Month: January 2023

How to Use On-Ramp & Off-Ramp Feature

Posted on by Alium Finance

The integration of an On-Off Ramp service into the Alium.Finance ecosystem is a game-changer for users looking to easily move their assets in and out of the platform. The On-Off Ramp service allows users to seamlessly convert their assets between fiat and crypto and visa versa, making it easier than ever to manage and trade their portfolio. In this article, we will provide a comprehensive tutorial on how to use the On-Off Ramp service and learn step-by-step all the process of On-Ramp.

  • Go to the Trade page and press Buy crypto

  • Choose to Buy (On-Ramp) or Sell (Off-Ramp) and fill out the form

  • If you would like to see the breakdown of the fees, press See Calculation

Once you are ready to proceed, press Buy Now

  • Enter your Wallet Address and press Buy

Don’t have a wallet, but want to create one? Follow our guide about “How to Set Up a Wallet“

  • Enter your E-mail and confirm it with Verification Code

  • Complete KYC, so you will be able to complete the registration of your Transak account

Learn more about the definition &  importance of KYC

  • Once you complete the verification, you will be able to access your Transak account via Alium Finance

From now on, you are ready to go!

Try it yourself and leave us your feedback via our Social Media Channels.

Instant KYC by Transak Explained

Posted on by Alium Finance

Transak’s On-Ramp and Off-Ramp service is a feature that allows users to easily convert between cryptocurrencies and fiat currencies. The On-Ramp service allows users to buy cryptocurrencies using fiat currency, such as USD, EUR, and GBP. The Off-Ramp service allows users to sell cryptocurrencies for fiat currency. This feature makes it easy for users to move in and out of the crypto market, without the need to go through multiple exchanges or service providers. The service is designed to be fast, secure, and user-friendly, allowing users to quickly and easily access the crypto market.

In order to complete the registration process and start to use on-ramp and off-ramp services, every user must complete KYC by Transak.

What is Instant KYC by Transak

Transak supports the Instant KYC service, which allows users to quickly and easily verify their identity for the purpose of buying and selling cryptocurrencies. KYC, or “Know Your Customer” is a process that financial institutions use to verify the identity of their customers. This process is typically required for compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations.

Instant KYC service is designed to be fast, easy, and secure. It uses cutting-edge technology, such as facial recognition and document verification, to quickly and accurately verify users’ identities. This allows users to complete the verification process in a matter of minutes, rather than days or weeks. The service is also designed to be highly secure, using advanced encryption and other security measures to protect users’ personal information.

This service is beneficial for users who want to buy or sell cryptocurrencies in a fast, secure, and compliant way, and for businesses that want to integrate cryptocurrency payments into their existing systems, without the need for additional legal and compliance processes.