How you should compare fees
The percentage fees quoted by on-ramps doesn’t tell the full story. Two on-ramps that quote the same percentage in fees, will not send the same amount of cryptocurrency to the user.
Because each gateway uses different conversion rates, spreads and network fees – without much transparency. As such the only way to compare the fees of gateways is to see who gives more crypto for the same amount of fiat!
Onramper calculates how much crypto each gateway would send the user (taking into account all transaction fees, network fees, conversion rates & spreads), and then shows the best options to the user. By doing this, Onramper usually already saves the user over 1.5% in fees!
How our pricing model works
We don’t charge integration costs and don’t have a monthly subscription. Instead, Onramper is paid by its partner fiat on-ramps for every transaction it sends their way. Onramper is not paid by you or your users!
In addition, Onramper gets fee discounts with its partner on-ramps due to the high amount of transaction volumes it does.
Finally, by being able to pick the lowest-fee fiat gateway usually saves the user over 1.5% on top of that. As such, Onramper is cheaper for end-users in aggregate!
How Onramper saves you over $60,000 in integration fees
Many gateways require you to pay an integration fee or a deposit to start integrating. However, through Onramper you can integrate all gateways for free in a single integration.
‘Integration Fees’ exist so gateways can help you out with onboarding and integration. Many of the gateways within Onramper also work this way. At Onramper, we’ve already done all of the contracting and integration work, so you don’t have to! This saves both you and our partner-gateways time and money.