This content originally appeared on Brave's latest news on Brave Browser and was authored by Brave's latest news on Brave Browser
Starting today, Brave Wallet users in select countries will see a new option to sell crypto into fiat currencies, including US dollars, euros, and pound sterling.
In May 2022, Brave announced a partnership with Ramp that enabled Brave Wallet users to buy crypto with fiat currency—or “on-ramp”—in Brave Wallet, the Web3 wallet natively-integrated into the Brave browser.
This week, with v1.49 of the desktop browser, we’re delighted to announce the expansion of that partnership: Brave Wallet users can now sell crypto for fiat—or “off-ramp”—with Ramp as well. Users now have the option to both move in and out of crypto entirely through their self-custody wallet, rather than through centralized exchanges that hold custody of users’ assets. With Ramp’s on- and off-ramping services integrated into Brave Wallet, users no longer need to relinquish ownership of their crypto to transact.
After recent events where centralized exchanges mishandled customer funds, it’s more important than ever to offer secure and easy-to-manage self-custody. Before the creation of Bitcoin and the ensuing emergence of Web3 technologies, self-custody wasn’t a common word in most people’s vocabulary. While self-custody has grown in popularity over the past decade, the most common way to hold digital currency and tokens remains with centralized exchanges. We expect to see that shift with innovations in user-experience, like the one we are releasing today.
Off-ramp is available for over 38 currencies including Solana, Ethereum, USDC and BAT. For a running list of supported payout methods, see their support page.
Using Ramp to sell crypto in Brave Wallet
-
Open the expanded Brave Wallet screen in Brave. This can be done either by clicking the wallet icon in the top right of your browser, or by visiting brave://wallet in the URL bar.
-
From the main portfolio page, click the asset you want to sell.
-
If the asset is available to off-ramp, you’ll see a Sell button among the list of accounts that hold that asset.
-
Click Sell and enter the amount you wish to off-ramp.
-
Click Sell with Ramp once you’re ready, and proceed to Ramp’s site to complete the process.
About Ramp
Ramp is building the infrastructure to seamlessly connect Web3 with today’s global financial system. Through its core on- and off-ramp products, Ramp provides businesses and individuals across 150+ countries with a streamlined and smooth experience in converting between crypto and fiat currencies. Ramp is fully integrated with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and more.
About Brave Wallet
Brave Wallet enables Brave users to store, manage, grow, and swap their crypto portfolio across multiple blockchains from a single wallet. Unlike most crypto wallets, Brave Wallet is browser-native, meaning it doesn’t require any additional downloads or extensions, helping reduce security risks and reliance on extra CPU and memory. Users can transact with thousands of crypto assets with superior safety and performance, as well as connect with other wallets and Web3 DApps. If you’re a developer interested in integrating Brave Wallet into your DApp, take a look at our developer documentation.
If you’re curious about Web3, check out our Web3 Information Hub, which features simple guides and overviews to answer all your questions.
This content originally appeared on Brave's latest news on Brave Browser and was authored by Brave's latest news on Brave Browser
Brave's latest news on Brave Browser | Sciencx (2023-03-10T00:00:00+00:00) Crypto off-ramp in Brave Wallet. Retrieved from https://www.scien.cx/2023/03/10/crypto-off-ramp-in-brave-wallet/
Please log in to upload a file.
There are no updates yet.
Click the Upload button above to add an update.