What is a crypto off-ramp? How crypto is turned back into cash
By SendPay Business · · 2 min read
A crypto off-ramp is a service that turns crypto back into ordinary money, such as pounds, euros or dollars, and lets you move it to a bank account or card. It is the opposite of an on-ramp, where you buy crypto with cash.
How an off-ramp works
- You sell crypto on an exchange or app for a currency such as GBP.
- The cash lands in your account balance with that provider.
- You withdraw it to your bank account or spend it by card.
- The provider records the sale for its anti-money-laundering checks.
Checks and limits
Regulated off-ramps must verify who you are before paying out, and they may ask where the crypto came from for larger amounts. Banks can also ask questions about incoming money from crypto platforms.
Fees to expect
Off-ramps usually charge a trading fee or a spread on the sale, and sometimes a withdrawal fee. Comparing the amount of cash you actually receive is the simplest way to compare providers.
Where SendPay fits
A SendPay crypto platform lets your customers buy, sell and hold crypto next to GBP, EUR and USD balances, so cash in and cash out happen in one account. Assets are held with regulated partners, and you set the trading fee.
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Create your own financial platform.
Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.
Build my platform →Questions people ask
Can I launch my own crypto app?
Yes, with buy, sell and hold next to cash on a branded platform.
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This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.