Miami, Florida, February twenty second, 2024, Chainwire
Transak, a pacesetter in fiat-to-crypto gateway options, is thrilled to announce its strategic integration with Zengo pockets, the pioneering self-custodial crypto pockets with no seed phrase vulnerability. This collaboration marks a major stride in simplifying and securing the method of shopping for and storing cryptocurrencies.
On the core of this integration lies the promise of environment friendly crypto acquisition for end-users — a significant focus space for Transak and Zengo.
Beginning in the present day, Zengo customers can expertise the unparalleled comfort of buying crypto in only a few faucets with the assistance of Transak’s Multi-Degree KYC system and retailer it securely of their non-custodial Zengo pockets whereas bypassing the vulnerabilities of seed phrases.
Transak’s Multi-Degree KYC system is crafted to raise the person expertise, streamlining the onboarding course of for mainstream customers. It presents a spectrum of verification processes, starting from Lite KYC, which allows customers to get onboard in as little as 30 seconds, to Enhanced KYC, which permits for high-value transactions as much as $75,000.
By eliminating prolonged onboarding processes, Transak and Zengo are setting a brand new normal for ease of entry and safety within the crypto market. The objective is to make crypto acquisition environment friendly whereas making certain safe storage.
Transak has established a status for reliability and trustworthiness, evidenced by its spectacular Trustpilot score of 4.1, primarily based on over 20,000 critiques and catering to a various international buyer base of over 4.5 million.
“At Transak, we imagine everybody ought to have the ability to entry cryptocurrencies. Whereas ease of entry is essential, safety is undeniably vital in an ownership-based monetary panorama. Our partnership with Zengo is a superb inflection level of safe and simple crypto entry for the plenty,” mentioned Yeshu Agarwal, CTO of Transak.
Zengo has at all times prioritized comfort whereas doubling down on safety — Established in 2018, Zengo was the primary consumer-focused MPC pockets to supply institutional-grade safety to common customers.
Zengo’s no-seed-phrase pockets structure stands on the forefront of crypto safety. Leveraging state-of-the-art biometric and threshold signature applied sciences, Zengo gives a safe atmosphere for customers to retailer their digital property, free from the dangers related to conventional seed phrases.
Zengo, too, has earned notable recognition for its product supply, as mirrored in its spectacular Trustpilot score of 4.2 and a Capterra score of 4.7. These scores testify to Zengo’s dedication to excellence and buyer satisfaction within the digital pockets area. With a strong and steadily rising person base of over 1 million, Zengo continues to set excessive requirements within the trade, reinforcing its place as a trusted and dependable alternative for crypto fans and customers worldwide.
Transak helps over 20 cost strategies, together with in style selections like Google Pay and Apple Pay, in addition to numerous localized cost choices.
Understanding the various wants of its international person base, Transak presents greater than 20 cost choices for Zengo pockets customers, catering to each international and native preferences. Along with broadly used strategies like Google Pay and Apple Pay, Transak helps numerous localized cost strategies, making certain customers worldwide can entry cryptocurrencies in essentially the most handy method doable.
“Integrating Transak into Zengo was a pure development for us, as each corporations share a standard imaginative and prescient of constructing cryptocurrencies extra accessible. Whereas Transak excels in offering an environment friendly acquisition expertise, Zengo enhances this by specializing in seamless storage and utilization. This integration is an ideal alignment of our complementary strengths, aiming to supply our customers a holistic crypto journey,” mentioned Ouriel Ohayon, CEO of Zengo.
About Transak
Transak is a number one Web3 onboarding infrastructure supplier. Its API-driven options allow Web3 platforms to onboard customers from 150+ nations to crypto whereas abstracting the complexity of person KYC, danger monitoring & compliance, cost strategies and buyer assist. Transak’s on/off-ramp widget may be built-in into an app in only a few strains of code. Transak is a product of the Tachyon accelerator program and is backed by prime VCs together with Consensys and Animoca Manufacturers.
For extra data, go to transak.com or observe on twitter.com/transak
About Zengo Pockets
Zengo is essentially the most safe crypto pockets: Self-custodial, by no means hacked. Zengo has no seed phrase vulnerability, as an alternative utilizing MPC cryptography and a 3-factor safe restoration mannequin. Unlock much more security measures equivalent to Legacy Switch, the trade’s first self-custodial inheritance-like system, Theft Safety, and a complicated Web3 Firewall with Zengo Professional. Get pleasure from 24/7 in-app buyer assist and be part of over 1 million prospects to purchase, commerce, and safe crypto and NFTs.
Go to www.zengo.com or observe Zengo on https://twitter.com/ZenGo.
Dan Edelstein
[email protected]