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Home»Blockchain»Transak Joins Forces with Zerion Wallet to Enable Zero-Fee Onboarding for the ZERϴ Network
Blockchain

Transak Joins Forces with Zerion Wallet to Enable Zero-Fee Onboarding for the ZERϴ Network

2024-11-23No 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 improves Ethereum’s scalability. This partnership sets a new standard for seamless, free crypto onboarding in the Web3 space.

—

Making Web3 accessible to everyone

As one of the leading providers of Web3 onboarding infrastructure, Transak’s mission is to simplify access to digital assets for users around the world. With a reputation for building secure and compliant payment solutions, Transak is now expanding its services to Zerion, a popular non-custodial wallet used by more than 550,000 users.
This integration allows Zerion’s customers to purchase cryptocurrency directly from their wallets using local payment methods: credit cards, debit cards and bank transfers.
By leveraging Transak’s infrastructure, Zerion improves the user experience, making it easier for newcomers to enter the world of Web3. With over 60 DeFi protocols supported, Zerion’s easy-to-use wallet remains a favorite for crypto enthusiasts, and now, with Transak on board, the process is smoother than ever.

It is important to note that standard card processing and banking fees may still apply depending on the payment method used.

ZERϴ network: a future without costs

Zerion’s latest innovation, the ZERϴ network, offers a Layer-2 solution based on zero-knowledge proofs, allowing users to perform almost instantaneous transactions and, most importantly, no gas fees. Through a unique sponsorship model, Zerion Wallet checks whether a user’s transaction is eligible for sponsorship based on his or her activity and, if eligible, covers gas costs. This allows users to transact on the ZERϴ network without the usual fees.

See also  Ronin Network breaks records with over 20 million unique wallets

Transak fully supports ZERϴ from day one, making it easy for users to purchase the necessary tokens for ZERϴ transactions. The partnership also marks a crucial step in enabling a truly accessible Web3, where high costs are no longer a barrier to entry.

Sami Start, CEO of Transak, expressed his enthusiasm about the collaboration:
“Partnering with Zerion to enable ZERϴ is a step toward a truly accessible Web3. No fees unlock the potential for millions more to participate without feeling the pressure of gas costs.”

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

To celebrate this collaboration, Zerion and Transak have launched a limited-time, zero-fee campaign. Zerion loyalty program users outside the UK can now purchase ETH through Transak on the ZERϴ network at no additional cost. This initiative is intended to encourage widespread adoption and remove any barriers to entry for new users wanting to work with Web3.

Evgeny Yurtaev, CEO of Zerion, echoed these sentiments and emphasized the groundbreaking nature of eliminating gas tariffs:
“With Transak by our side, we open the doors of DeFi and Web3 to everyone, everywhere.”

Evgeny Yurtaev, CEO of Zerion
With Transak already supporting more than 170 cryptocurrencies and 75 blockchains in 160 countries, this partnership underlines its critical role in driving Web3 adoption. Transak’s extensive 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.

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About Transak

Transak is the largest and most compliant provider of Web3 payment infrastructure, trusted by more than 8.13 million users worldwide. Headquartered in Miami, Florida, Transak offers a range of fiat-crypto on/off-ramp solutions that simplify KYC, compliance and payments for more than 350 platforms. For more information, visit transak.com or follow them on X and LinkedIn.

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About Zerion

Zerion is an easy-to-use 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 everyone. Zerion is committed to building a more inclusive and decentralized financial ecosystem.

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enable forces Joins Network Onboarding Transak Wallet Zerion ZeroFee ZERϴ
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