When new users explore cryptocurrency exchanges or wallets, one of their primary concerns is whether they can buy cryptocurrency using their local fiat currency. If a platform doesn’t support fiat transactions or complicates the process, users are likely to move on to another service. Many platforms avoid offering buy and sell features due to the legal complexities of handling fiat transactions and the stringent Know Your Customer (KYC) requirements. However, Transak can be incredibly helpful in solving these challenges by offering a seamless, compliant solution for fiat-to-crypto transactions.
Transak provides exchange and business platforms with easy integration, enabling users to buy and sell cryptocurrency using local fiat currencies in over 169 countries. It supports multiple payment methods, such as credit/debit cards, bank transfers, etc. By handling the KYC processes, Transak lifts the burden of compliance from platforms, ensuring that all user verifications meet global regulatory standards.
Transak is a toolkit that facilitates seamless fiat-to-crypto on-ramping, allowing users to easily purchase cryptocurrencies using traditional payment methods like credit cards, bank transfers, or other fiat gateways. It’s designed to integrate with apps, wallets, and DeFi platforms, offering a user-friendly interface for individual users and developers looking to incorporate crypto purchasing within their dApp, protocol, game, or wallet app. Using the Transak toolkit, platforms can enable users to buy and sell cryptocurrency without implementing their own Know Your Customer (KYC) process. Transak handles the KYC verification directly, ensuring compliance with regulations while simplifying business integration.
Transak was founded in 2019 and is a global web3 infrastructure services provider with registered entities in the USA, the UK, Canada, Australia, Poland, India, UAE, and Hong Kong. The platform is backed by some of the best investors, such as SBI Ven Capital, 3KVC, ISTRI Venture, Zilliqua Capital, WOODSTOCK, Suji Yan, founder of Mask Network, and Sandeep Nailwal, co-founder of Polygon. The leadership team includes 15 members, led by co-founders Sami Start (CEO) and Yeshu Agrwal (CTO).
The main aim of Transak is to allow partners to integrate fiat-to-crypto and crypto-to-fiat buy and sell functionalities into their platforms. This flexibility allows any business willing to engage with cryptocurrency. Here are some uses:
Transak’s On-Ramp functionality offers significant advantages for Web3 gaming platforms, helping them unlock new potential by providing seamless and customizable on- and off-ramp solutions. By integrating Transak, gaming Dapps can:
Cryptocurrency exchange providers can integrate Transak to allow users to buy and sell cryptocurrency effortlessly without needing to manage the complexities of payment processing or the KYC process. Transak takes care of compliance, verification, and transaction handling. Several exchanges, including Bitcoin.com, Changelly, LBank, and ChangeNow, already utilize Transak’s services. Currently, Transak is registered in Canada, USA, UK, UAE, India, Hong Kong, and EU regions, enabling it to offer services. Here’s how Transak provides flexibility and user-centric features:
In addition to cryptocurrency exchanges, wallets can integrate Transak to allow users to buy and sell cryptocurrency directly within the wallet interface. Popular wallets like MetaMask, Trust Wallet, Ledger, and Coinbase Wallet already leverage Transak’s services to offer a seamless user experience for acquiring and liquidating crypto assets.
Managing user data in relation to compliance and security can be a challenge for platforms offering crypto buy-and-sell services. Transak addresses this issue by handling sensitive user information and managing the compliance process.
Transak offers a suite of tools designed to simplify fiat-to-crypto and crypto-to-fiat transactions. Below is an overview of their key offerings:
Transak’s On Ramp feature enables partners to allow users to buy cryptocurrency directly through their app or website. This functionality supports over 170 cryptocurrencies across over 75 blockchains and offers various payment methods, including cards, bank transfers, and other options. Transak operates in 169 countries, providing the flexibility to transact in different fiat currencies, making it a versatile solution for global crypto purchases. Some of its features include:
Here’s how Transak’s buy crypto process works when users proceed from a partner app or website.
The Transak Off-Ramp solution addresses a critical challenge users face when they want to convert their cryptocurrency into fiat. This functionality allows businesses and crypto platforms to offer their users the ability to sell cryptocurrencies for fiat currency in just a few minutes. Through Transak Off-Ramp, users can liquidate over 40 major cryptocurrencies, including USDC, across four major chains.
