Ramp Network may ask what type of wallet you use, which provider it belongs to and whether it is yours. Answer for the wallet receiving crypto when you buy, or sending crypto when you sell.
Choose the correct wallet type
A hosted wallet, also called a custodial wallet, is managed by a provider that controls the private keys for you. An exchange account is a common example.
A self-hosted wallet, also called a self-custodial or non-custodial wallet, lets you control the private keys. This can be a software or hardware wallet.
Some companies offer both kinds of wallet. Check the specific product you use rather than choosing only from the company name.
Confirm that the wallet belongs to you. If it is hosted, select its provider when asked. If you are unsure, check with your wallet provider before continuing.
Why this information is needed
Travel Rule requirements concern information about the sender and recipient of crypto transfers. Checks can apply even when you transfer between accounts you own.
Where required, Ramp Network shares relevant details with a hosted-wallet provider to check ownership. These details can include your name, address, wallet address and user ID. How information is used and shared is explained in the Privacy Policy.
If required details are missing or incorrect, a transaction may be blocked or canceled, and account access may be restricted. If you entered the wrong details, Contact Ramp Network support promptly.