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Ramp partners with 1inch to elevate crypto accessibility

Nick Marchenko
on
21.8.2024
Reading time:
3 minutes

We're excited to announce our partnership with 1inch, a leading DeFi project empowering Web3 users with technological innovations. This collaboration introduces Ramp as an on-ramp option within the 1inch Wallet, further bridging the gap between traditional finance and decentralized markets.

Last edited on
August 21, 2024

Why 1inch stands out in the DeFi space

Since its inception in 2019, 1inch has evolved into one of the most prominent DEX aggregators. This capability not only optimizes trading by reducing slippage but also ensures users have more choices to enhance their trading decisions. The launch of the 1inch Wallet for iOS in 2021 and Android in 2022 marked a significant milestone, enhancing user interaction with decentralized applications (dApps) through a non-custodial wallet that supports a wide array of cryptocurrencies.

Ramp's integration into 1inch wallet

Ramp’s integration into the 1inch Wallet as a fiat-to-crypto gateway exemplifies our commitment to providing accessible, secure, and comprehensive cryptoasset on-ramp services. Users from over 150 countries can now purchase cryptocurrencies directly through the 1inch Wallet using Ramp, with the support of 40+ local currencies and multiple payment methods including credit & debit cards, bank transfers, Google Pay, Apple Pay, Pix, and more. This integration not only streamlines the process of acquiring digital assets but also enhances the overall user experience by providing a variety of payment options to meet diverse user needs. Ramp is not currently accessible via 1inch Wallet for users based in the UK.

Future collaborations and expansion

Looking ahead, our collaboration with 1inch is set to grow even deeper. We are excited to announce that support for the 1INCH token itself is on the horizon, which will allow users to directly interact with the core of the 1inch ecosystem. The 1INCH token is a critical element of the platform, facilitating not only transactional utility but also governance functions that empower users to shape the future development of the network.

How to buy crypto in 1inch Wallet via Ramp

Step 1

Open the 1INCH Wallet mobile app and tap the "Buy crypto" button.

Step 2

Select the cryptocurrency you wish to purchase.

Step 3

Enter the amount, then choose Ramp as your payment provider.

Step 4

Complete your payment through Ramp; your crypto will typically arrive in your wallet in under a minute.

Working towards a more accessible crypto economy

Our ongoing partnership with 1inch is more than just a technical integration, it's a shared vision to democratize access to the crypto economy, making it more intuitive and accessible to everyone. By combining 1inch’s innovative DeFi solutions with Ramp’s seamless on-ramp infrastructure, we are setting new standards in the blockchain space, ensuring that everyone, from crypto novices to seasoned traders, can experience the full potential of decentralized finance.

Stay tuned for more updates as we continue to expand our services and enhance our offerings, making Ramp and 1inch your preferred gateways to the world of cryptocurrency.

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Nick Marchenko

Product Marketing Manager

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