• About
  • Contact Us
Sunday, August 14, 2022
Crypto Currency Financial
  • Home
  • Crypto News
  • Press Release
  • Blockchain
  • Cryptocurrency
  • NFT
  • Contact Us
No Result
View All Result
Crypto Currency Financial
No Result
View All Result
Home Press Release

CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network

Max Steven by Max Steven
August 21, 2021
in Press Release
406 4
0
CoinSwap Space first DEX to provide crypto purchases directly onto any non-custodial wallet via Ramp Network
564
SHARES
2.6k
VIEWS
Share on FacebookShare on Twitter

This new integration is the first of its kind and is one of the integral parts of strengthening the deflationary model of the native token CSS as a 1% transaction fee is used to fully purchase and burn the CSS. The Ramp integration means that CoinSwap Space can be considered the first ever DeFinTech platform in existence!

DUBAI, UAE –  20th of August, 2021 – CoinSwap Space, the decentralized exchange on the Binance Smart Chain, has announced an integration with Ramp that will simplify getting involved in DeFi. Ramp is a fiat onramp which does not require any proof of address to be uploaded by the customer. This partnership will allow users to purchase crypto through CoinSwap Space directly to their Metamask or many other wallets using a credit card or bank transfer. CoinSwap is the first DEX to implement these kind of crypto purchases directly onto non-custodial wallets via Ramp and the partnership demonstrates the exchange’s commitment to making DeFi accessible to the average retail investor. The partnership is the latest in a long line of tools that CoinSwap has released focusing on streamlining the DeFi processes.

CoinSwap Space is a suite of DeFi tools that allows its users to engage in a myriad of different DeFi functions through one easy to use protocol. With CoinSwap, users can add capital to liquidity pools, stake tokens, and yield farm all on one easy-to-use interface. Thanks to the efficiency of BSC, CoinSwap is able to deliver these processes with incredibly low transaction fees. Even relative to major DEXes on BSC, CoinSwap can deliver rock bottom fees, charging 20% less than BSC’s largest DEX, PancakeSwap.

CoinSwap is the first decentralized swap protocol to integrate a fiat onramp as part of its service. The innovative new integration with Ramp will allow CoinSwap swappers to transfer FIAT directly into crypto tokens without the need for going through a centralized exchange. Adapting to the decentralized world can be complex for new investors. Ramp provides simple access to DeFi even for those who are relatively unfamiliar with the processes associated with it.

Ramp will work as a widget built into the CoinSwap interface. The conversion of FIAT to crypto will be handled on the operator’s site, meaning that the transaction is conducted entirely by Ramp. However, it will all take place without the user ever needing to leave the CoinSwap App.

As a registered fiat onramp, Ramp will sometimes request users to complete KYC. The combination of a KYC service with a decentralized exchange is a brand new concept and will take some getting used to, especially for those investors who value the anonymity that crypto is known for. However, it is also an indication of a shift in philosophy that crypto and DeFi is currently undergoing.

The crypto sphere has long been something of a wild west. It was a place where people could move huge amounts of money completely anonymously and free from any kind of regulation. Although criminality within the crypto sphere is overstated by the media, there nevertheless existed a significant minority who would use crypto to disguise illegal activity.

As crypto becomes more mainstream and institutions start to become investors, it becomes necessary that there is a greater degree of transparency and legitimacy in the space. Integrations such as those between Ramp and CoinSwap are part of the future of crypto where the decentralizing power of blockchain is combined with transparency, making the space safe for investors, both large and small.

It is worth emphasizing that CoinSwap remains entirely decentralized and does not require any registration or KYC. It is only investors who wish to avail of Ramp’s onboarding process that must provide their identity information to Ramp.

CoinSwap is built on the idea of making DeFi accessible to everybody. Integration with Ramp removes a stumbling block and simplifies the process for even the most inexperienced investors. As DeFi becomes mainstream it is vital that the protocols are aimed towards the mainstream. The integration with Ramp positions CoinSwap Space to cater to a wave of new DeFi users that will enter into the space as crypto moves towards mass adoption.

About Ramp 

Ramp is one of the very first registered crypto asset businesses in the UK as well as the first crypto firm to receive an Open Banking registration in the European Union. Ramp builds legally compliant infrastructure that connects traditional banking infrastructure to the decentralized blockchain future.

Website | Twitter | Github | Telegram Group | Telegram Announcements

About CoinSwap Space

CoinSwap Space is a suite of DeFi services built on the Binance Smart Chain. It primarily features a decentralized exchange founded on the automated market maker model (AMM) that provides the lowest fees on BSC. CoinSwap users can earn the deflationary CSS token by staking and farming capital. Users also benefit from smart routing, guaranteeing maximum yields and the lowest slippage available.

Website | Twitter | Github | Telegram Group | Telegram Announcements

PR Contact:  [email protected]

Max Steven

Max Steven

Max has keen interest in what cryptocurrencies have to offer in regards to NGO’s, governments and the financial system.

