Deposit TSX directly through Fiat Payments on TradeStars
Simpler purchase of Fantasy Stocks opens the door to non-crypto savvy sports fans to join in.
We are thrilled to announce that you can now trade Fantasy Stocks on TradeStars directly by depositing fiat currencies to your TradeStars account.
The integration of fiat gateways will not only make it simpler for our existing users to trade Fantasy Stocks, but also encourage non-crypto savvy sports fans to join in.
Trading Fantasy Stocks on TradeStars
TradeStars is a Play-to-Earn (P2E) Fantasy Sports game developed on Ethereum, where users can trade Fantasy Stocks whose value is directly influenced by real life sports performances. The Fantasy Stocks are implemented through F-NFTs (Fractional Non-Fungible Tokens), and all trades are managed by smart contracts.
Users require the in-game currency TSX to purchase Fantasy Stocks. In fact, TSX is both the utility and the governance token of the TradeStars ecosystem. We have recently launched the TSX staking program as well, where you can earn more TSX rewards simply by locking up your existing funds.
Till now, users had to purchase and deposit TSX into their in-game wallet first before they could perform any trades. TSX is available in major cryptocurrency exchanges, such as PancakeSwap, Uniswap and MEXC.
We understand that this two-step process is still not easy for many of our users. Specially for the ones without experience with blockchain technology, that may pose a high technical barrier of entry to sports lovers.
Well, all that is history now as we have released fiat gateways integration to simplify the process of depositing funds and purchasing Fantasy Stocks in TradeStars!
TradeStars x Transak
We’ve partnered with Transak to provide fiat gateways through which you can directly deposit any of the supported fiat currencies into your TradeStars wallet and purchase TSX. The TSX can then be used to trade Fantasy Stocks as usual.
Transak is a developer integration for fiat-to-crypto payment gateways, whose mission is to make it easier to connect money and data to your blockchain wallets. Transak’s solution integrates local compliance, payment methods, and liquidity from around the world, and allows mainstream people and businesses to access crypto and blockchain.
With this integration, users will be able to fund their Fantasy Stock portfolio through various fiat gateways, such as debit cards, credit cards and bank transfers. Users would first have to complete KYC on Transak, in order to comply with AML laws.
Transak’s payment gateways will support major fiat currencies, including USD, EUR and GBP. We’re also working on supporting UPI payments, which will be integrated into the TradeStars platform soon.
Looking Ahead
We’re always looking forward to offering more features to users, in our quest to build the best Fantasy Sports game available in the market today. With the integration of fiat gateways, depositing funds to your wallet is now as easy as logging onto the game itself.
Sports fans who have kept away from TradeStars due to the involved process of purchasing TSX from crypto exchanges will now be able experience the thrill of P2E Fantasy Sports without any hiccup.
Now you can use the fiat gateways to top up your wallet and buy Fantasy Stocks in a jiffy. Check it out! https://tradestars.app/
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