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How to sell crypto?
How to sell crypto? All you need to know as a liquidity provider and more!
What is Ramp Pools?
Ramp Pools is decentralized system allowing anyone with a supported bank account to sell ETH, DAI or USDC from an easy to use applet. It's a decentralized network of market makers offering crypto for sale. We do not intermediate in any trade; all the transactions are P2P. How it works? The buyers purchase crypto using an applet integrated into various sites, dApps and wallets - check the applet here You can think of Ramp Instant as of Local Ethereum, where all tra
What fees do you charge?
As a seller you don’t pay any fees. Fees charged in Ramp Instant are on the buyer - around 2.5% now.
How the base asset price is being determined?
The price is market driven and we get the base price feed from Coin Paprika. You can learn more about their price calculation algorithm here.
How is the payment for crypto-asset purchase being processed?
The payment is processed in local clearing system via an open banking API. Cross-border (SWIFT MT) payments are not supported. This means that with supported bank account (most UK banks and some EU banks right now) you are able to trade in GBP, and with EUR (SEPA) bank account you will be able to trade in EUR when we implement Euro-zone bank support.
How long does it take for the payment to settle?
For most of the banks we support today - less than 5 minutes, although actual processing time may vary depending on the banks involved in the process. We aim to keep the 5 minutes as a standard.
Which Ethereum wallets work with Ramp Pools?
We recommend using Metamask. Other wallets will be supported soon.