Transak, a leading provider of fiat-to-crypto onboarding solutions, has announced its partnership with Ronin, an EVM-compatible blockchain designed for Web3 Gaming!
This collaboration brings direct fiat payment options for purchasing blockchain tokens and NFTs to Ronin’s platform, facilitating easier global access and interaction for users.
Users of the Ronin network can now buy key ecosystem tokens such as RON, USDC, WETH, and SLP directly using fiat currencies. This integration supports various payment methods including credit cards, debit cards, Apple Pay, Google Pay, and other localized options, covering users in over 160 countries.
“We’re thrilled to welcome Transak to the Ronin ecosystem, further expanding the options for users to seamlessly onramp into Ronin,” said Jeff Zirlin, Sky Mavis Co-Founder and Chief Growth Officer. “With Transak, we’re making it easier than ever to acquire RON and engage with the Ronin ecosystem. Sky Mavis is on a mission to bring economic freedom to everyone, and making Ronin easier to access is a big part of that.”
Transak’s Impact on NFT Marketplaces
The partnership also introduces the Transak NFT Checkout, a pioneering feature now available on Mavis Market, Ronin’s official NFT marketplace. This tool lets users buy NFTs directly with fiat without purchasing cryptocurrency.
As the first and only integrated checkout solution on Mavis Market, it is designed to make buying NFTs as intuitive as online shopping, addressing one of the significant barriers to entry for new users in the NFT space.
“At Transak, we believe that buying NFTs should be as intuitive as shopping online. That’s why we built the most advanced NFT Checkout in the industry that is specifically useful for the Web3 gaming industry and platforms like Ronin,” said Sami Start, CEO of Transak.
Key Features and Benefits of the Transak and Ronin Partnership
- Users can easily switch between fiat and crypto with a few clicks, selecting their desired token, entering their Ronin wallet address, and completing the payment, which is instantly converted to crypto.
- Integrating Transak’s NFT Checkout simplifies buying NFTs, enabling a seamless transaction that mirrors traditional e-commerce experiences.
- With transaction limits as low as $0.01, Transak caters to a range of financial capacities, especially significant in the gaming sector where microtransactions play a crucial
- By removing technical barriers such as the need to manage cryptocurrencies and gas fees, Transak and Ronin are making it easier for newcomers to engage with digital assets and Web3 gaming role.
The collaboration between Transak and Ronin marks a significant milestone in the evolution of blockchain technology for gaming. By integrating direct fiat-to-crypto transactions and simplifying NFT purchases, the partnership is set to expand the reach and accessibility of the Ronin ecosystem, paving the way for more inclusive growth in Web3 gaming and digital collectibles.