Polkamarkets Labs Partners with Transak Finance for fiat-to-crypto payment gateway
Polkamarkets Labs is happy to announce that we’re partnering with Transak Finance! Polkamarkets Labs and Transak Finance will team up to enable POLK and other currencies on the Polkamarkets webapp to be accessible via an easy and compliant fiat onboarding experience. This will allow users to onboard to web3 via normal credit card payments.
If you haven’t already joined our Telegram and Twitter, click here to join the conversation! Please also read this article for more information about Polkamarkets Weekly Prizes and the bulk of activities that Polkamarkets Labs has deployed for the Protocol Incentives.
Transak Finance is a developer integration for a fiat-to-crypto payment gateway, and this partnership will help to explore and allow mainstream people to access crypto, blockchain, and prediction markets industries. It does this by integrating local compliance, payment methods, and liquidity from around the world.
Bringing Traditional Payment Methods to Prediction Markets Protocol
With the help of a different method of payment gateway for fiat-to-crypto integration, Polkamarkets wishes to bring further prediction market adoption to a brand new group of users. This will ensure that we capture a wider audience to the protocol and prediction markets through stability, adaptability, and optionality.
For users with no $MOVR or $POLK in their Metamask, it will be easier to onboard to the Polkamarkets Protocol. Users will be able to get $MOVR or $POLK directly from the Transask widget on the app, and start forecasting the future in seconds!
You can use Transak to buy over 200 cryptocurrencies in 28 countries. Check it out here: https://global.transak.com.
“We are excited to be partnering with Transak Finance to provide an easy regulatory-compliant fiat-to-crypto payment gateway. Compliance when it comes to blockchain-based systems is in its early stages. We at Polkamarkets Labs are committed to staying up to date not only on the regulatory side but also on the technological side.” — Ricardo Marques, Co-Founder of Polkamarkets.
“At Transak we are early believers in the Moonbeam ecosystem and we are thrilled to see it developing with such strong dApps as Polkamarkets. Prediction markets are very innovative and disruptive apps, and Polkamarkets is at the forefront of innovation in this space. I see very strong growth ahead and we couldn’t be more excited to sustain it and bring the next millions of users onboard!” — Alessandro Rabon, Head of Growth of Transak.
About Transak Finance
Transak is an integration for applications to accept fiat-to-crypto deposits and withdrawals from a global user base. It does this by aggregating local compliance, payment methods, and liquidity from around the world. The Transak product is a widget or API that can be integrated into an app in just a few lines of code.
Polkamarkets is an Autonomous Prediction Market Protocol built for cross-chain information exchange and trading where users take positions on outcomes of real-world events–in a decentralized and interoperable platform based on Polkadot.