Fiat On-Ramp

A fiat on-ramp refers to an exchange service or platform that enables the deposit and exchange or trading of fiat currency for digital assets such as cryptocurrencies, coins, and tokens. These on-ramps are software-based services offered by financial service providers with banking licenses, allowing them to operate lawfully within their respective jurisdictions. For many users, a fiat on-ramp serves as the initial step in exchanging or trading fiat currency for digital assets like bitcoin (BTC) and ether (ETH).