Ramp DeFi (RAMP) is a decentralised protocol that aims to improve DeFi adoption by allowing non-Ethereum blockchains to stake their tokens on ETH-powered platforms. Ramp allows the stake assets of non-ERC20 staking blockchains to be collateralized into a stablecoin issued on the Ethereum platform known as rUSD. The main benefit of this is the maximisation of the capital efficiency stacked on digital assets, where users can unlock liquidity from staked assets, earn staking rewards, and yield farming opportunities.
RAMP is the native utility token for the Ramp DeFi platform and it performs a number of functions. Its main function is that it’s used as collateral into rUSD stablecoins, which can then be deployed into DeFi yield protocols for additional returns. The token is also used for community governance, token farming and liquidity mining.
The best place to buy Ramp is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Ramp (RAMP). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of RAMP is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Ramp with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy RAMP instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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