In February 2020 Transak launched its fiat on-ramp integration at ETHDenver. We just so happened to be sitting opposite a team that was hacking a way to connect fiat on-ramps to liquidity outside of the major fiat/crypto pairs. That team was Totle. Totle is a decentralized liquidity aggregator that automatically gets the best pricing available for ERC-20 swaps from Kyber, Bancor, Uniswap, Compound, Fulcrum, PMM, Idle, SetProtocol, CurveFi. They handed their project over to us and we started a new collaboration.
Today we are pleased to unveil our latest feature: Transak now supports direct purchase with fiat of most of the major ERC-20 coins through Totle!
Users can now buy
LINK, MKR, BAT, LEO, HT, PAX, VEN and many more with 🇪🇺 EUR, 🇬🇧 GBP, and 🇮🇳 INR through our widget.
Apps can integrate the Transak widget or API here.
We also added a handy tool: users can now check the prices on Transak by using the ‘Slippage’ tool. The ‘Slippage’ tells you the price of buying that token on Transak versus the best price across all other exchanges.
Transak is a single 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 and putting it in a simple integration. The Transak product is a widget or API that can be integrated into an app in just a few lines of code. Transak is backed by Consensys and graduated from the Tachyon accelerator program.
To learn more about Transak, visit: https://transak.com/