Several leading platforms, such as MetaMask, TrustWallet, 1Inch, and Beefy Finance, already utilize Transak’s Off-Ramp solution. The key features of this functionality include:
This solution is ideal for platforms looking to enhance their service offerings by simplifying the crypto liquidation process for their users.
Transak’s solution effectively addresses the issue of users lacking gas fees for transactions by enabling them to send cryptocurrency directly to a smart contract using bank transfers or cards. This eliminates the need for users to hold gas tokens or deal with the complexities of blockchain transactions when interacting with a Dapp. Currently, Transak One supports six major EVM-compatible blockchains: Arbitrum, Binance Smart Chain, Ethereum, Immutable Zk-EVM, Polygon, and Optimism. Partners can leverage this multi-chain support in the following use cases:
With NFT Checkout, partners can enable global users to buy NFTs directly on a Dapp using payment methods like credit/debit cards, Apple Pay, or Google Pay. This solution supports major NFT chains and all EVM-compatible chains, simplifying the process by eliminating the need for users to first acquire cryptocurrency or deal with complex blockchain transactions.
Key features of the NFT Checkout solution:
By integrating NFT Checkout, platforms can provide a user-friendly experience, allowing seamless NFT purchases for a wider audience without requiring prior knowledge of crypto wallets or blockchain intricacies.
Businesses that want to engage with cryptocurrency can leverage Transak to enable users to seamlessly buy and sell crypto with fiat currency globally, often within just a few hours. Transak’s corporate on/off-ramp services are licensed across key markets, ensuring businesses receive regulatory support to operate smoothly in multiple regions.
Transak supports many popular payment methods, including Faster Payment, SEPA, and Wire Transfer, allowing users to easily transact using their local currency. Additionally, Transak’s vast network of liquidity partners with over ten major exchanges guarantees that businesses and users alike receive optimal value for every transaction.
Transak can be helpful for businesses, crypto exchanges, and wallets looking to simplify the process of buying and selling cryptocurrency. It offers an easy-to-integrate toolkit that manages fiat-to-crypto transactions, KYC compliance, and global regulatory requirements. In addition to its buy-and-sell functionality, Transak offers features like NFT Checkout and Transak One that further enhance the user experience.
When new users explore cryptocurrency exchanges or wallets, one of their primary concerns is whether they can buy cryptocurrency using their local fiat currency. If a platform doesn’t support fiat transactions or complicates the process, users are likely to move on to another service. Many platforms avoid offering buy and sell features due to the legal complexities of handling fiat transactions and the stringent Know Your Customer (KYC) requirements. However, Transak can be incredibly helpful in solving these challenges by offering a seamless, compliant solution for fiat-to-crypto transactions.
Transak provides exchange and business platforms with easy integration, enabling users to buy and sell cryptocurrency using local fiat currencies in over 169 countries. It supports multiple payment methods, such as credit/debit cards, bank transfers, etc. By handling the KYC processes, Transak lifts the burden of compliance from platforms, ensuring that all user verifications meet global regulatory standards.
Transak is a toolkit that facilitates seamless fiat-to-crypto on-ramping, allowing users to easily purchase cryptocurrencies using traditional payment methods like credit cards, bank transfers, or other fiat gateways. It’s designed to integrate with apps, wallets, and DeFi platforms, offering a user-friendly interface for individual users and developers looking to incorporate crypto purchasing within their dApp, protocol, game, or wallet app. Using the Transak toolkit, platforms can enable users to buy and sell cryptocurrency without implementing their own Know Your Customer (KYC) process. Transak handles the KYC verification directly, ensuring compliance with regulations while simplifying business integration.
Transak was founded in 2019 and is a global web3 infrastructure services provider with registered entities in the USA, the UK, Canada, Australia, Poland, India, UAE, and Hong Kong. The platform is backed by some of the best investors, such as SBI Ven Capital, 3KVC, ISTRI Venture, Zilliqua Capital, WOODSTOCK, Suji Yan, founder of Mask Network, and Sandeep Nailwal, co-founder of Polygon. The leadership team includes 15 members, led by co-founders Sami Start (CEO) and Yeshu Agrwal (CTO).
