A crypto trading platform develops its own fiat on-ramp as a gateway to Web3

The crypto market needs streamlined access for everyday users on Web3. Topper, a fiat-to-crypto on-ramp from Uphold, offers instant access, faster transactions, higher approval rates and a vast selection of cryptocurrencies.

This fiat on-ramp was created by a reputable cryptocurrency trading platform with the goal of bridging traditional finance and the DeFi world and acting as an easy-to-use and reasonably priced entry point to Web3.

For regular users, the cryptocurrency market offers attractive prospects because of its huge upside potential and potential for smooth, international transactions. But the process of turning fiat money into cryptocurrency—which is made possible by fiat-to-crypto on-ramps—often poses a big obstacle and can make it more difficult to onboard new customers.

Nowadays, the majority of fiat on-ramps only allow you to convert money for a small number of well-known cryptocurrencies, like Bitcoin BTC.

tally down to $69,667

, Ether ETH

$ 3,957 tickers down

or Tether USDT stablecoins

$1.00 tickers down

.. Because of this bad experience, customers who wish to diversify into different cryptocurrencies must take additional measures to obtain the required coin on the platform, which frustrates them.

In addition to the complexities of fiat-to-crypto conversions, these transactions also suffer from low approval rates, with a staggering 50% failure rate across the industry. Whereas Topper, leveraging the infrastructure of Uphold, is able to offer approval rates exceeding 60%. Altogether, these inconveniences can deter new users from fully embracing the advantages of the crypto world, underscoring the need for more streamlined and user-friendly onboarding processes.

The crypto industry urgently needs a fiat on-ramp designed for everyday users, one that offers easy fiat-to-crypto conversions using credit or debit cards, as well as Apple Pay and Google Pay, and direct access to a wider range of cryptocurrencies.

Let's introduce Topper. Topper is a fiat-to-crypto on-ramp created and launched by Uphold to solve the complaints of Web3 companies as well as individual customers. Topper is evidence of Uphold's dedication to providing a "anything-to-anything" trading experience that will increase the usability and accessibility of digital assets.

A gateway to Web3

Topper allows you quick fiat conversions to over 200 cryptocurrencies in 150 different countries. Topper users can easily buy and transfer cryptocurrency to their preferred wallet right from the Topper website by just completing a quick sign-up process. Topper can also be used by Web3 firms, hardware wallets, blockchain games, decentralised finance (DeFi) projects, and metaverse platforms to effortlessly integrate fiat on-ramp solutions for their consumers.

Topper has forged several strategic alliances with leading companies in the cryptocurrency and payment ecosystems as a consequence of its outstanding transaction speeds and wide range of assets. Topper has partnered with well-known cryptocurrency wallets like Xumm, Bifrost, and Casper Wallet, as well as noncustodial cryptocurrency exchange Changelly and on-ramp aggregator Onramper. To make purchases and transactions easier, Topper is also used by IMVU, a significant Web3 social metaverse.

Integrations with Apple Pay and Google Pay

Most recently, Topper made it possible to buy cryptocurrency using Apple Pay and Google Pay, making cryptocurrency more accessible to billions of mobile consumers globally. As the business develops, Topper intends to add major features like a crypto-to-fiat off-ramp and grow into new regions.

The CEO of enterprise at Uphold, Robin O'Connell, offered the following commentary on Topper said :

“I am confident Uphold can better serve Web3 projects and wallets seeking to maximize their revenue — due to our higher approval rates and extensive asset offering. Additionally, the individual user will have a rapid transaction when buying crypto either in their favorite game, metaverse, wallet or at Topperpay.com.”

To draw and keep the next billion consumers, the cryptocurrency market requires more efficient experiences. Improving the fiat-to-crypto on-ramps that connect Web3 and traditional banking is the first step in this process. With a wide range of cryptocurrencies and quick, affordable transactions, Topper is well-positioned to both meet and surpass these users' expectations.