Zilliqa Partners With Ramp to Leverage Payments for ZIL Token

Summary:
• Blockchain scalability solutions provider, Zilliqa, has integrated Ramp to leverage its payments services. What impact could this have?

Payments infrastructure provider Ramp, has announced a partnership with blockchain scalability solutions platform, Zilliqa. The partnership will facilitate fiat-to-crypto payments involving the ZIL token. Importantly, it will provide broader options for payment transactions involving ZIL. Also, it will ensure that any purchase transactions for ZIL are processed faster. Essentially, the integration means that users interested in buying ZIL can do that at much faster speeds, typically under five minutes. Also, users won’t have to go through the complex wallet mechanism on Ramp.

The Ramp integration also means users can get their ZIL tokens using cred card purchases. This is likely to attract many users to the asset. Also, Ramp’s instant verification capabilities also mean that users can quickly enter into and exit their ZIL investment positions. The Zilliqa integration adds to a long list of platforms that have recognized its capabilities to enhance their operational capacities. For instance, Zilliqa has partnered with Trust Wallet, Axie Infinity, Aave, Deeper Labs, Mozilla, Zerion among other 400+ projects.

Ramp’s allure is mostly a result of its ability to facilitate faster and uncomplicated access to crypto assets by the masses. For instance, it allows users to access crypto without undergoing KYC, which is often a deal-breaker for many users. Also, it has demystified cryptocurrencies and made them appealing to many new users. “Zilliqa has impressive capabilities when it comes to throughput on its network and a very active ecosystem which includes some of the most innovative projects across DeFi, NFTs and dApps,” said Paulina Jóśków, Head of Partnerships at Ramp.

About Zilliqa

Zilliqa is a Layer1 blockchain protocol, offering institutions and dApps high levels of scalability and highly secure blockchain solutions. Zilliqa is home to over 250 decentralized applications, and has processed 30+ million transactions since its launch in 2017. It is a user-centric platform, developed by a team of engineers, financial services experts, business industry leaders and other experts.