The main aim of Transak is to allow partners to integrate fiat-to-crypto and crypto-to-fiat buy and sell functionalities into their platforms. This flexibility allows any business willing to engage with cryptocurrency. Here are some uses:
Transak’s On-Ramp functionality offers significant advantages for Web3 gaming platforms, helping them unlock new potential by providing seamless and customizable on- and off-ramp solutions. By integrating Transak, gaming Dapps can:
Cryptocurrency exchange providers can integrate Transak to allow users to buy and sell cryptocurrency effortlessly without needing to manage the complexities of payment processing or the KYC process. Transak takes care of compliance, verification, and transaction handling. Several exchanges, including Bitcoin.com, Changelly, LBank, and ChangeNow, already utilize Transak’s services. Currently, Transak is registered in Canada, USA, UK, UAE, India, Hong Kong, and EU regions, enabling it to offer services. Here’s how Transak provides flexibility and user-centric features:
In addition to cryptocurrency exchanges, wallets can integrate Transak to allow users to buy and sell cryptocurrency directly within the wallet interface. Popular wallets like MetaMask, Trust Wallet, Ledger, and Coinbase Wallet already leverage Transak’s services to offer a seamless user experience for acquiring and liquidating crypto assets.
Managing user data in relation to compliance and security can be a challenge for platforms offering crypto buy-and-sell services. Transak addresses this issue by handling sensitive user information and managing the compliance process.
Transak offers a suite of tools designed to simplify fiat-to-crypto and crypto-to-fiat transactions. Below is an overview of their key offerings:
Transak’s On Ramp feature enables partners to allow users to buy cryptocurrency directly through their app or website. This functionality supports over 170 cryptocurrencies across over 75 blockchains and offers various payment methods, including cards, bank transfers, and other options. Transak operates in 169 countries, providing the flexibility to transact in different fiat currencies, making it a versatile solution for global crypto purchases. Some of its features include:
Here’s how Transak’s buy crypto process works when users proceed from a partner app or website.
The Transak Off-Ramp solution addresses a critical challenge users face when they want to convert their cryptocurrency into fiat. This functionality allows businesses and crypto platforms to offer their users the ability to sell cryptocurrencies for fiat currency in just a few minutes. Through Transak Off-Ramp, users can liquidate over 40 major cryptocurrencies, including USDC, across four major chains.
Several leading platforms, such as MetaMask, TrustWallet, 1Inch, and Beefy Finance, already utilize Transak’s Off-Ramp solution. The key features of this functionality include:
This solution is ideal for platforms looking to enhance their service offerings by simplifying the crypto liquidation process for their users.
Transak’s solution effectively addresses the issue of users lacking gas fees for transactions by enabling them to send cryptocurrency directly to a smart contract using bank transfers or cards. This eliminates the need for users to hold gas tokens or deal with the complexities of blockchain transactions when interacting with a Dapp. Currently, Transak One supports six major EVM-compatible blockchains: Arbitrum, Binance Smart Chain, Ethereum, Immutable Zk-EVM, Polygon, and Optimism. Partners can leverage this multi-chain support in the following use cases:
With NFT Checkout, partners can enable global users to buy NFTs directly on a Dapp using payment methods like credit/debit cards, Apple Pay, or Google Pay. This solution supports major NFT chains and all EVM-compatible chains, simplifying the process by eliminating the need for users to first acquire cryptocurrency or deal with complex blockchain transactions.
Key features of the NFT Checkout solution:
By integrating NFT Checkout, platforms can provide a user-friendly experience, allowing seamless NFT purchases for a wider audience without requiring prior knowledge of crypto wallets or blockchain intricacies.
Businesses that want to engage with cryptocurrency can leverage Transak to enable users to seamlessly buy and sell crypto with fiat currency globally, often within just a few hours. Transak’s corporate on/off-ramp services are licensed across key markets, ensuring businesses receive regulatory support to operate smoothly in multiple regions.
Transak supports many popular payment methods, including Faster Payment, SEPA, and Wire Transfer, allowing users to easily transact using their local currency. Additionally, Transak’s vast network of liquidity partners with over ten major exchanges guarantees that businesses and users alike receive optimal value for every transaction.
Transak can be helpful for businesses, crypto exchanges, and wallets looking to simplify the process of buying and selling cryptocurrency. It offers an easy-to-integrate toolkit that manages fiat-to-crypto transactions, KYC compliance, and global regulatory requirements. In addition to its buy-and-sell functionality, Transak offers features like NFT Checkout and Transak One that further enhance the user experience.