DefineDeFiWeb3 Glossary

Fiat On-ramp

A way to turn regular money (dollars, euros) into cryptocurrency. The entry point from traditional finance into crypto.

Example

Using Coinbase to buy Ethereum with your bank account or credit card.

Related Terms

Tools & Protocols

βš–οΈOn-ramp Methods

Featurebank Transferdebit Cardwire Transfer
Speed1-3 daysInstantSame day
FeesLow (0-1%)Higher (2-5%)Medium
LimitsHighLow-MediumVery high

πŸš€Getting Started

  • 1Choose a regulated exchange (Coinbase, Kraken) for safety
  • 2Complete identity verification before you need to buy
  • 3Compare fees - they vary significantly by method
  • 4Consider using on-ramps built into wallets (MetaMask, Rainbow)
  • 5Watch for hidden spread markups on 'zero fee' services
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