables direct crypto-fiat exchange deposits. This integration allows GRVT users to deposit funds quickly and securely using a variety of fiat payment options. Onramper integrates over 20 well-known onramps into its platform, making it simple for users to buy digital assets with fiat money.

One of the biggest challenges web3 users face is getting money on-chain. Onramper was created to address this issue, and its integration with GRVT enables users to move funds onto the platform more confidently, allowing them to start trading more quickly. Leading cryptocurrency businesses, including DeFi protocols, centralized exchanges, and wallets, rely on Onramper's services.

Onramper's intuitive interface displays the best pricing, payment options, and onramp combinations. After paying Onramper with fiat money, users receive the corresponding amount in cryptocurrency, such as USDT, to the wallet address of their choice. Onramper acts as an extra layer between the destination of the obtained cryptocurrency funds and the fiat onramp, allowing users to request that assets be sent to their GRVT account rather than making a purchase directly to their wallet.

Following GRVT's integration of Onramper, users can use the XY Bridge to have funds transferred directly to their exchange account. Onramper supports various web3-friendly fiat gateways, such as Binance P2P, Coinify, Moonpay, and Revolut. GRVT accepts cryptocurrency deposits from the Ethereum and Arbitrum networks, with Arbitrum deposits rooted by XY Bridge in about five minutes.

The integration of Onramper provides a way to use this route even if users don't have cryptocurrency in a compatible wallet. Instead, they can pay with a credit or debit card using one of Onramper's supported onramps before the USDT conversion. GRVT's integration of Onramper is part of a larger goal to streamline onboarding to its hybrid exchange, making it easier for new users to sign up and for current users to explore its expanding range of markets.

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