Partisia zkCrossDEX now supports fiat on-ramp via Transak

Partisia’s zkCrossDEX has exciting news to share: we now support fiat on-ramp through Transak. As an upgrade for our Partisia zkCrossDEX, this integration allows users to directly onboard onto DeFi with just one click using their bank card. This means you can now buy supported tokens on Partisia using your bank card from over 100 fiat currencies.

By integrating Transak into our cutting-edge decentralized exchange, zkCrossDEX, we aim to lower the barriers to seamless fiat-to-crypto conversions. Whether you’re converting USD to $ETH, GBP to $BNB, or INR to $MATIC, zkCross Network promises a lightning-fast, single-click onboarding experience.

For those who have been daunted by the convoluted process of entering DeFi with fiat currencies, zkCross Network delivers a game-changing solution. By radically simplifying fiat-to-crypto conversions, cross-chain transactions, swap initiation, and liquidity pool interactions, zkCross Network is making DeFi remarkably accessible and incredibly user-friendly.

Fiat On-Ramp through Transak:

Transak’s integration into zkCrossDEX makes entering the world of crypto trading easier than ever. The Lite KYC feature allows new users to bypass extensive document-based ID verification, streamlining the entry process. Existing Transak users, who number over 4.5 million, will find the transition to trading on zkCrossDEX seamless. KYC-ed users can start trading immediately without re-verification. For seasoned traders, the Enhanced KYC option supports high-volume transactions, enabling purchases of up to $75,000 in a single transaction.

Supported Countries and Currencies for Bank Card Payments

Fiat Currencies Supported:

CHF, SEK, PLN, NOK, NZD, MXN, DKK, CAD

AUD, CRC, DOP, IDR, ILS, JPY, KRW, MYR

PYG, PEN, PHP, SGD, ZAR, TZS, TRY, BBD

BMD, BGN, CZK, FKP, FJD, GIP, HUF, ISK

JMD, KES, MDL, RON, VND, AOA, BZD, BND

XAF, KMF, DJF, XCD, GEL, GTQ, HNL, HKD

KZT, KGS, MGA, MWK, MRU, MZN, OMR, PGK

RWF, STN, SCR, SBD, SRD, SZL, TJS, TOP

TMT, UYU, USD, EUR, GBP, TWD, BRL, COP

XOF, NGN, GHS, KHR, RSD, BHD, MKD, AMD

KWD, ANG, AZN, BSD, KYD, CDF, CVE, BAM

JOD, TTD, PAB, DZD

Countries Supported:

All countries are supported except those with specific restrictions.

Transak Fee:

• 3.5% + 1 USD for EUR & GBP
• 3.99% + 1 USD for USD & AUD
• 5.5% + 1 USD for other currencies

Important Details to Note:

• If your bank does not support Instant bank transfers, then it may take up to 24–48 hours.
• For some cryptocurrencies, Transak’s minimum buy amount may be greater due to the minimum withdrawal limit of the partner exchanges.
• Transak supports multiple KYC levels starting from Level 1. Each higher level requires more information to verify a user’s account and comes with the benefit of higher transaction and time-based limits. Learn more about Transak’s multi-level KYC solution here.

Unleashing the power of Cross-Chain Solutions

In phase 1 of the project, zkCross Network broke new ground with its cross-chain solutions and swap to earn; leveraging Partisia’s state-of-the-art Multi-Party Computation (MPC) technology for unparalleled privacy and a zero-knowledge layer for enhanced security. This groundbreaking solution automated intricate DeFi processes like swapping and bridging, transforming cross-chain transactions into effortless operations for users at all levels of expertise.

About Transak

Transak is a premier global provider of web3 payment and onboarding infrastructure, connecting traditional finance with crypto assets. With Transak, web3 platforms can offer users from over 160 countries the ability to effortlessly buy or sell crypto assets, while Transak manages the complexities of user KYC, risk monitoring, compliance, payment methods, and customer support.

The product suite from Transak includes extensive fiat-to-crypto services (On/Off-Ramps), a fiat-to-smart-contract solution (Transak One), and a fiat-to-NFT checkout solution. Operating as a regulated, non-custodial payments layer, Transak supports onboarding for over 170 crypto assets across more than 75 blockchains. With over 350 applications, including MetaMask and Coinbase Wallet, relying on its services, Transak is committed to enhancing the accessibility of web3 applications.

About zkCross Network

zkCcross Network is a cross-chain interoperability protocol and a DeFi Infrastructure-as-a-Service provider focused on simplifying and optimizing the movement of value across Web3. It enables fluid asset transfers and interactions across diverse blockchain networks, ensuring privacy, efficiency, and security.

By integrating these comprehensive services, Partisia’s zkCrossDEX and Transak together offer an unmatched, user-friendly DeFi trading experience that bridges the gap between traditional finance and the crypto world.

For more information, visit: Linkedin | X | Medium | Whitepaper