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Home»Blockchain»Transak Joins Forces with Zerion Wallet to Power Zero-Fee Onboarding for ZERϴ Network
Blockchain

Transak Joins Forces with Zerion Wallet to Power Zero-Fee Onboarding for ZERϴ Network

November 25, 2024No Comments3 Mins Read
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Making Web3 Accessible for Everyone

Transak has teamed up with Zerion to serve as the exclusive on-ramp for the ZERϴ Network, a revolutionary gas-free EVM-compatible rollup that enhances Ethereum’s scalability. This partnership sets a new standard for seamless, fee-free crypto onboarding in the Web3 space.

Transak’s Mission

As a leading Web3 onboarding infrastructure provider, Transak is dedicated to simplifying access to digital assets for users worldwide. Known for its secure and compliant payment solutions, Transak is now extending its services to Zerion, a popular non-custodial wallet with over 550,000 users. This integration allows Zerion’s customers to purchase cryptocurrency directly from their wallets using local payment methods like credit and debit cards, as well as bank transfers. By leveraging Transak’s infrastructure, Zerion is enhancing the user experience and making it easier for newcomers to enter the world of Web3. With support for over 60 DeFi protocols, Zerion’s user-friendly wallet remains a top choice for crypto enthusiasts, and now, with Transak onboard, the process is more streamlined than ever.

It’s worth noting that standard card processing and bank fees may still apply, depending on the payment method used.

ZERϴ Network: A Zero-Fee Future

Zerion’s latest innovation, the ZERϴ Network, introduces a Layer-2 solution built on zero-knowledge proofs, offering users near-instant transactions and, notably, no gas fees. Through a unique sponsorship model, the Zerion Wallet determines if a user’s transaction qualifies for sponsorship based on their activity and, if eligible, covers the gas costs. This enables users to transact on the ZERϴ Network without the usual burden of fees.

See also  Data Leak Forces Password Reset at Crypto Exchange Poloniex

Transak is fully supporting ZERϴ from its inception, ensuring that users can easily acquire the necessary tokens for ZERϴ transactions. This partnership represents a significant step towards enabling a truly accessible Web3, where high fees are no longer a barrier to entry.

Kickoff Campaign: Zero Fees, Unlimited Potential

To celebrate the partnership, Zerion and Transak have launched a limited-time zero-fee campaign. Users in the Zerion Loyalty Program outside the UK can now purchase ETH using Transak on the ZERϴ Network with no additional fees. This initiative aims to promote widespread adoption and eliminate any barriers to entry for new users looking to engage with Web3.

About Transak

Transak is the largest and most compliant Web3 payments infrastructure provider, trusted by over 8.13 million users worldwide. Headquartered in Miami, Florida, Transak offers a range of fiat-crypto on/off-ramp solutions that simplify KYC, compliance, and payments for over 350 platforms. For more information, visit transak.com or follow them on Twitter and LinkedIn.

About Zerion

Zerion is a user-friendly Web3 wallet that empowers users to have full control over their DeFi and NFT portfolios. With a user base of over 500,000, Zerion supports multiple blockchains and thousands of dApps, providing an easy and accessible Web3 experience for all. Committed to building a more inclusive and decentralized financial ecosystem.

Forces Joins Network onboarding power Transak wallet Zerion ZeroFee ZERϴ
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