Kraken Launches Fiat-to-Crypto API for Businesses, Enabling Instant On/Off Ramps Worldwide
Kraken, a leading cryptocurrency exchange, has launched its all-in-one API, enabling platforms to integrate crypto on- and off-ramps directly into their products. Platforms don’t have to worry about compliance or operational complexities; everything in the backend is built and handled by Kraken’s infrastructure.
Want to be part of the new digital economy? Visit Kraken and fill out the form to gain access.
Breaking Barriers for Crypto’s Global Adoption
While the crypto space is gaining recognition from Wall Street through ETFs and company treasuries, smaller businesses often face compliance issues, regional payment limitations, and expensive crypto on-ramps.
With Kraken Ramp, businesses can create money-movement rails that fully rely on Kraken’s track record and expertise. This is all done with minimal engineering lift from the business side.
Kraken Ramp Explained
Kraken Ramp is a developer-friendly API that integrates global on/off ramps, enabling businesses to set up instant crypto buy-and-sell for their clients. Because the API utilizes Kraken’s infrastructure, businesses can offload concerns about compliance and operational issues.
In addition to simplified access to the crypto market, companies that use Kraken Ramp get access to Kraken’s deep liquidity, enabling fast executions with tight spreads for their clients.
Features That Make Kraken Ramp Unique
There are many reasons why businesses may want to use Kraken Ramp for their needs, including:
Kraken Ramp’s Real-World Applications
Kraken Ramp is designed to accelerate crypto adoption across various industries. For example, banks and fintech companies can add crypto buy-and-sell options without needing to obtain licenses or build the technology themselves, and remain compliant at the same time.
Wallets and protocols can onboard users instantly within their apps, growing their total value locked (TVL) without friction. At the same time, exchanges and marketplaces can expand their global payment reach and seamlessly integrate crypto assets.
With Kraken Ramp, Crypto games and Web3 apps can enable their users to purchase crypto in-game and make on-chain payments via local fiat payments. Moreover, developers seeking to launch faster can do so with a single integration, making Kraken Ramp an excellent solution.
Kraken Ramp Streamlines Compliance and Ops
One of the standout features of Kraken Ramp is that Kraken handles everything in the background, from compliance and licensing to fraud prevention and payment operations. This means businesses don’t have to build anything themselves because the Kraken Ramp API requires minimal engineering effort.
Now is the Time for Platforms to Add Crypto On/Off Ramps
Crypto adoption is increasing daily, with over 600,000 Bitcoins already bought via ETFs. Additionally, institutions such as Fidelity and JPMorgan Chase have begun offering cryptocurrency products to their clients.
Furthermore, stablecoins have become a major part of the global economy, integrated by large payment processors such as Visa and PayPal. This was enabled in large part by maturing regulations in the US and the EU, via the CLARITY Act and the MiCA framework.
Kraken Ramp has launched just in time to help businesses capitalize on growing market demand and use Kraken’s compliant and secure fiat-to-crypto rails.
Getting Started With Kraken Ramp
Institutions can sign up using the Kraken Ramp’s dedicated site. Simply visit Kraken and fill out the form with information like where your business is registered, the type of business, monthly trading volume, which assets you are interested in, and areas of interest.
Kraken will provide an API to set up on your site, enabling you to launch the crypto on/off ramp fast with minimal engineering input.
How Crypto Onboarding Will Shape the Digital Economy
Kraken is building the future of crypto onboarding, making it frictionless and trusted, and available globally. Clients can integrate Kraken Ramp’s API and instantly get access to Kraken’s deep liquidity and regulated infrastructure to onboard new waves of users.
If you’re a business that will benefit from crypto onboarding tools, don’t hesitate to integrate Kraken Ramp and join the new digital economy.
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