Transak, a leading Web3 onboarding infrastructure provider, launched its crypto-to-fiat off-ramping services. As of today, users can off-ramp 40+ crypto assets including but not limited to Bitcoin, Ethereum, Solana and stablecoins like USDC, DAI, USDT and others across multiple chains. Holders from UK and EU countries can sell their crypto assets via Transak and transfer funds directly into their bank accounts, shortening the multi-step process.
The process of selling crypto is often long and risky. With Transak’s solution, a user just needs to access Transak from any of the leading dApps, choose a crypto asset, enter the amount they want to off-ramp, provide their bank account details and make the transaction. This not only enables native users to move their funds, but also gives non-native users the confidence in interacting with Web3, as now they have a clear path to liquidate their crypto holdings to fiat anytime.
Transak is one of the first solutions across the industry to enable off-ramping to fiat from 40+ crypto assets, giving users the ability to move their funds easily. This option is currently available for all users in UK and EURO supported countries but will soon expand to 125+ countries like US, India and others which are already supported by Transak through its on-ramp solution.
Recently integrated by AAVE, Transak is already the main choice of user onboarding for Metamask, TrustWallet, Ledger, LBank, Decentraland, Splinterlands, Zed.run, Sushi, Quickswap and others. Initially released in stealth mode for a few dApps back in July 2022, the solution is now ready for integration by most of Transak’s 100+ supported dApps. The release of Transak’s off-ramp services comes as an important step in providing entry and exit options to the users as well as facilitating mass-adoption.
Transak keeps its commitment to lead the industry to a more simplified version of Web3 and supports the vision of onboarding billion users, making crypto adoption possible for mainstream users.
If you are interested to learn more about Transak’s Off-Ramp solution, sign up for a webinar hosted by Transakon November 24, 2022 to learn more details about its features and integration steps. Developers can also visit transak.com/off-ramp to try off-ramp and start integrating.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.