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 each Transak and Zengo.
Beginning at the moment, Zengo customers can expertise the unparalleled comfort of buying crypto in only a few faucets with the assistance of Transak’s Multi-Stage KYC system and retailer it securely of their non-custodial Zengo wallet whereas bypassing the vulnerabilities of seed phrases.
Transak’s Multi-Stage 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 commonplace for ease of entry and safety within the crypto market. The purpose is to make crypto acquisition environment friendly whereas guaranteeing safe storage.
Transak has established a repute for reliability and trustworthiness, evidenced by its spectacular Trustpilot score of 4.1, primarily based on over 20,000 opinions and catering to a various international buyer base of over 4.5 million.
“At Transak, we consider everybody ought to be capable to entry cryptocurrencies. Whereas ease of entry is essential, safety is undeniably necessary in an ownership-based monetary panorama. Our partnership with Zengo is a superb inflection level of safe and straightforward crypto entry for the plenty,” mentioned Yeshu Agarwal, CTO of Transak.
Zengo has all the time prioritized comfort whereas doubling down on safety — Established in 2018, Zengo was the primary consumer-focused MPC wallet 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 belongings, 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 rankings are a testomony 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 selection for crypto fans and customers worldwide.
Transak helps over 20 fee strategies, together with standard selections like Google Pay and Apple Pay, in addition to numerous localized fee choices.
Understanding the varied wants of its international person base, Transak presents greater than 20 fee choices for Zengo pockets customers, catering to each international and native preferences. Along with extensively used strategies like Google Pay and Apple Pay, Transak helps numerous localized fee strategies, guaranteeing customers worldwide can entry cryptocurrencies in probably the most handy means attainable.
“Integrating Transak into Zengo was a pure development for us, as each corporations share a typical imaginative and prescient of creating 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+ international locations to crypto whereas abstracting the complexity of person KYC, threat monitoring & compliance, fee strategies and buyer assist. Transak’s on/off-ramp widget could be built-in into an app in only a few traces 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 probably the most safe crypto pockets: Self-custodial, by no means hacked. Zengo has no seed phrase vulnerability, as a substitute utilizing MPC cryptography and a 3-factor safe restoration mannequin. Unlock much more safety features equivalent to Legacy Switch, the trade’s first self-custodial inheritance-like system, Theft Safety, and a sophisticated Web3 Firewall with Zengo Professional. Take pleasure in 24/7 in-app buyer assist and be a 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.
Contact
Dan Edelstein
[email protected]
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