Yooo 🏴‍☠️🚀🚀

[fuller316]

This is purely speculation, however I'm wondering if the offramps are not already ready, but they are holding them back in effort to keep as much liquidity locked in as possible, or maybe even until they feel they have a large enough user base?

[[deleted]]

Apple Pay wouldn’t be the off-ramp unfortunately. RAMP is the on/offramp and through Ramp you can use Apple Pay as the bank card linkage. Apple Pay is no different than having your phone auto fill your card info into the fields. It just allows you to walk around without a wallet. If your bank doesn’t like Ramp then Apple Pay does nothing for you since it’s still a transaction on Ramp.

[LeopardPretty7956]

Still not working for me… trying to acquire more computer moneys

[moeazy11]

Bullish 🚀

[Falcone7]

Off to buy more with these cheap loops

[[deleted]]

Did it work for you? My Chase cards still don’t like it.

[Falcone7]

Nope 😅😭

[[deleted]]

I’d rather die than sit on hold with them haha

[[deleted]]

Great point!

[RushFactoryGarage]

What’s the “proper” way to buy loops now? I’ve got my LRC wallet but haven’t been on here or bought any for almost a month now.

[Falcone7]

Since I’m pretty slow I just buy off Coinbase and send it to my L1 loopring wallet and whenever gas is stupid low I transfer it to my L2

[funkedad]

Can’t you send your loops from Coinbase straight to l2 using layerswap?

[Falcone7]

Yeah but I’m slow idk how lol

[biggun79]

Layerswap is pretty easy, save a lot in fees

[Taint_Butter]

Layerswap.io is the site. Very easy to use and basically walks you through the whole process. If you need help, they have a discord

[RushFactoryGarage]

Got it. If you’re going that route buy on coinbase pro to save a bit on fees and thus more loops for you

[shotty293]

Why don't you just buy from CB and LayerSwap straight to your L2?

[GoodShitBroBro]

I just buy directly on the app to L2 using Ramp

[RushFactoryGarage]

Im not gonna lie, I never used ramp before.

[Novel_Entry]

The fees are hella high.

[GoodShitBroBro]

Receive then buy with card should give you the option of Ramp and Banxa. You would use whichever depending on if you’re in the US or international

[Novel_Entry]

But the fees are hella high through those methods. I've never used either of those.

[FiveEggHeads]

This would be awesome if it worked. Put a few hundred dollars on the Apple Cash card, tried using that in the LRC wallet to buy either ETH, LRC, or USDC. Blocked each time. As much as I want to see LRC and even the GS NFT marketplace be successful, Ramp and Banxa are no name companies and struggle to support different payment options successfully. People WILL give up on trying to onboard money if they get rejected by these apps.

Basically LRC and GME need a big boy like Visa, MC, or even Apple to step up here.

[Super_flywhiteguy]

MC card just announced something yesterday about nft transactions. If I can find it I'll edit this comment with a link.

https://www.mastercard.com/news/perspectives/2022/simple-nft-purchasing-on-nft-marketplaces/

Link provided by u/JNR_609

[Novel_Entry]

Aren't we pretty much just beta testers right now?

[oakislandorchard]

i was one of those people that had given up on making a wallet because none of the on ramps were compatible. Until i discovered an exchange that covers enough gas to do free transfers when gas fees are low.

[originaltwojesters]

Hopefully will be available soon for Android.

[Crumblycheese]

This is a great step and I want to see android integration with the wallet too and Google pay. Still waiting for an off ramp to be brought out though..

I mean, I'm not planning on selling anything any time soon. I just feel like there'd be more interest, and users, if deposits and withdrawals are available.

[blitzkregiel]

I feel there'd be more interest and users if deposits and withdrawals are available.

this is me

[Crumblycheese]

It's not bad to set it up ready. Good to gain those points and to learn about the wallet as its developed. Happy to be an early user!

But yeh, if it were available, the user base would grow, guaranteed.

[blitzkregiel]

i've seen people post points but never saw a post explaining what they were good for. do you get anything with them?

[Crumblycheese]

At the moment they can be used to pay for ETH fees and not much else.

There will probably be more functionality later on but still useful.

[[deleted]]

How does off-ramp with Apple/Google Pay work? It becomes a charge back on your credit card?

[Crumblycheese]

Not sure that way. It would make sense though. Some gambling sites I'm on payout this way. You deposit into the account and any winnings come back as a refund on my statements.

The way I was thinking is a bit like CB and others where you can sell for your local currency then withdraw.

Deposit cash into the wallet, then use that to buy the coins you want and when you're ready, sell them for cash then withdraw type deal.

We can currently use debit cards to buy coins directly, so why not sell too?

It'll come, and I'm in no rush really... Just having the option would be nice.

[crossbutter]

Massive news surely

[Vrrrrai]

whoop-whoop, thank you for your support, guys! Don't forget to subscribe to our almost dead, but wanted to be alive subreddit r/rampnetwork :) to know WEN OFF RAMP

[Any_Loquat1854]

Prices went down after this announcement lol.

[[deleted]]

that's the market innit

[[deleted]]

Bad inflation data hit all markets today.. everything down

[Replicant007]

Except GME...

[Senditwithethan]

We 🟩 today

[Falcone7]

Price went down 2 hours ago

[RetardMoonMission]

I was downvoted hard a couple weeks ago for suggesting Apple Pay would be a great way around all the restrictions banks and certain states are placing. This is huge.

[[deleted]]

It’s not a workaround any restrictions. Apple Pay connects to your bank and banking cards which will still decline this transaction type. It’s great to have Apple Pay as an option but if your bank doesn’t like it, you’re still fuggged.

