improved

Lite KYC for Offramp

We’re thrilled to announce that Transak has introduced Lite KYC for Off Ramp. This new feature enables users to withdraw their cryptocurrency from fiat for smaller transactions in Giffy, supporting over 100 countries (Please find the supporting countries list on our docs). Lite KYC is ideal for use cases such as gaming, as users can buy or sell crypto with only their basic user details.

Key Features:

  • A frictionless onboarding process to the platform that takes only 30 seconds for smaller transactions.
  • Great for games and developing markets, as it helps onboard users to Web3.

Please refer to the docs to know more about various KYC types and their usage.