Rango’s interoperable nature fosters seamless transactions between different blockchain ecosystems, supporting the growth of DeFi. The investment will fuel Rango’s efforts to further enhance its cross-chain functionality and expand its reach across various blockchain networks.

This makes Rango a leading solution for multi-chain wallets seeking reliable cross-chain functionality. The platform is currently integrated with leading wallets and decentralized applications (DApps) like TrustWallet, Exodus, Binance Web3 Wallet, and Compound. Rango plans to integrate more trending blockchains to stay at the forefront of cross-chain trading innovation.

Rango Exchange is a cross-chain DEX and bridge aggregator that connects users to the best swap rates across multiple protocols and blockchains. By aggregating liquidity from various sources, Rango offers the most favorable prices for trades, reduces slippage, and enhances efficiency.

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The post Binance Labs Invests in Cross-Chain DEX and Bridge Aggregator Rango appeared first on Coin Engineer.

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The company believes that removing the requirement for a customer to submit a high-quality photo of their government-issued ID will encourage more people to sign up. Ramp is first launching the service in Brazil, South America’s largest economy.

“By reducing barriers to entry, documentless KYC can play a major role in driving mass adoption of digital currencies,” said Ramp’s Trading Director, Jose Jimenez-Mancha. “We are launching documentless KYC in Brazil first, and we will expand to other regions throughout 2024.”

This update to the company’s KYC policy follows its integration with Brazil’s national digital payments platform, Pix.

Announced in September last year, the move was also designed to make it easier for customers to sign up in the country, which is home to over 200 million people. Pix, which allows people to purchase goods and send money to each other using a smartphone app, is used by the majority of Brazilians.

The Verification Process (Ramp)

The absence of a government ID photo requirement means Ramp will need to be extra careful to ensure its KYC protocols are working effectively and that people are who they say they are. However, the company said that Ramp does not work directly with the Brazilian government, but instead partners with a third party that can carry out the necessary checks.

The company said the new initiative will help users hoping to sign up to platforms that have integrations with Ramp, such as MetaMask, TrustWallet, BitPay and others.

The post Ramp to Launch Simplified KYC Process! appeared first on Coin Engineer.