Ramp Network Expands Crypto Asset Purchases to All 50 U.S. States
Ramp Network, a U.K.-based crypto infrastructure firm, has broadened its services to support crypto asset purchases across all 50 U.S. states and the District of Columbia. This expansion allows users to buy and sell over 100 cryptocurrencies with fast delivery and high transaction limits. Previously available in 33 states and the District of Columbia, Ramp Network has now added 17 more states to its platform, opening up access to more than 100 million additional users.
Users in states such as New York, Florida, Louisiana, and Ohio can now utilize bank cards and Apple Pay to purchase popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin, among others. Szymon Sypniewicz, CEO and Co-Founder of Ramp Network, emphasized that the U.S. is the company’s largest market, and this expansion will enable hundreds of partners to onboard over 100 million people in the newly accessible states.
As interest in crypto in the U.S. continues to grow, the demand for simplified onboarding solutions like Ramp’s is expected to increase. A report from Coinbase revealed that 58% of Americans are aware of Bitcoin, and 15% are considering acquiring crypto in the near future. With more states regulating cryptocurrencies, the need for user-friendly platforms for crypto transactions is on the rise.
Ramp Network, which collaborates with major crypto wallets such as MetaMask, Trust Wallet, and Exodus, serves more than 150 countries and regions and supports purchases in 42 fiat currencies. The company’s recent launch of a document-free verification system in Brazil aims to expedite crypto purchases, with plans for a wider rollout in the future. Moreover, Ramp is focused on simplifying digital asset transactions by integrating crypto on-ramps and off-ramps directly into applications, as well as expanding support for local payment methods in various countries.
In conclusion, Ramp Network’s expansion to all 50 U.S. states offers a significant opportunity for Americans to easily access and engage with cryptocurrencies. As the crypto market continues to gain traction, platforms like Ramp’s play a crucial role in simplifying the onboarding process for users and facilitating the adoption of digital assets. With the increasing interest in Bitcoin and other cryptocurrencies, the accessibility provided by Ramp Network’s services can have a positive impact on individuals looking to explore the world of crypto investments.