on-ramp

Phonetic: /ˈɒnˌræmp/

Part of Speech: noun

Category: To be determined

Based on a metaphor from the American highway system, 'on-ramp' refers to a tool, or a service provider, or the action, of converting fiat currency into tokens on a blockchain. Conversely, 'off-ramp' refers to exchanging on-chain assets for their value in a given fiat currency.

Definition source: Mapachurro probably wrote this.

Sample sentence

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This word came from... the ether

Date first recorded: Unknown

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