Off-Ramp

An off-ramp is a way to turn your bitcoin into traditional money, like dollars or euros. Off-ramps include services like cryptocurrency exchanges or payment processors that let you sell bitcoin for cash or deposit it into your bank account. These services are a key part of connecting Bitcoin with the regular financial system, making it easier for people to spend or access the value of their bitcoin. The wider the availability of off-ramps, the simpler it is for users to participate in the Bitcoin economy. Off-ramps work alongside “on-ramps,” which are used to buy bitcoin with regular money. Both are essential for enabling people to move between cryptocurrencies and fiat currencies.