Ramp Network expands crypto services to all US states, connecting users to over 100 cryptocurrencies

From Investing.com
September 10, 2024 8:00 am:

U.K.-based Ramp Network expands crypto services to all 50 U.S. states and D.C., connecting users to over 100 cryptocurrencies with fast delivery and high transaction limits. CEO Szymon Sypniewicz emphasizes accessibility, with recent expansion opening doors to 100 million more Americans for easy onboarding and offboarding.

Ramp Network now includes 17 more states in its services, reaching over 100 million additional users across states like New York and Florida. Users can buy popular cryptocurrencies using bank cards and Apple Pay. CEO Sypniewicz highlights the U.S. as the company’s largest market, with plans to serve all Americans and onboard millions of new users.

Interest in crypto rises in the U.S., with 58% aware of Bitcoin and 15% considering acquiring crypto soon. Ramp’s expansion comes as more states regulate cryptocurrencies, leading to increased demand for simplified onboarding solutions. The company’s partnership with major crypto wallets and its document-free verification system in Brazil cater to growing crypto interest.

Ramp Network focuses on simplifying digital asset transactions through direct integration of crypto on-ramps and off-ramps into applications. The company’s expansion of support for local payment methods in countries like Argentina and India aims to make Web3 more accessible worldwide. Plans for wider rollout of document-free verification system in Brazil are in progress.

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