Offramp.xyz and Chainlink Integration

Published on: 09.03.2023
Offramp.xyz and Chainlink Integration

Offramp.xyz — a no-KYC, decentralized on/offramp for Web3 — has integrated Chainlink Data Feeds on Ethereum mainnet, with further support for Polygon mainnet and Arbitrum mainnet planned.

By integrating Chainlink, Offramp.xyz now has the ability to connect off-chain fiat transaction data using Chainlink’s powerful Any API service to smart contracts for automatic and trust-minimized fiat-to-crypto transactions.

Offramp.xyz enables users to buy and sell crypto worldwide using self-custodial wallets and hybrid escrow smart contracts for automated trade settlement. By utilizing Chainlink AnyAPI, Offramp.xyz verifies fiat transactions from users who then receive their crypto post-verification from decentralized liquidity pools.

Accessing data through the Chainlink Network helps increase the security, reliability, and decentralization of our protocol. Creating a decentralized on/offramp is a major step for Offramp.xyz, and an immense leap forward for the broader DeFi ecosystem.

Website | Twitter 

Website | Twitter 

SOURCE:
https://medium.com/@offrampxyz/offramp-xyz-integrates-chainlink-data-feeds-to-leverage-high-quality-api-data-dc653e4c1627

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 57.24%(-0.18%/24h)
ETH Dominance: 14.12%(+0.21%/24h)
Defi Market Cap: $153.2B(-24.61%/24h)
Total Market Cap: $3806.22B(+1.77%/24h)
Total Trading Volume 24h: $119.9B(-39.16%/24h)
ETH Market Cap: $536.84B
Defi to ETH Ratio: 28.54%
Defi Dominance: 3.94%
Altcoin Market Cap: $1627.7B
Altcoin Volume 24h: $69.12B
Total Cryptocurrencies: 35904
Active Cryptocurrencies: 9525
Active Market Pairs: 108456
Active Exchanges: 845
Total Exchanges: 10931
BTC: 109403.46$(0.18%/1H)
ETH: 4452$(0.19%/1H)
AVAX: 24$(0.14%/1H)
BNB: 863.5$(0.2%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.84$(0.38%/1H)
DOT: 3.87$(0.58%/1H)
UNI: 9.85$(0.1%/1H)
CAKE: 2.52$(0.31%/1H)
SUSHI: 0.78$(0.06%/1H)
ONE: 0.01$(2.3%/1H)