Transak and Etherlink Join Forces to Simplify Web3 Access
Discover how Transak’s integration with Etherlink simplifies Web3 onboarding, enabling easy asset acquisition and enhancing digital accessibility for users worldwide.
Transak, a provider of simplified Web3 payment solutions, has integrated with Etherlink to streamline onboarding users to the Tezos-powered L2. Now, Etherlink’s users can acquire assets without dealing with traditional exchange complexities.
Etherlink is dedicated to improving Web3 accessibility and adoption through its super-fast, fair, and open network. Meanwhile, Transak is committed to promoting financial independence by making next-generation assets accessible.
Transak focuses on empowering users to manage their digital assets through simplified, cutting-edge Web3 payment solutions. The platform supports over 170 cryptocurrencies and serves users in more than 160 countries.
Transak: Simplifying cryptocurrency adoption
Cryptocurrency adoption faces challenges due to the poor user experience, especially in acquiring and managing digital assets on Ethereum Layer 2 (L2) solutions. Although L2s offer scalability and lower transaction costs, the complex processes involved in moving assets between layers can discourage potential users. Transak addresses this issue with its intuitive and user-friendly on-ramp solutions.
Traditionally, users face multiple steps to acquire crypto assets: signing up on an exchange, verifying identity, purchasing cryptocurrencies, and transferring them to a specific L2. Transak simplifies this process with a streamlined interface.
Users can convert their fiat currency directly into crypto assets on Etherlink without navigating between different platforms. Transak’s support for a wide range of payment methods, including bank transfers, credit cards, and over 20 local payment options, enhances this seamless experience.
Transak and Etherlink: Advancing Web3 accessibility
Transak’s expansive global reach and Etherlink’s scalable infrastructure create a powerful synergy, which is particularly beneficial for newcomers to the crypto sphere. Operating worldwide, Transak enables access to multiple local currencies and various payment methods, breaking down entry barriers and catering to diverse user preferences worldwide.
Etherlink offers lightning-fast transaction throughput paired with extremely low fees, which are essential for meeting the demands of a growing user base. With the ability to process thousands of transactions per second, Etherlink ensures swift and reliable transactions, even during peak usage times.
Industries like gaming, supply chain, and digital identity can leverage Etherlink’s scalability and Transak’s on-ramp solutions to innovate and deploy cutting-edge applications.
Building an inclusive digital future
The cornerstone of any blockchain ecosystem’s success is its capacity to effectively draw in and retain users. For Etherlink, this translates to offering a smooth and streamlined onboarding experience, enabling users to seamlessly engage with its expanding array of decentralized applications (dApps) and initiatives.
To stay up-to-date with news and future integrations, follow Etherlink on Twitter and Medium. Join the Discord server to connect with the community, collaborate, and ask questions.
