CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
sp
Home » Projects » Transak Launches Crypto-to-Fiat Off-Ramp for Over 40 Crypto Assets

Transak Launches Crypto-to-Fiat Off-Ramp for Over 40 Crypto Assets

Author: Danish Yasin

Last Updated Nov 11, 2022 @ 14:12
Getting your audio player ready...

The events of recent days have highlighted the importance of functioning and reliable on- and off-ramps.

Transak, a leading Web3 onboarding infrastructure provider, is taking a step in this direction, announcing the launch of its crypto-to-fiat off-ramping service. Let’s unpack.

photo_2022-11-10_17-36-10

What is Transak?

Transak is a leading Web3 onboarding infrastructure provider. Its API-driven solutions enable web3 platforms to onboard users to 130+ crypto assets from 125+ countries, abstracting away the complexity of user KYC, risk monitoring & compliance, payment methods, and customer support.

Transak’s On-Ramp widget can be integrated into an app in just a few lines of code. Transak is backed by top VCs, including Consensys, Animoca Brands, and graduated from the Tachyon accelerator program.

Fiat-to-Crypto Off-Ramp

The team has just announced the launch of its new crypto-to-fiat off-ramping service.

Currently, the process of selling crypto is very long and involves risk. With this solution, a user just needs to access Transak from any of the leading dApps, choose a crypto asset, enter the amount they want to off-ramp, provide their bank account details and make the transaction.

This enables not only native users to move their funds but also gives non-native users the confidence to interact with web3, as now they have a clear path to liquidate their crypto holdings to fiat anytime.

The service currently supports 40+ crypto assets like Bitcoin, Ethereum, Solana, and also stablecoins like USDC and DAI across multiple chains.

Users from UK and EURO-supported countries can sell their crypto assets via Transak and transfer funds directly into their bank accounts, making the once multi-step and tiring process quite seamless.

The solution is currently available for all users in the UK and EURO-supported countries but will soon expand to 125+ countries like the US, India, and others that are already supported by Transak through its on-ramp solution.

Speaking on the matter was Yeshu Agarwal, CTO of Transak, who said:

We are very excited to announce the release of Transak’s off-ramp services, as we know how important it is for any industry to provide entry and exit options to its users. Without a simpler solution for such transactions, the adoption by mainstream users will always be limited.

Recently integrated by AAVE, Transak is already helping the user onboarding for Metamask, TrustWallet, Ledger, LBank, Decentraland, Splinterlands, Zed.run, Sushi, Quickswap, and others.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Danish Yasin
More posts by this author

Danish is a seasonal writer with more than six years of technical writing experience. He specializes in in-depth review and research of projects and protocols An aspiring Computer Scientist and technology enthusiast. Contact Danish: LinkedIn

Join Our Community

FacebookX YouTubeTelegram


Editorials
How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

11 Best Meme Coins to Watch in June 2025

11 Best Meme Coins to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

7 Best Meme Coin Presales to Watch in June 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in June 2025

11 Best Crypto Presales to Consider in June 2025

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Need for Speed – Only Ultra-Fast Blockchains Will Win the Adoption Race (Opinion)

Join Our Newsletter
Become a CryptoPotato VIP
One Weekly Email Can Change Your Crypto Life.
Sign-up FREE to receive our extended weekly market update and coin analysis report
We NEVER send spam. You can unsubscribe at any time.
Invalid email address
Thanks for subscribing!
Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top
One Daily Email Can Change Your Crypto Life.

Sign-up FREE to receive our extended daily market update and coin analysis report

We never send SPAM. You can unsubscribe at any moment
Invalid email address
Thanks for subscribing!