Definition
An off-ramp links a crypto sale to a fiat payout, such as a bank transfer. It may involve an exchange, payment provider, or other supported service. Moving coins to a different wallet is not an off-ramp unless conversion to fiat actually occurs.
How It Works
The user sells or converts an asset, then requests payment through an eligible channel. Trade completion, fiat balance crediting, and bank receipt are separate events. The amount received reflects the conversion price, spread, and applicable processing or payout charges.
Key Considerations
Availability depends on currency, region, account eligibility, and payment provider. Settlement delays and verification can occur even after a sale is complete. Confirm beneficiary details and compare the net fiat amount. A withdrawal marked processed by a platform does not always mean the receiving bank has already credited it.