On-Ramp Transactions

Convert fiat currency into stablecoins using HyperRail’s on-ramp feature.

Overview

On-ramp transactions allow merchants to convert fiat currency into stablecoins directly within the HyperRail application.

These transactions use available platform liquidity to execute conversions at transparent rates, with clear settlement and transaction tracking.

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When to Use On-Ramp

• Funding stablecoin balances
• Preparing funds for cross-border payouts
• Converting local collections into stablecoins
• Managing treasury liquidity

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How an On-Ramp Transaction Works

1. Login

   

   Login to your HyperRail account

   

   Select the Trade on the sidebar and click on the Trade button at the top-left side

2. Select Assets

   

   Select the source fiat currency, the destination stablecoin, and the amount you want to convert.

3. Review Rate

   

   HyperRail displays the current exchange rate and expected stablecoin amount.

4. Fuding Source

   

   We have two types of funding source:

   1. Balance: You can fund using your HyperRail wallet
   2. Fund Externally: You can fund with an external account

   

   We have two types of destination:

   1. HyperRail: You can recieve funds to your HyperRail wallet
   2. External Account: You can recieve funds to an external account
5. Confirm Conversion

   Confirm the transaction to lock the rate by filling in your OTP.

6. Receive Stablecoins

   Stablecoins are credited to your HyperRail wallet once processing is complete.

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Transaction Statuses

Each on-ramp transaction moves through the following statuses:

• pending – Fiat deposit processing
• successful – Stablecoins credited
• expired – Transaction expired
• insufficient-balance – insufficient wallet balance
• failed – Transaction failed

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Important Notes

• Exchange rates are shown before confirmation
• Final rates are locked at confirmation
• Transactions are recorded and auditable
• Availability depends on supported currencies and liquidity

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