Product Updates | February 2024

Highlights of this month:

• Launching an industry-first document-free verification system
• Introducing Apple Social Login for simplified user access
• Enabling seamless on-ramp for $SWEAT

Dive in to learn more!

Launching document-free verification in Brazil

In a groundbreaking move for the crypto industry, we are excited to introduce an industry-first, document-free verification system. Document-free verification sets a new standard for seamless digital transactions. Starting in Brazil, this innovative feature allows users to verify their identity using their CPF (Cadastro de Pessoas Físicas) number and a selfie, eliminating the need for traditional documentation. This significantly speeds up the onboarding process.

We chose to launch this feature in Brazil because of its rapid adoption of digital currencies and the integral role of CPF in Brazilians' daily lives. This ensures a smooth and frictionless integration into the user's purchasing experience, enhancing both security and convenience.

This feature represents a major leap forward in making crypto transactions more accessible and efficient. By leveraging local infrastructure for global innovation, we are dedicated to simplifying entry into Web3, ensuring a secure, yet incredibly smooth, verification process that takes seconds. Looking ahead, we plan to expand this document-free verification to other markets in 2024, reaffirming our commitment to effortless crypto access for all.

Streamlining access with Apple Social Login

Building on the momentum of our Google Social Login launch in November, we are now proud to introduce Apple Social Login as an additional option for an even smoother user experience. This new feature, complementing our existing Google and traditional email login options, offers users a swift and secure way to access our services.

With Apple Social Login, users can enjoy a login process that's twice as fast as email logins, and a signup process that's nearly three times quicker. This enhancement not only accelerates entry into the crypto space, but also provides our users with the flexibility to choose their preferred login method.

This addition underscores our commitment to enhancing user convenience and security, ensuring that every interaction with Ramp is as seamless and efficient as possible.

Ramp + Sweat Economy: seamless on-ramp for $SWEAT

We are thrilled to launch an on-ramp for $SWEAT, the innovative digital currency of the Sweat Economy, rewarding users for physical activity. Users can earn $SWEAT by staying active and then use their earnings in the Sweat marketplace or within the broader Web3 ecosystem.

This integration makes $SWEAT directly purchasable in over 150 countries through Ramp and our partners’ apps. Whether via bank transfers, credit/debit cards, Apple Pay, Google Pay, or Pix, we’re dedicated to simplifying crypto transactions with familiar payment options.

The $SWEAT on-ramp is a significant step towards connecting fitness enthusiasts with the digital world, offering a seamless transition from physical activity to digital rewards. It underscores our commitment to expanding our services and supporting the dynamic needs of our global user base.

What’s next 

As we move ahead, we’ll focus on forging new partnerships, further expanding our cryptoasset offering, and introducing new payout methods. Watch this space for upcoming enhancements designed to simplify users’ crypto journeys.

And that’s a wrap for February. Thanks for reading, and see you next month!

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