Transak

New-age Web3 developers grasp the importance of integrating a fiat gateway within their dApps. By enabling users to purchase the crypto they need to interact with Web3, developers can dramatically simplify the onboarding process for new entrants.  The benefit of providing an easy (tightly integrated) way to buy and sell crypto is that users won’t have to go through the hassle of visiting another website or service to get the digital assets required to use a dApp.  Imagine someone downloads…

1inch – the leading decentralized exchange aggregator – has integrated the fiat on-ramp aggregator Transak into the network’s native wallet. 1inch co-founder Sergej Kunz, says the integration will allow a “wider variety of tokens” to be acquired using fiat money. “Fiat” is the term for traditional, national currencies like USD, which require citizens of their respective countries to use them. Considering that most people still trade with these currencies, creating on-ramps from fiat to crypto is necessary for industry adoption.…