A Fiat Off-Ramp refers to a service or platform that allows individuals to convert their cryptocurrencies back into traditional government-issued currencies, commonly known as fiat money. This process enables users to cash out their digital assets and access funds in a recognizable form, such as dollars, euros, or yen.Typically, a fiat off-ramp can be found in exchanges, payment processors, or financial services that facilitate this conversion. Users create an account, deposit their cryptocurrency, and then request a withdrawal in fiat currency. The amount received is based on the current market rate and any applicable fees.Utilizing a fiat off-ramp is essential for users who want to realize profits from their investments or pay for goods and services in their local currency. It contributes to the overall liquidity of the market, giving users flexibility in managing their assets.
First Floki ETP Launches in Europe, Listed on Spotlight Stock Market
A new exchange-traded product (ETP) tied to the cryptocurrency Floki has gone live in Europe, marking the first time a