Ramp Network (RAMP) - a fintech company bridging the gap between the crypto economy and the fiat financial system, has just added TON as a new asset for its service.
Ramp Network provides a powerful fiat cryptocurrency toolkit that allows anyone, from well-known brands to blockchain pioneers, to easily connect millions of users to Web3.
The project supports more than 40 fiat currencies, 90 cryptocurrencies, is available from more than 150 countries, and has attracted over $130 million in funding.
RAMP simplifies the purchase of Toncoin using a cryptocurrency-to-fiat exchange mechanism. As such, Telegram messenger users will be able to buy TON straight from the app, without transferring bank data to third-party applications.
The service supports popular payment methods, including credit and debit cards, bank transfers, Apple Pay, Google Pay and, most recently, PIX, a popular digital payment method used by about 70% of people in Brazil.
We’re thrilled to team up with TON and open up the doors to Web3 for hundreds of millions of Telegram users. By allowing users globally to purchase TON using their local currencies and preferred payment method, we’re working with TON on a joint mission to build a decentralized future for everyone”, said Szymon Sypniewicz, CEO at Ramp.
Providing a seamless registration process and a wide array of options is crucial to accelerating the mass adoption of Web3 technology for new users.
The on-ramp solution will play a key role in transitioning 800 million monthly active Telegram users to TON.
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