Buying cryptocurrency with a credit/debit card
Use the page: https://ramp.network
Tap at "Buy crypto".
Tap "buy with ramp"
Choosing the right cryptocurrency
Tap at "Find asset" and type $USDC$ USDC into the search bar, select $USDC$ USDC on $POLYGON$ Polygon.
All transactions on Funrise are carried out in this cryptocurrency.
All blockchain transactions cost a fee (the so-called gas).
Funrise operates on top of the $POLYGON$ Polygon blockchain network. Polygon’s fees are small and fixed. This means that no matter what amount of funds you deposit or how much cryptocurrency you buy, the network’s fee remains the same. Additionally, the exchange charges a transaction fee. Its size varies depending on the purchased amount in cryptocurrency.
You can independently compare the difference in fees before buying cryptocurrency. Just enter different amounts under the You pay section and see how the service fee changes.
Click on Details to expand the details of the commission.
Once you choose which cryptocurrency to buy, the system will request you enter your personal information to identify you as a customer.
Important: Funrise does not process or store your data. Your data will be processed and stored by the payment service only in buying cryptocurrency.
Enter an email address that you always have access to.
Then click Proceed
Email address confirmation
A six-digit confirmation code will be emailed to the specified address. Please enter it in the form and proceed.
Enter wallet address
Here on Funrise, you have a crypto wallet. Its address can be found on the finance page.
Copy the address to the clipboard and paste it into the "Your Polygon (USDC) address" field.
- If the wallet address is entered incorrectly, the funds will not reach the destination and disappear. It is impossible to make a refund.
- If the wallet address is not on the Polygon network, the funds will not reach the destination and disappear. It is impossible to make a refund.
Choosing a payment method
The Ramp service allows you to pay with a debit/credit card or Apple Pay.
Simply add a new card or choose Apple Pay
It is important to check the entered data very carefully at this step. Double-check the address of the wallet to which you’re transferring. Make sure that the correct card is linked.
If everything is correct, tap "Buy now".
Identity Verification Procedure (KYC)
So, it's time to start the procedure of confirming the identity and residential address. Different services may have slightly different procedures. To pass verification on Ramp, you need to have an ID card and a bank statement in English (the main thing in the statement is your full name and residential address in English, other information does not matter. The address of registration and residence may not match). You can also use a mail notification if your full legal name and address are in English.
More details can be found at the Identity Verification Procedure (KYC) and PoA (proof-of-address). It is the process of verifying the identity and other credentials of a user of financial services.
The service will prompt you to pass the PoA (Proof-of-Address) procedure, same as KYC (Know your customer). It is the process of verifying the identity and other credentials of a user of financial services.
Identity Verification Procedure (KYC) and PoA (proof-of-address)
Follow the tips of the system.
Note: KYC and payment transactions require time. So be aware that you wouldn't see funds immediately at your Funrise wallet. However, it doesn't take much time; the average time is about 30 minutes, depending on the payment service you choose.