Integration of Onramp Money via Meld on Quickswap: A Game Changer for Users in India, Turkey, Nigeria

Onramp.money
3 min readDec 21, 2023

The integration of Onramp Money via Meld on Quickswap marks a significant milestone for cryptocurrency enthusiasts in India, Turkey, and Nigeria. Now, users from these countries can seamlessly buy over 300+ cryptocurrencies on Quickswap using instant bank transfers in their local fiat currencies. This development not only simplifies the process of acquiring digital assets but also bridges the gap between traditional banking and the burgeoning world of decentralized finance (DeFi).

QuickSwap: Revolutionizing Decentralized Exchanges

QuickSwap, at its core, is a permissionless decentralized exchange (DEX) built on Ethereum and supercharged by Polygon Network’s Layer 2 scalability infrastructure. This integration enables lightning-fast trading of any ERC20 asset with minimal gas costs, making it an attractive platform for both seasoned traders and newcomers.

Latest Feature Upgrades on QuickSwap

  • Launch on the Polygon zkEVM: This move enhances the scalability and efficiency of QuickSwap, leveraging the latest advancements in zero-knowledge proof technology.
  • Gaming Hub Establishment: With the gaming industry rapidly evolving on the Polygon network, QuickSwap’s gaming hub aims to be at the forefront of this transformation.
  • Introduction of QuickPerps: A new feature that offers perpetual trading, thereby increasing liquidity and introducing more sophisticated trading capabilities for its users.

These upgrades signify QuickSwap’s commitment to staying at the cutting edge of DeFi innovations.

How Does QuickSwap Operate?

QuickSwap operates on the Automated Market Maker (AMM) model, akin to Uniswap. This model uses liquidity pools and algorithms to set token prices and facilitate trades without the need for traditional order books. This system ensures a more fluid, efficient, and user-friendly trading experience.

The Role of QUICK Token

QUICK, the native token of QuickSwap, is integral to the platform’s ecosystem. It enables trading, swapping, and farming functionalities. Owning QUICK tokens is the simplest way to engage with all the DeFi tools available on QuickSwap, making it a valuable asset for users looking to maximize their DeFi experience.

The integration of Onramp Money via Meld on Quickswap is a significant step forward for users in India, Turkey, and Nigeria, offering them unprecedented access to the crypto market with ease and efficiency.

As QuickSwap continues to innovate and expand its features, it further cements its position as a leading DEX in the Polygon network.

Stay tuned on our social media channels for exciting updates and announcements!

About Quickswap

QuickSwap is a permissionless decentralized exchange (DEX) based on Ethereum, powered by Matic Network’s Layer 2 scalability infrastructure. By utilizing Layer 2 for transactions, QuickSwap users will be able to trade any ERC20 asset at lightning-fast speeds with near-zero gas costs.

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About Meld

Meld enables web3 projects to integrate and support a global set of on and off ramps to onboard the next billion users. Meld helps developers build a Multi Vendor Fintech stack to build the most inclusive financial experiences. Activate customers globally, however they want to transact.

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About Onramp Money

Onramp.money is a leading provider of fiat-to-crypto onramp solution, offering a seamless and secure way for users to trade cryptocurrencies using their fiat currencies. Prioritising user experience and safety, Onramp.money delivers a fast, dependable, and secure platform that caters to both the purchase and sale of cryptocurrencies.

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