Transak, a leading fiat-to-crypto gateway solutions provider, has announced a strategic partnership with Zengo Wallet, a pioneering self-custodial crypto wallet known for its innovative security features.
This collaboration is poised to revolutionize the process of buying and storing cryptocurrencies, providing Zengo users with a seamless experience in acquiring and safeguarding digital assets.
So, starting immediately, Zengo users can enjoy the convenience of purchasing crypto effortlessly through Transak’s Multi-Level KYC system. This integration aims to simplify the onboarding process for mainstream users, offering a range of verification options. From Lite KYC, enabling quick onboarding in just 30 seconds, to Enhanced KYC, allowing high-value transactions up to $75,000, Transak ensures a tailored user experience.
By eliminating cumbersome onboarding processes, Transak and Zengo are setting a new standard for ease of access and security in the crypto market. The primary goal is to make crypto acquisition efficient while ensuring secure storage, addressing both accessibility and safety concerns.
Transak & Zengo Wallet Partnership to Secure Crypto Transactions
Moreover, Transak has earned a reputation for reliability and trustworthiness, boasting an impressive Trustpilot rating of 4.1 based on over 20,000 reviews. With a customer base exceeding 4.5 million globally, Transak continues to be a preferred choice for users seeking reliable fiat-to-crypto gateway solutions.
Yeshu Agarwal, CTO of Transak, stated, “Our partnership with Zengo is a great inflection point of secure and easy crypto access for the masses. While ease of access is crucial, security is undeniably important in an ownership-based financial landscape.”
Established in 2018, Zengo has consistently prioritized convenience and security. Recognized for its consumer-focused MPC wallet with institutional-grade security, Zengo’s no-seed-phrase wallet architecture employs advanced biometric and threshold signature technologies, providing users with a secure environment for storing digital assets.
Ouriel Ohayon, CEO of Zengo, expressed, “Integrating Transak into Zengo was a natural progression for us. This integration is a perfect alignment of our complementary strengths, aiming to offer our users a holistic crypto journey.”
Transak supports over 20 payment methods, including popular choices like Google Pay and Apple Pay, as well as various localized payment options. Understanding the diverse needs of its global user base, Transak ensures Zengo wallet users have access to more than 20 payment options, catering to both global and local preferences.
This collaboration between Transak and Zengo marks a significant milestone in the evolution of crypto transactions, promising users a secure, efficient, and user-friendly experience. As both companies continue to grow their user bases, they reinforce their commitment to making cryptocurrencies more accessible to users worldwide.
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