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 serious focus space for Transak and Zengo.
Beginning right now, Zengo customers can expertise the unparalleled comfort of buying crypto in just some faucets with the assistance of Transak’s Multi-Degree KYC system and retailer it securely of their non-custodial Zengo wallet 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, ranging 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 guaranteeing safe storage.
Transak has established a repute for reliability and trustworthiness, evidenced by its spectacular Trustpilot ranking of 4.1, based mostly on over 20,000 evaluations and catering to a various world buyer base of over 4.5 million.
“At Transak, we believe everyone should be able to access cryptocurrencies. While ease of access is crucial, security is undeniably important in an ownership-based financial landscape. Our partnership with Zengo is a great inflection point of secure and easy crypto access for the masses,” 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 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 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 ranking of 4.2 and a Capterra ranking of 4.7. These rankings testify to Zengo’s dedication to excellence and buyer satisfaction within the digital pockets area. With a sturdy 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 fashionable selections like Google Pay and Apple Pay, in addition to varied localized fee choices.
Understanding the varied wants of its world person base, Transak presents greater than 20 fee choices for Zengo pockets customers, catering to each world and native preferences. Along with broadly used strategies like Google Pay and Apple Pay, Transak helps varied localized fee strategies, guaranteeing customers worldwide can entry cryptocurrencies in essentially the most handy approach doable.
“Integrating Transak into Zengo was a natural progression for us, as both companies share a common vision of making cryptocurrencies more accessible. While Transak excels in providing an efficient acquisition experience, Zengo complements this by focusing on seamless storage and usage. This integration is a perfect alignment of our complementary strengths, aiming to offer our users 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, fee strategies and buyer help. Transak’s on/off-ramp widget might be built-in into an app in just some 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 comply with 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 a substitute utilizing MPC cryptography and a 3-factor safe restoration mannequin. Unlock much more security measures similar 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 help and be a part of over 1 million prospects to purchase, commerce, and safe crypto and NFTs.
Go to www.zengo.com or comply with Zengo on https://twitter.com/ZenGo.
Dan Edelstein
[email protected]
