WhiteBIT on and off-ramping solution for businesses allows companies to convert between EUR and cryptocurrency, manage large transactions, and automate crypto payouts. It uses SEPA infrastructure to connect traditional banking with crypto operations.
This solution is suitable for:
- Fintech companies
- Crypto projects
- Entities investing in crypto assets
- Companies holding and transacting in crypto
What Are On-Ramp and Off-Ramp?
On-Ramp – Converting fiat currency (e.g., EUR) into cryptocurrency
Off-Ramp – Converting cryptocurrency back into fiat (e.g., EUR to bank account)
On-Ramp and Off-Ramp are the mechanisms that link digital assets with the money in your bank account.
Key Features
1. SEPA Integration
- Supports SEPA and SEPA Instant transfers
- Fast euro transactions across the EU and several non-EU countries (sometimes within seconds or hours).
2. EUR 5 fixed fee
Low pricing to optimize your costs.
3. Automated request for quote
Get an instant quote via the merchant portal.
4. Mass payouts in crypto
Disburse funds to beneficiaries overseas.
5. EU Banking Infrastructure
We work with a few providers in the Eurozone whose respective regulators are licensed to open business accounts and process and handle customer funds, ensuring that your fiat-to-crypto on-ramp experience is secure and compliant.
6. Fast Processing Times
- SEPA transfers typically complete within minutes to a few hours
- In some cases, it may take several business days depending on the bank.
7. Custom limits depending on your KYB level
How to Start?
Our account managers will help you to prepare all the documents.
- Provide SOF
Provide documents that confirm the source of your funds.
- Make deposits and withdrawals
Start making deposits and withdrawals with custom limits.
FAQ
1. What is SEPA?
SEPA stands for Single Euro Payments Area and is a pan-European network that allows you to send and receive payments in euros between bank accounts in different countries. Thanks to SEPA, customers can make bank transfers to anywhere in the European Union and several non-EU countries in a fast, safe, and secure way, just like domestic payments. This makes SEPA an effective tool for those looking to buy crypto with SEPA, providing a smooth transition from national currencies to crypto.
2. Is there an SEPA instant?
SEPA Instant enables euro payments to occur in seconds, making it a vital feature for on-ramp crypto transactions. If your bank is a member of SEPA Instant, the transfer should be executed in close to real-time, usually in less than 10 seconds, which is perfect for those who want to buy Bitcoin with SEPA.
3. Can I buy crypto with fiat by using SEPA?
Yes, you can transfer euros to your WhiteBIT account via SEPA and convert euros to crypto, turning SEPA into a convenient fiat-to-crypto on-ramp. The daily exchange rate will be displayed before you make a trade, providing full transparency when you're looking to buy Bitcoin using SEPA.
4. What are the processing times for transfers?
It typically takes minutes to process a transfer, but occasionally, it may take up to a few days, depending on your bank.