Related Posts

BIB Meta and the Confidence of Web3 Innovation

BIB Meta and the Confidence of Web3 Innovation

August 13, 2022
WHAT IS VERSAILLES HEROES & HOW TO PLAY-TO-EARN?

WHAT IS VERSAILLES HEROES & HOW TO PLAY-TO-EARN?

August 6, 2022
Pando Asset Lists First Crypto ETP on SIX Swiss Exchange

Pando Asset Lists First Crypto ETP on SIX Swiss Exchange

August 3, 2022
BIB Exchange, The Revolutionary Force Towards Crypto Trading Opportunities

BIB Exchange, The Revolutionary Force Towards Crypto Trading Opportunities

July 29, 2022
New reserve cryptocurrency protocol, PLUTO launches on Waves Blockchain claiming to beat bear markets

New reserve cryptocurrency protocol, PLUTO launches on Waves Blockchain claiming to beat bear markets

July 22, 2022
FAMEEX Promises Considerate Approaches to Purse Regulatory Compliance and Protect the Interests of Traders

FAMEEX Promises Considerate Approaches to Purse Regulatory Compliance and Protect the Interests of Traders

July 20, 2022

Trending

BIB Meta and the Confidence of Web3 Innovation
Press Release

BIB Meta and the Confidence of Web3 Innovation

1 day ago
WHAT IS VERSAILLES HEROES & HOW TO PLAY-TO-EARN?
Press Release

WHAT IS VERSAILLES HEROES & HOW TO PLAY-TO-EARN?

1 week ago
Pando Asset Lists First Crypto ETP on SIX Swiss Exchange
Press Release

Pando Asset Lists First Crypto ETP on SIX Swiss Exchange

2 weeks ago
BIB Exchange, The Revolutionary Force Towards Crypto Trading Opportunities
Press Release

BIB Exchange, The Revolutionary Force Towards Crypto Trading Opportunities

2 weeks ago
New reserve cryptocurrency protocol, PLUTO launches on Waves Blockchain claiming to beat bear markets
Press Release

New reserve cryptocurrency protocol, PLUTO launches on Waves Blockchain claiming to beat bear markets

3 weeks ago

About

The cryptocurrencyfinancial publishes regular news, analysis and opinion pieces on the latest developments in this fast-moving space. We offer the latest crypto news, expert pricing analysis and insight on the latest ICO's.

Contact Us: [email protected]

Categories

  • AI Trading
  • Axia
  • Bitcoin
  • Blockchain
  • Blockchain News
  • Business
  • Crypto
  • Crypto News
  • Cryptocurrency
  • Cryptonews
  • Cryptos
  • Deepcoin
  • Gaming
  • Guest Post
  • ICO
  • Metaverse
  • News
  • NFT
  • Press Release
  • Technology
  • Tezro
  • Token
  • Trading
  • TRADING GUIDES
  • Wallets

Tags

2020 Announces Betting Bitcoin blockchain Brides cannabis Casino Casinos Colorado Content coronavirus Covid19 crypto Cryptocurrency Currency Deal financial foreign Gambling Games Gaming Group Launch Launches live marijuana market Online Partners Partnership Play pot Pragmatic Red reports revenue Simple Slot Slots Solutions Sports Supply unveils William
  • BIB Meta and the Confidence of Web3 Innovation
  • WHAT IS VERSAILLES HEROES & HOW TO PLAY-TO-EARN?
  • Pando Asset Lists First Crypto ETP on SIX Swiss Exchange
  • BIB Exchange, The Revolutionary Force Towards Crypto Trading Opportunities
  • New reserve cryptocurrency protocol, PLUTO launches on Waves Blockchain claiming to beat bear markets
  • About
  • Contact Us

Associated with Blockchain Press Media Network

No Result
View All Result
  • Home
  • Blockchain
  • Crypto
  • News
  • Press Release
  • Price Analysis

Associated with Blockchain Press Media Network

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)
    $47,760.000.100% 24H
    BITCOIN
    24H : 0.100%
    Volume : $25,691,746,641.00
    Marketcap : $902,767,395,534.00
  • ethereumEthereum(ETH)
    $3,750.30-0.42% 24H
    ETHEREUM
    24H : -0.42%
    Volume : $15,543,537,817.00
    Marketcap : $446,191,570,291.00
  • binancecoinBinance Coin(BNB)
    $523.71-0.25% 24H
    BINANCE COIN
    24H : -0.25%
    Volume : $1,715,282,504.00
    Marketcap : $88,112,540,019.00
  • tetherTether(USDT)
    $1.0000.050% 24H
    TETHER
    24H : 0.050%
    Volume : $52,703,800,023.00
    Marketcap : $78,519,198,598.00
  • solanaSolana(SOL)
    $175.020.210% 24H
    SOLANA
    24H : 0.210%
    Volume : $1,660,210,957.00
    Marketcap : $54,115,741,275.00