Revolutionizing crypto purchases: Ramp unveils document-free verification

Today marks a significant milestone in our quest to constantly improve the crypto purchasing experience for our users. Our innovative feature gives users the option to further simplify the onboarding process, allowing users to quickly verify their identity without the need for traditional documentation, a truly seamless onboarding experience.

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Gone are the days of cumbersome verification processes, Brazilian users can now verify their identity in mere seconds by simply providing their CPF (Cadastro de Pessoas Físicas) also known as tax ID. Users can enjoy a faster, frictionless path to owning crypto. This not only speeds up the transaction process, but also enhances security and compliance, setting a new standard for ease of use in the crypto space.

Why Brazil? A strategic launchpad

We have chosen Brazil as the launchpad for this groundbreaking advanced verification process because of the widespread adoption of crypto in Brazil and the exponential increase of people using digital currencies in the country. In addition, Brazilians use CPF  as part of their everyday lives, meaning the adoption of CPF as an alternative verification method is something that will slot seamlessly into the buying experience for Brazilian users.

Brazilian users now only need their CPF number and a selfie for swift verification. This additional feature is part of our commitment at Ramp to leverage local infrastructure for global innovation whilst finding innovative ways to seamlessly onboard millions into Web3.

Our vision is effortless crypto for all

At Ramp we are dedicated to making the entry into web3 not just secure but incredibly smooth. By reducing the verification process from minutes to seconds, and removing the need for physical documents we are paving the way for effortless crypto transactions.

Brazil is just the starting point, we plan to extend document-free verification into other markets throughout 2024. Our work in Brazil is a great example of how we think global but act local. The introduction of document-free verification represents a significant milestone in the journey towards a more accessible and efficient digital economy. By prioritizing user experience and security, We are not just simplifying crypto purchases but also shaping the future of how we interact with digital assets.