What is crypto onramping? with Mauricio Magaldi | 11:FS Explores



At their inception the only way to get your hands on cryptocurrency was to mine it yourself, something that was extremely complicated and only open to those who had the knowledge and resource to do so.

Then came along onramping – the process of exchanging traditional currency (or Fiat) into crypto.

The development of onramping has helped drive crypto mainstream – users can set up an account on a crypto exchange such as Coinbase, Binance or FTX, and start purchasing cryptocurrencies such as Ethereum, Bitcoin and Dogecoin in minutes. (depending on KYC checks).

Maurcio Magaldi, Global Strategy Director, Crypto, explains what onramping is, how it works and what you can do with crypto when you have it.

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On 11:FS Explores we explain FS without the BS. Make sure you check out the full playlist to learn more about topics such as Open Banking, crypto, BaaS and loads more.

#Crypto #DeFi #web3

Not financial advice


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