FIAT to Crypto Payments Available In Ambire Wallet via PayTrie
Posted by Ambire on December 13th, 2021NewsAmbire Wallet
Our users in Canada will be pleased to learn that they can easily obtain cryptocurrency with FIAT thanks to PayTrie, one of the on-ramp providers you have at your fingertips in Ambire Wallet.
What is PayTrie
Ramp Network is a Canadian on-ramp service - a payment provider that allows people to purchase stablecoins via Canadian dollars. It is integrated in applications, e.g. Ambire Wallet, so that when you buy your stablecoins they go directly into your wallet.
How PayTrie works
PayTrie allows you to buy 8 stablecoins via bank transfer. It is important to have in mind that if you want to buy crypto through PayTrie, you will have to undergo a quick KYC (“Know your customer”) procedure and provide proof of your identity.
PayTrie in Ambire Wallet
When you choose to top up your account you will see the Ambire Top-up screen. It lets you choose between:
- Direct deposit of ERC20 tokens to your wallet address; and
- Fiat top-up via Transak, Ramp Network or PayTrie.
Choosing PayTrie will open the PayTrie window that will guide you through the process. The process of purchasing stablecoins with Canadian dollars through PayTrie only takes a few minutes.
Read about all major protocol integrations we are launching Ambire Wallet with:
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