On-Ramp

On-ramp fiat funds to USDC to fund your crypto operations

Show How to fund your Augustus Account with Fiat

Options for funding:

1. Open Banking - use the Augustus open banking widget to accept payments
2. Manual Bank Transfer - transfer money directly from a bank account using the IBAN / account number of your account
3. Deposits - accept incoming transfers directly to your dedicated Augustus IBAN or crypto wallet without requiring a Checkout Session or Order

There are 2 ways to on-ramp funds via Augustus:

1. Using Settlements, you can sweep part or all of your fiat balance to USDC using a saved wallet address. The swap and payout steps happen in one operation.
2. Use FX + Payouts to swap your fiat balance into USDC and pay out USDC separately. This lets you swap custom amounts to manage FX, and pay out separately on demand.

Supported Currencies & Chains

• Fiat: EUR, GBP, USD
• Stablecoins: USDC (Ethereum, Solana, Polygon)

Minimum amount applies for on-ramps / off-ramps: minimum = 10 units of source currency.

How It Works

FX + Payouts

Account IDs can be found in the Augustus Dashboard under Accounts → Details.

1. Check your balance

   Make sure the source account has a positive balance before quoting a conversion.

   2023-01-01 (Ivy)

   import Ivy from '@getivy/node-sdk'
   
   const client = new Ivy()
   const balance = await client.balance.retrieve({ currency: 'EUR' })
   
2. Get a real-time exchange rate

   Quote the conversion before executing it.

   2023-01-01 (Ivy)

   import Ivy from '@getivy/node-sdk'
   
   const client = new Ivy()
   const rate = await client.fx.retrieveRate({
     sourceCurrency: 'EUR',
     targetCurrency: 'USDC',
     sourceAmount: '100',
   })
   
3. Execute the conversion

   Swap fiat into USDC.

   2023-01-01 (Ivy)

   import Ivy from '@getivy/node-sdk'
   
   const client = new Ivy()
   const fx = await client.fx.execute({
     sourceAccountId: 'your-eur-account-id',
     targetAccountId: 'your-usdc-account-id',
     sourceAmount: '100',
   })
   
4. Wait for the conversion to complete

   Conversions are asynchronous. Poll for the terminal status or wait for a webhook event.

   2023-01-01 (Ivy)

   import Ivy from '@getivy/node-sdk'
   
   const client = new Ivy()
   const fx = await client.fx.retrieve({ fxId })
   
   if (fx.status !== 'succeeded') {
     // still initiated or failed; back off and retry, or rely on webhooks
   }
   
5. Pay out USDC to an external wallet

   Send the converted USDC to a destination crypto wallet.

   2023-01-01 (Ivy)

   import Ivy from '@getivy/node-sdk'
   
   const client = new Ivy()
   const payout = await client.payouts.create({
     amount: 100,
     currency: 'USDC',
     destination: {
       type: 'beneficiary',
       financialAddress: {
         type: 'wallet',
         wallet: {
           address: 'YourSolanaWalletAddress',
           blockchain: 'SOL',
         },
       },
     },
   })
   
6. Track the payout

   Monitor payout status in the Dashboard or via webhooks. Funds usually arrive within minutes; on-chain settlement on Ethereum or Polygon can take up to 20 minutes.

Settlements

With a positive Operating Account balance you can use Settlements to automatically sweep your fiat balance to a pre-set USDC wallet:

1. Configure your settlement destination

   Set up your wallet address and settlement frequency (manual, daily, weekly…) with your Augustus representative.

2. Create a settlement

   Use the Settlements feature to automatically convert your fiat balance to USDC and send it to your configured wallet address. The FX swap and payout happen in one operation.

3. Track status

   Monitor settlement status in the Dashboard or via webhooks. Settlements typically complete within minutes.