Converting Cryptocurrency

Converting cryptocurrency allows eligible users to exchange between traditional currencies and supported cryptocurrencies.

Depending on your account and the services available, you may be able to convert:

Traditional currency into cryptocurrency (on-ramp)
Cryptocurrency into traditional currency (off-ramp)

The conversion methods available to you depend on your account, region, and supported services.

What Is Cryptocurrency Conversion?

Cryptocurrency conversion allows you to move value between traditional financial systems and blockchain-based assets.

Nova supports integrated conversion services designed to make it easier to buy, manage, and use supported cryptocurrencies without relying on multiple platforms.

Available conversion methods may vary depending on your account.

On-Ramp

An on-ramp allows you to purchase supported cryptocurrencies using traditional currency.

This is commonly used when:

Funding your Crypto Wallet
Purchasing cryptocurrency for the first time
Adding to your existing cryptocurrency balance

For step-by-step instructions, see Buying Cryptocurrency.

Off-Ramp

An off-ramp allows you to convert cryptocurrency back into traditional currency.

Depending on your account, available off-ramp methods may include transferring funds to supported payment destinations or other supported withdrawal methods.

The off-ramp options available to you are displayed within your Nova account.

Exchange Rates

Before confirming a conversion, Nova displays:

The conversion rate
The amount being converted
The estimated amount you will receive
Any applicable fees

Exchange rates may change until the transaction is confirmed.

Fees

Cryptocurrency conversions may include:

Conversion fees
Network fees
Service provider fees
Other applicable charges

Any applicable fees are displayed before you confirm the transaction.

Processing Time

Conversion times vary depending on:

The selected conversion method
Payment provider
Blockchain confirmation times
Compliance and security checks

Some conversions may complete within minutes, while others may require additional processing time.

Frequently Asked Questions

What is the difference between an on-ramp and an off-ramp?

An on-ramp converts traditional currency into cryptocurrency. An off-ramp converts cryptocurrency back into traditional currency.

Can every account convert cryptocurrency?

No. Conversion services depend on your account, regional availability, and applicable regulations.

Why has my conversion rate changed?

Cryptocurrency markets operate continuously, so exchange rates may change before a transaction is confirmed.

Where can I view my conversions?

Completed conversions appear in your transaction history.

Cryptocurrency conversion allows eligible users to move between traditional currencies and supported cryptocurrencies. Depending on your account, Nova provides integrated on-ramp and off-ramp services that simplify managing both fiat and digital assets from a single platform.