💵 Off Ramp

The Off-Ramp feature provided by Capa allows users to sell cryptocurrencies to get local currencies. Currently, Capa supports off-ramp operations for MXN (Mexican Peso) and DOP (Dominican Peso).

How to do an Off-Ramp Operation

To successfully execute an off-ramp operation, follow these steps:

  1. Select the Blockchain and Token:

    1. The following is a list of the Blockchains and Tokens
    2. The list of Blockchains - Tokens symbols supported in Capa are:
      1. POL - USDC, POL
      2. BSC - USDT, BNB
      3. BASE - USDC, ETH, MXNe, cbBTC
      4. OP - USDC, ETH
      5. ARB - USDC, ETH
      6. SOL - USDC, SOL, USDY
      7. WLD - WLD
      8. STK - USDC, STK
      9. ETH - USDC, ETH
        For faster completion time use USDC in Polygon POS
  2. Select the Fiat Currency:

    1. Choose the supported fiat currency for the transaction. Capa currently supports the following fiat currencies:
      1. MXN (Mexican Peso)
      2. DOP (Dominican Peso)
  3. Quoting:

    1. To show an estimate of how much crypto the user will get with the selected Blockchain Token, Fiat Currency and Amount use the Get Quote endpoint.
  4. User Bank Information

    1. The user bank information will be inputed directly in the Off Ramp endpoint. This will go through a penny testing process to ensure that the KYC'd user is the actual owner of the bank information. If the user is successfully verified the transaction wil go through otherwise it will be CANCELLED and the crypto will be reimbursed. List of Dominican Republic Banks
  5. Obtain User Wallet Address:

    After a successful KYC users get their own Wallet Address which is used as an intermediary to identify the user's off ramps on chain transaction. In order to show the user where the crypto must be sent to you must obtain the wallet by creating the Off Ramp transaction, the response would have the wallet address.
  6. Execute the Off-Ramp:

    With all required information gathered, you can proceed to execute the off-ramp operation using the Capa API. See the documentation to execute the off ramp Execute Off Ramp

Available Platforms

Capa.fi : Users can perform off-ramp operations directly on the Capa.fi website.
Partner API: For partners, off-ramp operations can be performed via the API using the Partner API key. For instructions on generating and using the API key, refer to the 🔑 API Key Generation Guide.

Notifications

Capa sends notifications to keep you updated on transaction statuses:

  • Webhooks for Partners: Capa posts updates to the configured partner webhooks to notify of transaction status changes.
    Email Notifications for Users (Optional): Users receive email notifications regarding their transaction status and other relevant updates. Webhooks
  • Ensure that your webhook settings are correctly configured to receive timely notifications and stay informed about the status of transactions. Webhook Settings

Dominica Republic Banks

[
  "ABONAP",
  "Alaver",
  "Asociación Cibao",
  "Asociación Duarte",
  "Asociación La Nacional",
  "Asociación Maguana",
  "Asociación Mocana",
  "Asociación Peravia",
  "Asociación Popular",
  "Asociación Romana",
  "Bancamérica",
  "Banco Activo",
  "Banco Ademi",
  "Banco Adopem",
  "Banco Agrícola",
  "Banco Atlántico",
  "Banco BACC",
  "Banco BDI",
  "Banco BHD",
  "Banco Caribe",
  "Banco Cofaci",
  "Banco Confisa",
  "Banco Fihogar",
  "Banco Gruficorp",
  "Banco Lafise",
  "Banco López de Haro",
  "Banco Popular",
  "Banco Promerica",
  "Banco Santa Cruz",
  "Banco Unión",
  "Banco Vimenca",
  "Banco Óptima",
  "Bancotui",
  "Bandex",
  "Banesco",
  "Banfondesa",
  "Banreservas",
  "Bonanza Banco",
  "Citibank",
  "Corporación de Crédito Monumental",
  "Corporación de Crédito Nordestana",
  "Corporación de Crédito Oficorp",
  "JMMB Bank",
  "Leasing Confisa",
  "Motor Crédito",
  "Qik Banco Digital",
  "Scotiabank"
]