OpenWorld Integrates Stably Ramp
OpenWorld has partnered with Stably Ramp to integrate fiat on-ramp functionality into their decentralized perpetual exchange.
Stably is excited to announce its partnership with OpenWorld, as this integration combines OpenWorld’s decentralized derivative exchange with Stably Ramp’s expertise in facilitating smooth fiat-to-digital asset transactions.
The integration of Stably Ramp into OpenWorld aims to offer the crypto community exposure to crypto assets and a broader range of financial products and assets derived from traditional finance. OpenWorld is a technological enabler for decentralized trading, fulfilling two key roles: (1) creating perpetual products for traders to hedge or speculate and (2) establishing liquidity pools for liquidity providers to stake assets necessary for facilitating trading.
Stably shares OpenWorld’s vision for a decentralized financial ecosystem and, through this partnership, aims to contribute to the growth of activity and use cases on the platform. Leveraging Stably Ramp, the process of buying and selling cryptocurrencies and stablecoins on OpenWorld becomes more accessible than ever before.
How to purchase or sell digital assets on OpenWorld:
- Submit a buy or sell order through Stably Ramp.
- Create a new account and complete the KYC (Know Your Customer) process.
- Once your KYC is approved, make a fiat payment via bank transfer or credit/debit card. Then, provide a wallet address to receive your tokens.
- Stably converts the fiat to digital assets and sends them to your designated wallet.
- Receive your tokens and commence using them in Web3 apps.
Stably Ramp is a leading fiat-to-crypto on-ramp for purchasing and trading digital assets on various popular blockchains. Stably Ramp offers low-friction payment methods, including Fedwire, SWIFT, ACH, and instant ACH, making it easier for users to transact with ease. Users can access over 100 digital assets on more than 30 networks, including popular stablecoins such as USDC, USDT, USDS, DAI, and FRAX. With a focus on self-custody settlement, users can directly receive purchased assets into their non-custodial wallet. Additionally, Stably Ramp supports over 40 currencies and 200+ countries/regions, making it an ideal option for Web3 projects to facilitate on-ramp transactions through traditional bank payments.
Try out Stably Ramp.
OpenWorld is a decentralized perpetual exchange that aims to provide crypto community derivative exposure to crypto assets and wider financial products and assets that have been developed from the traditional finance space.
Stably is a Web3 payment infrastructure provider and FinCEN-registered MSB from Seattle. The company specializes in providing fiat gateways, multi-chain stablecoins, and cross-chain bridged tokens to users of Web3 applications. Stably’s mission is to power this decade’s next billion Web3 users with regulatory-compliant payment infrastructure across both developed and emerging blockchain ecosystems.
For all support inquiries, please visit support.stably.io.
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RISK DISCLAIMER: Nothing contained herein shall be considered financial advice or recommendation to buy/sell any security, commodity, cryptocurrency, digital asset, or any other financial instrument or asset. Cryptocurrencies, digital assets, and investing have many risks, including risk of losses beyond principal investment or purchase amount. Past performance is not indicative of future results. Investing, purchasing, and transacting in cryptocurrencies and digital assets carry a high level of risk and may not be suitable for all individuals. Before deciding to invest in cryptocurrencies and digital assets, you should carefully consider your objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss that may exceed your initial investment or purchase amount and therefore you should not invest money or purchase cryptocurrencies or digital assets in any amount that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency/digital asset investing, purchasing, and transacting and seek advice from an independent licensed financial advisor.
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