Off-Ramp (Fiat Off-Ramp)
A service that lets you convert cryptocurrency back into traditional money like USD or EUR.
Explained Simply
Off-ramps are the reverse of on-ramps — they let you sell crypto and withdraw to your bank account. Centralized exchanges are the most common off-ramps, allowing you to sell crypto for fiat and transfer to a bank via wire or ACH. Some services like MoonPay and peer-to-peer platforms offer alternative off-ramp options. Off-ramp considerations include fees, withdrawal limits, processing times, and tax implications of selling. KYC is required for most regulated off-ramps.
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This content is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified professional for advice specific to your situation.