Launch Date: December 13, 2024

We are proud to launch a new way to sell.
Introducing Transak Stream, One-click stablecoin and crypto off-ramping.
Enabling the world to move between crypto and fiat like a stream.

👍

The New Way

Your users can now Off-Ramp by simply sending crypto from your app to Transak Stream Address—no orders, no flows, just instant crypto-to-cash- within seconds.

📍Product Flow

🔑 Key Features

🔓 Integrate Now to Unlock

🌐 Connect to Stream Now:

• **Read Documentation**
• Connect with Stream Expert
• Learn More about Stream
• Stream in the News

We are proud and excited to announce that we have obtained our first Money Transmitter License (MTL) from the Alabama Securities Commission. This milestone strengthens our compliance infrastructure in the U.S. and furthers our mission to make cryptocurrency more accessible across the country.

What does it mean for our Partners?

🇺🇸 Expanded Regulatory Coverage: Partners can now offer Transak’s crypto purchasing services in Alabama, with more states to follow.
🤝 Enhanced Compliance: Partnering with a licensed entity builds trust and credibility among users who prioritize regulatory compliance.
⚡️Faster Service: With official licensing, we will take our rails in Alabama and be able to offer an enhanced experience with a wider range of crypto, fiat and payment methods and better support.

"The U.S. is one of our largest markets, and we are committed to delivering the best possible services here. Securing state licenses like this one is essential to achieving that goal” said Sami Start, CEO of Transak.

Transak now services nearly every state in the U.S., allowing customers to purchase cryptocurrency in 46 states, with more to come!

Know more about our

🌐 Global Coverage: https://transak.com/global-coverage
📣 MTL Information: https://transak.com/compliance

We are super excited to launch our Query Params Generator, a game-changing tool that makes integrating Transak’s services smoother than ever.
Now, developers and partners can test and customize the Transak widget without writing any code! 💻🚀

Key Features:

🔎 Zero Coding Required:
Explore the full functionality of Transak’s widget without touching your code 🔧

⚡️Custom On/Off Ramp & NFT Checkout:
Choose from hundreds of parameters to create a unique, tailored experience, one that's truly yours 🎯

✅ Shareable Demo Links:
What you make on the query params generator can be easily shared via custom links for effortless collaboration 🔗

🎥 Production & Staging:
Seamlessly test in both environments to ensure smooth, live integration 🛠️.

Say Yes To:

🌏 Faster Time to Market: Skip the coding phase and accelerate your integration ⚡

🔥 Effortless Customization: Make the Transak widget fit your needs perfectly, from payment options to localization 🌍

🤝 Collaborative Testing: Share demo links with teams and clients for feedback, without committing to code changes

Get started now: Try the Query Params Generator today and enjoy faster, smoother integrations!

🌺 Aloha, Hawaii! Transak is Now Live 🌴

We’re excited to be a part of the Web3 wave in Hawaii, enabling seamless fiat <> crypto transition.

What’s New?

🗺️ Region Expanded: Hawaii, USA

🎯 Mission: Making Web3 easy and accessible for Hawaiians with fast, secure, and user-friendly crypto transactions.

Key Features & Benefits:

🌐 Seamless Onboarding: Onboard Hawaiian users quickly with secure, multilevel KYC, 170+ cryptos, localised payment methods and more.

🔒 Multi-level Security: Tight security with KYC/AML compliance to keep assets safe.

💳 Payment Flexibility: From bank transfers to Apple Pay, we’ve got Hawaii covered.

🚀 High Purchase Limits: Ideal for everyone — whether getting started with $30 or diving in deep with high-value transactions.

💸 Payment Methods, Fees, & Limits in Hawaii:

Why Hawaii?

Hawaii isn’t just about stunning beaches 🏝️; it’s a thriving and growing crypto community. We’re here to make crypto onboarding as smooth as a Hawaiian breeze!

Get started now!

Read more about this:

🌐 Blog: Transak in Hawaii
⚡️ Transak's Global Coverage

We want to inform you of an important change regarding the upcoming migration of the Polygon network from MATIC to the new POL token.
As per the recent announcement by Polygon (read the official announcement here), this migration will affect all chains that support the MATIC token on Polygon, Ethereum, and Polygon zkEVM.

Here's what you need to know about how this change impacts your integration with Transak.

🔄 Migration Overview:

🗓️ Migration Date: Starting September 4th, 2024, MATIC will be replaced by POL as the native gas token on the Polygon network.

