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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

NBTCBy NBTC23/11/2024No Comments3 Mins Read
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Transak has partnered with Zerion to become the exclusive on-ramp for the ZERϴ Network, a new gas-free EVM-compatible rollup that enhances Ethereum’s scalability. This collaboration sets a new standard for seamless, fee-free crypto onboarding in the Web3 space.

—

Making Web3 Accessible for Everyone

As one of the leading Web3 onboarding infrastructure providers, Transak’s mission is to simplify access to digital assets for users across the globe. With a reputation for building secure and compliant payment solutions, Transak is now extending its services to Zerion, a popular non-custodial wallet used by over 550,000 users.
This integration enables Zerion’s customers to purchase cryptocurrency directly from their wallets using local payment methods—credit and debit cards, as well as bank transfers.
By leveraging Transak’s infrastructure, Zerion is elevating the user experience, making it easier for newcomers to enter the world of Web3. With over 60 DeFi protocols supported, Zerion’s user-friendly wallet continues to be a go-to for crypto enthusiasts, and now, with Transak onboard, the process is smoother than ever.

It’s important to note 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, offers a Layer-2 solution built on zero-knowledge proofs, providing users with near-instant transactions and, most notably, no gas fees. Through a unique sponsorship model, the Zerion Wallet checks if a user’s transaction qualifies for sponsorship based on their activity and, if eligible, covers the gas costs. This allows users to make transactions on the ZERϴ Network without the usual burden of fees.

Transak is fully backing ZERϴ from day one, ensuring that users can easily purchase the necessary tokens for ZERϴ transactions. The partnership also marks a pivotal step in enabling a truly accessible Web3, where high fees are no longer a barrier to entry.

Sami Start, CEO of Transak, expressed his excitement about the partnership:
“Partnering with Zerion to power ZERϴ is a step towards a truly accessible Web3. Zero fees unlock the potential for millions more to participate without feeling the pinch of gas fees.”

Sami Start, CEO of Transak
Kickoff Campaign: Zero Fees, Unlimited Potential

To celebrate this 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 encourage widespread adoption and remove any barriers to entry for new users looking to engage with Web3.

Evgeny Yurtaev, CEO of Zerion, echoed these sentiments, highlighting the game-changing nature of eliminating gas fees:
“With Transak by our side, we’re opening the doors of DeFi and Web3 to everyone, everywhere.”

Evgeny Yurtaev, CEO of Zerion
With Transak already supporting over 170 cryptocurrencies and 75 blockchains across 160 countries, this partnership underscores its critical role in driving Web3 adoption. Transak’s expansive presence and strong relationships with industry leaders like Zerion continue to shape the future of decentralized finance, bridging the gap between traditional finance and the decentralized future.

—

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 suite 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 X and LinkedIn.

About Zerion

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

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NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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