Q: What are the KYC limits?

Tier 1 - basic information card payments - 50 EUR per day, 5 transactions in a lifetime bank transfers - 1000 EUR per transaction, 3000 EUR or 5 transactions in a lifetime Tier 2 - bank API check card payments - 50 EUR per day bank transfers - 5000 EUR per transaction, 10 000 EUR per month Tier 3 - Identity Document Verification, liveliness check card payments - 1000 EUR per day, 20 000 EUR per month bank transfers - 5000 EUR per transaction, 20 000 EUR per month Tier 4 - Identity Document Verification, liveliness check, proof of address, we may ask about your source of income card payments - 2000 EUR per day, 50 000 EUR per month bank transfers - 5000 EUR per transaction, 50 000 EUR per month Tier 5 - please contact us at otc@ramp.network bank transfers - up to 500 000 EUR per transaction The limits listed above are intended for reference only and ultimately will depend on the risk level of your transaction, as assessed by our risk monitoring system. Please keep in mind that: <ul> <li>The daily limit is calculated on a basis of a 24-hour period since the time of your purchase - not a calendar day</li> <li>The monthly limit is counted as a 31 day period from the time of your purchase.</li> <li>Limits in currencies other than EUR will be calculated as value equivalent of the limits listed above. </li> </ul>

Q: What are your fees?

Ramp offers best fees in the industry Many on-ramps hide their fees by offering bad rates. Some of them even offer “free” service. Ramp offers best rates and honest, low fees. Manual transfer transactions 0.99% or 0.49% for transactions greater than 2500 EUR Instant transfer transactions 1.99% or 1.49% for transactions greater than 2500 EUR Debit card transactions 2.9% Minimum fee per transaction is 1.49 EUR. We may apply an additional network processing fee of up to 0.5 EUR to cover blockchain transaction costs.

Question 1

What are the KYC limits?

Accepted Answer

Tier 1 - basic information
card payments - 50 EUR per day, 5 transactions in a lifetime bank transfers - 1000 EUR per transaction, 3000 EUR or 5 transactions in a lifetime

Tier 2 - bank API check card payments - 50 EUR per day bank transfers - 5000 EUR per transaction, 10 000 EUR per month

Tier 3 - Identity Document Verification, liveliness check
card payments - 1000 EUR per day, 20 000 EUR per month bank transfers - 5000 EUR per transaction, 20 000 EUR per month

Tier 4 - Identity Document Verification, liveliness check, proof of address, we may ask about your source of income card payments - 2000 EUR per day, 50 000 EUR per month bank transfers - 5000 EUR per transaction, 50 000 EUR per month

Tier 5 - please contact us at otc@ramp.network bank transfers - up to 500 000 EUR per transaction

The limits listed above are intended for reference only and ultimately will depend on the risk level of your transaction, as assessed by our risk monitoring system.

Please keep in mind that:

The daily limit is calculated on a basis of a 24-hour period since the time of your purchase - not a calendar day
The monthly limit is counted as a 31 day period from the time of your purchase.
Limits in currencies other than EUR will be calculated as value equivalent of the limits listed above.

Question 2

What countries do you support?

Accepted Answer

Ramp is available across Europe

We support many payment methods available throughout Europe. You can read more about available payment methods here.

Below is the list of supported countries:

United Kingdom
Andora
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Malta
Monaco
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Slovakia
Slovenia
Spain
Sweden
Switzerland
Vatican

Kindly note that we are not able to provide our services if your jurisdiction doesn't allow you to use Ramp. We are also not able to provide our services if you are currently located in one of the states or territories or any entity formed under the laws of countries listed in the Terms of Service (7.2(a)(b) Restrictions).

Question 3

What are your payment options?

Accepted Answer

Ramp offers multiple ways to pay for crypto

Instant bank payments

In selected countries we provide our best payment method - Instant bank transfer. It is faster and more convenient that other options and cheaper that other fast methods like card transactions. You can read more about Instant bank transfer here.

Card payments

We currently support debit cards issued by major banks across European Economic Area. We do not support prepaid cards, nor credit cards, however this may change in the future.

Manual bank transfer

We currently support SEPA and Faster payments manual bank transfers. This method is less convenient and slower than the other methods, but definitely the cheapest one.

If you want to check if your country is supported, you can read more here.

Question 4

What is Ramp Pools?

Accepted Answer

Ramp Pools is decentralized system allowing anyone with a supported bank account to earn yield by providing liquidity in selected crypto assets.

You can think of Ramp Instant as decentralized Coinbase. We connect with your bank account API and ask buyers to pay for your crypto directly to your account. We settle trades based on information from your bank's API. You do not need to do anything, just sit back and enjoy your profits.

Transactions are super secure. Your crypto is going to be locked in a secure smart contract and released automatically to buyers as their bank transfers arrive to your bank account.

If you want to become a Pool operator and start earning now you should go to Ramp Pools website to create your first pool. If you have any questions, contact us at pools@ramp.network.

Question 5

Legal note

Accepted Answer

Ramp Instant is a product offered by Ramp Swaps Ltd, a company registered in England and Wales with company number 11850124. Registered office: 3 More London Riverside, London, United Kingdom, SE1 2AQ.

The Financial Ombudsman Service or the Financial Services Compensation Scheme do not apply to the crypto-asset activities carried on by Ramp Swaps Limited. Cryptocurrencies such as DAI, Ether and USDC are considered to be unregulated crypto assets by the UK’s Financial Conduct Authority. All assets bought and sold on Ramp Instant are unregulated crypto assets.

Question 6

What are your fees?

Accepted Answer

Ramp offers best fees in the industry Many on-ramps hide their fees by offering bad rates. Some of them even offer “free” service. Ramp offers best rates and honest, low fees.

Manual transfer transactions 0.99% or 0.49% for transactions greater than 2500 EUR

Instant transfer transactions 1.99% or 1.49% for transactions greater than 2500 EUR

Debit card transactions 2.9%

Minimum fee per transaction is 1.49 EUR.

We may apply an additional network processing fee of up to 0.5 EUR to cover blockchain transaction costs.

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