Posted by Ambire on December 13th, 2021
We are happy to introduce you to Transak — one of the on-ramp providers that make acquiring crypto straight in Ambire Wallet a piece of cake.
What is Transak
Transak is an on-ramp service — a payment provider that allows people to purchase crypto with FIAT currencies. We have integrated it in Ambire wallet to make sure the wallet’s users can quickly and easily buy crypto with their credit or debit cards.
How Transak works
With Transak, you can purchase cryptocurrency by using your credit/debit car or bank transfer, depending on your location. The available methods vary depending on your country of residence, and so does the list of available currencies. You should also keep in mind that when opting in for Transak, you will be required to undergo a quick KYC (“Know your customer”) procedure and provide proof of your identity.
Transak in Ambire Wallet
When you choose to top up your account you will see the Ambire Top-up screen. It lets you choose between:
- Direct deposit of ERC20 tokens to your wallet address; and
- Fiat top-up via Ramp Network, Transak or PayTrie
Choosing Transak will open the Transak window that will guide you through the process. Purchasing crypto with FIAT through Transak can be done in no longer than a few minutes.
Read about all major protocol integrations we are launching Ambire Wallet with:
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