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Ramp unveils pioneering document-free verification system for crypto purchases in Brazil

Ramp Network, a leading fintech company, has unveiled a ground-breaking advancement in the realm of cryptocurrency transactions, announcing the launch of a pioneering document-free verification system now available in Brazil and set for further expansion in the future. By leveraging Ramp’s new system, eligible users can verify their identities using only validated national tax or ID numbers, finishing the onboarding process within seconds. Szymon Sypniewicz, CEO and co-founder of Ramp, emphasized the importance of swift onboarding and crypto accessibility, stating: “At Ramp, we want Web3 onboarding to be not only secure but also smooth and rapid. That’s why we’ve implemented this innovative feature, reducing the verification process from minutes to seconds, and eliminating the need for cumbersome physical documents for such transactions. This move further reinforces our commitment to making crypto effortless.” — Szymon Sypniewicz, CEO and co-founder of Ramp What doe...