Cypherock and Onramp partner to provide the safest way to buy, store, manage cryptocurrency.
The world of cryptocurrency can be a dangerous place, with countless stories of hacks, scams and centralized exchange collapses leaving traders and holders in a state of constant worry. However, a new partnership between Cypherock X1 and Onramp is aiming to change all that.
Cypherock X1 is on a mission to build the world’s safest hardware wallet, decentralizing users’ keys into five shards, each stored on a separate tamper-proof hardware for 10x protection. This means that even if someone gets access to two of the five shards, users are still protected against the theft of funds by setting a PIN on top of the cards. Additionally, Seed phrases have been removed entirely, removing the single point of failure associated with them.
Onramp, on the other hand, offers APIs to developers to onboard users to buy cryptocurrency directly inside their platforms. Onramp handles all the KYC, regulatory, compliance, fiat payment methods and wallet management specifically in India. Onramp allows users to buy crypto with the lowest processing fees in one of the biggest crypto markets — India. Onramp uses liquidity from multiple exchanges to find the best prices and currently supports 400+ tokens across multiple blockchains.
Together, Cypherock X1 and Onramp are providing a complete solution for users to buy, store and manage their cryptocurrency. With the safety and security provided by Cypherock X1’s hardware wallet and the ease and efficiency of Onramp’s API, users can finally feel confident and secure in their cryptocurrency investments.
For traders, this partnership means they can focus on making trades without the constant fear of hacks or theft. For holders, it means they can finally rest easy knowing that their investments are safe and secure. And for both, it means they can easily buy and manage their cryptocurrency without any hassle or worry.
By partnering with Onramp, Cypherock X1 is making it easier for users to buy crypto directly with FIAT currency, with Onramp handling all the regulatory, compliance and payment processes. This allows users to pay via UPI or IMPS and buy crypto in return, all while getting the best prices available.
Talking about the partnership, Rohan Agarwal, the co-founder and CEO of Cypherock said, “The partnership between Cypherock and Onramp is a game-changer for the world of cryptocurrency. With the safest and easiest way to buy, store and manage cryptocurrency, Indian crypto enthusiasts can finally feel confident and secure in their investments.”
Know more about Cypherock X1 and how it works.
Follow Cypherock on socials -