↪️Automatic Conversion: For MATIC holders on the Polygon network, your MATIC will automatically convert to POL at a 1:1 ratio. No action is required from MATIC holders.

🤝Transak's Integration: Since we currently list MATIC on the Polygon chain only, the changes will apply specifically to the Polygon network.

📅 On-Ramp Timeline:

📅 Off-Ramp Timeline:

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We are committed to ensuring a smooth transition and are here to support you during this change. Please reach out to your Transak account manager if you have any questions or need further assistance.

Thank you for your continued partnership! 😊

Transak becomes the first global on-ramp to enable Wire transfers

Starting today, all the 350+ partners using Transak can provide US users with greater flexibility and convenience of seamless fiat-to-crypto on-ramp using Wire.

Key Highlights ⚡️

📲 New Payment Method: Wire transfers for transactions over $2,000.

💸 Lower Fees: Only 1%, making it more affordable than other options.

🔼 Higher Daily Limit: Users can buy up to $25,000 worth of crypto daily.

🔐 Enhanced Security: Available for users with level 2 KYC verification.

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⚙️Development Guide

To enable wire transfers for your widget, simply add the query parameter pm_us_wire_bank_transfer.

For the full details, check out our payment methods guide

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Wire Transfer vs. Other Payment Methods in the US 🇺🇸

👍

Summary

Wire transfers offer a significant advantage for users looking to make large cryptocurrency purchases. With lower fees, higher daily limits, and robust security measures, Transak's new payment method is designed to streamline and enhance the user experience.

As part of our ongoing efforts to optimize our services and comply with industry standards (Binance announcement), we are announcing a significant update to our platform.
Starting July 10, 2024, at 05:30 AM UTC, Transak will no longer support BNB (mainnet) and BAT Tokens on the BNB Beacon Chain, as Binance is set to deprecate its Beacon Chain and merge it with the BSC Chain.
This change applies to all our On-ramp and Off-ramp products.

Impact of Change: 💥

🔒 BNB and BAT will not be available for transactions (both buying and selling) on the BNB Beacon Chain network through Transak.
📝 Users are advised to complete or cancel any pending transactions involving the mentioned tokens.
🚫 Any attempts to transact with BNB or BAT on the Beacon Chain will not be processed.

Action Required: 🚨

We urge all our partners and users to update their systems accordingly to ensure a seamless transition.

Please remove or disable BNB and BAT options on your platforms for the BNB Beacon Chain network to prevent any user inconveniences or transactional errors.

Support and Queries: 🤝

We understand that changes like these can be challenging. Our team is here to assist you in making this transition as smooth as possible. For any queries or assistance, please do not hesitate to reach out to us at [email protected].

We appreciate your understanding and cooperation as we continue to evolve our platform to better serve your needs. Thank you for your continued partnership and trust in Transak.

We have now enabled Mastercard payouts in the United States!

Users in the US region can now experience seamless Off-Ramp capabilities via Mastercard, expanding our payment options for your connivence.

What's New:

💳 Mastercard Payouts
Along with Visa, we now support crypto Off-Ramp payouts directly to your Mastercard.

🚀 Enhanced Convenience
Enjoy faster, smoother transactions with Mastercard, ensuring a seamless Off-Ramp experience.

How to Use:

Experience the convenience of Mastercard payouts today.

Get orders API just got an upgrade ➡️ We've added a new filter query parameter for our API orders: filter[walletAddress].

This new addition allows you to search API orders based on the wallet address, making it easier to find specific transactions.

What's New?

↓ Filter Parameter: Added filter[walletAddress] for API orders.

🔎 Search by Wallet Address: Easily search and filter orders using the wallet address.

✅ Improved Order Management: Simplifies the process of finding specific transactions based on wallet information.

For more details, check out our documentation.

We are excited to announce the launch of our new tool, the Transak Query Parameters Generator, available on our website at Query Params Generator .

Play around with the parameters to test how you can completely customise the widget to work the way you want.

This tool is designed to help you experiment with various query parameters in a controlled sandbox environment.

It also offers detailed insights into our features, such as skipping the flow and customising the widget using our White label integration approach.

Experiment with different query parameters in an interactive sandbox environment to gain comprehensive insights and a deeper understanding of their capabilities, enabling easy customisation and faster onboarding, while accessing all supported fiat currencies and cryptocurrencies through our integrated APIs.