Ramp users will be able to purchase blockchain protocol Zilliqa’s token ZIL after the two firms entered an agreement to allow fiat-to-crypto payments.
Source: IBS Intelligence
ZIL/USD is up 53.98%.
Under the agreement, Ramp users looking to buy ZIL will be able to make transactions in less than five minutes. They will have to utilize a credit card, and will be able to instantly enter or exit their positions.
Zilliqa Chief Executive Dr. Ben Livshits said the integration is likely to welcome more individuals into cryptocurrencies, and “turn skeptics into active users.” It is also expected to make crypto purchases easier.
Ramp Head of Partnerships Paulina Jóśków welcomed the partnership, noting that Zilliqa has “impressive capabilities” with its network throughput and its ecosystem covering decentralized finance, non-fungible tokens, and dApps.
Ramp has teamed up with over 400 tech entities such as Mozilla, Dapper Labs, and major cryptocurrency and decentralized finance applications.