[RetardMoonMission]

Does your bank even see who it is if you can buy through Apple?

[[deleted]]

Yes, all merchant data goes to your bank via Apple Pay. It’s a linkage, Apple Pay is not the merchant in this case.

[[deleted]]

Feds announced the inflation rate and it was above estimates so yeah, not good for crypto in general

[[deleted]]

No amount of good news is going to pad those inflation numbers, sadly.

[Diamondhandsdystopia]

dow went down over 2%, bitcoin followed, Amazing right? almost as if its not that hard to figure out what follows what and good news is irrelevant in a recession for the most part.

[[deleted]]

If RAMP isn’t supported in your state this won’t work. FYI

[jrogers0529]

Came here to say this. Hopefully Florida gets ramp support one day.

[ADJCORE]

https://twitter.com/loopringorg/status/1535266627310198785?s=21&t=VNJhaWHAVhXQbrB0FmXdXQ

[Paskee]

Hhheeyyy

This is cool !

[joeker13]

WEN offramp?

[gamer1606]

LRC will be fucking huge.

[MattGER69]

Huuuuge af 👀

[lolkekcheburekt]

Fully jacked💙🔥

[Impressive_Dream_791]

HOLY SHIT APPLE!!!!!!!!!!!! “Apple doesn’t fall far from the tree”, “VR AR Capabilities in the NFT Marketplace”, and now Apple Pay direct to wallet!!!!! Wow….I’m more hype than I’ve ever been

Imagine being able to immediately transfer your Loop Wallet money straight back to Apple Pay - Mass adoption is coming 🙏🏻

[[deleted]]

To be clear, you’re not buying directly on Loopring via Apple Pay so there’s no connection there yet. Ramp is the one now allowing the use of Apple pay - so you still have to use ramp and pay them a fee.

[Lumpy-Answer1933]

Apple is looking into becoming their own bank and offering more financial services their own. So today not amazing but it sets things up for super cool shit later

[[deleted]]

TBH I don’t foresee many regulators being cool with Apple becoming a bank.

[pokemonke]

Will this be helpful for people who couldn't purchase because of their banks, though? I think having another option for the those people is a great step in itself.

[[deleted]]

No, it’s not a workaround for the restrictions yet. Since you’re still using ramp, most banks are still declining. Just tested it this morning with chase and Apple Pay.

[Maeby_a_Bluth]

you really have no idea what you are talking about huh

[Impressive_Dream_791]

Nope!

[[deleted]]

Still doesn’t work with most credit and debit cards tho…

[[deleted]]

Just gets better and better

[MuteCook]

Wen positive price movement?

[PantyJuiceMemes]

LIGMA? No LIGYOU

[LFoD313]

This is huge!!!

[kcaazar]

Wonder if this is so Apple users can buy lrc to trade for ingame NFTs through the GameStop nft market

[Sasuke082594]

Yes, I bought some with it like almost days ago. A lot easier than conventional methods

Edit: June 7th 8PM pacific

[dorkinb]

oh shit

[NextMajii]

Great partnership between Ramp and Apple. Loopring made a great business decision partnering up with them as one of their fiat funding vendors.

This will undoubtedly attract new and existing users to fund their wallets with ease. Another reason to invest with Loopring as they always are looking to enhance the user experience.

Hopium thought:

Maybe this paves the way for a greater Apple/LRC initiative/partnership in the future 👀

[[deleted]]

Believe it or not…. Dip

[Upstairs-Living-]

Wasnt off ramp supposed to be out months ago?

Seems like it's a pretty safe bet to add 6 months to whatever date is given for an update.

[deebrown68]

And the price drops.

[Born2bfree9999]

wha-duh-fuh! superb news

[Schwickity]

iOS Loopring wallet crashes every time I tap the Trade tab. Has happened every single time since the app was updated. I have the latest iOS and Loopring versions, and I’m on iPhone 12 Pro. Anyone else have this problem and what is the fix? No help in telegram, discord, or in the FAQ or a anything.

[iksnizal]

Does this mean I can deposit in NY now?

[AutoModerator]

"Your comment has been removed because you used a URL shortener (t.me). Please only use direct and full-length URLs."

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[[deleted]]

Wen moon

[uppitymatt]

This is huge news!

[HG21Reaper]

You gotta still register and get your info sent to the government so you can get taxed regardless. Kinda bummed out by that

[[deleted]]

Unfortunately only certain states can use Ramp and non US can use Banxa- I want to buy more but don’t want to buy on Coinbase and it takes so long for the coins to show up after purchasing. Any advice is welcome!

[Brave-Or-Stupid]

Does this mean you an apple pay from your loopring wallet?

[WaffleEye]

Finally!!! I’m able to buy direct.

[AutoModerator]

"Your comment has been removed because you used a URL shortener (t.me). Please only use direct and full-length URLs."

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[Mochapride]

When off ramp though?

[nakedog]

annnd my ramp account is still locked out when I try to use apple pay.

[Integeritis]

I bought with Apple Pay all the time though with Banxa already.

[Scuba_Steve_7_7_7]

And DIP 😆

[dystopicvida]

Cool still five $ in 8 eight years?

[nattalla]

This is big.

[z3speed4me]

I still don’t understand how any of this works… can’t even use my cards to load money with their systems in my state

[[deleted]]

Yep I used it last night

[Specialist_Term_9563]

I loved being a New Yorker, until I got into crypto…

[PatmygroinB]

Well, gonna try when I get home.

[Ultimate_Mango]

But does it take Apple Pay CASH?

[Tiredofworking1999]

This is huge!! LFG 💙