Weโ€™ve expanded our supported token offerings across key networks to enhance user access and utility. The following tokens have been successfully listed and are now available for on-ramping and off-ramping (where supported):


๐Ÿ†• Newly Listed Tokens

TokenNetwork(s)
CHRChromia
RLUSDEthereum
XAUTEthereum
HYPEHyperEVM, Hyperliquid
ETHFuel
SANDPolygon

These listings reflect our continued commitment to supporting emerging ecosystems, stablecoins, and multichain assets with real-world relevance.

Check complete coverage on transak.com/global-coverage

As part of our ongoing risk management and liquidity optimization, we have delisted the following tokens across multiple networks. Check the list below


๐Ÿ“‰ Delisted Tokens Summary

TokenNetwork
TOWERPolygon
ZERCEthereum
TOWERBase
TOWEREthereum
LOOKSEthereum
REVVPolygon
HTRMainnet
OASOasys
ROSEOasis
ERNEthereum
SUPEREthereum
DAIPalm
FTNBahamut
QUARTZEthereum

๐Ÿ”’ Why?

These delistings are part of our proactive approach to reducing risk exposure, ensuring platform stability, and maintaining a high-quality token offering. We will continue to evaluate token listings based on liquidity, utility, and market conditions.

Transak is now officially registered with AUSTRAC as a Digital Currency Exchange (DCE), reinforcing our commitment to compliance, security, and seamless fiat-to-crypto transactions in Australia. ๐ŸŒ

๐Ÿค Key Updates for Partners & Users

๐Ÿ”น Regulatory Approval โ€“ Transak now operates under AUSTRACโ€™s compliance framework.
๐Ÿ”น Expanded Coverage โ€“ Enables more seamless fiat on/off-ramping for Australian users.
๐Ÿ”น Localized Payment Methods โ€“ Support for local bank transfers & card payments.
๐Ÿ”น Increased Transaction Efficiency โ€“ Faster, cost-effective transactions tailored for the Australian market.
๐Ÿ”น Stronger Compliance & Security โ€“ Ensuring a safer, regulation-compliant experience for all users.

๐Ÿ–ฅ๏ธ Impact on Your Integration

โœ… No action requiredโ€”your integration with Transak remains unchanged.
โœ… Partners can now onboard Australian users with improved payment options.
โœ… Future updates will expand services with even more local payment methods.

๐Ÿ‘‰ For questions or support, reach out to your Transak account manager.

We are informing you that the following tokens have been delisted from Transakโ€™s platform. Please review the changes below to ensure your integrations remain up to date.

๐Ÿ”ด Tokens Disabled

TokenNetwork
WANWanchain
MASKBSC
GARISolana
SUSHIBSC
COMPEthereum
ZENMainnet
AZEROAlephzero
MKREthereum
MOVRMoonriver
WRXBsc
MASKEthereum
POLSEthereum
WAXPWax
VERSEEthereum
GMXArbitrum
CKBNervos
SANDEthereum
SPAArbitrum
JOEAvaxcchain
GLMEthereum
SPSBsc
TTThundercore
VEXTPolygon
UTKMultiversx
ONEMainnet
BATEthereum
NOTTon
1INCHEthereum
ASTRAstar
SUSHIEthereum
EURAEthereum
DOCKMainnet
NEERPioneer
XEMMainnet
XDEFIEthereum

๐Ÿ“Œ What You Need to Do

If you were using any of the disabled tokens, please update your systems accordingly to avoid disruptions. For any questions or assistance, feel free to reach out to our support team.

Thank you for your cooperation.


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?

๐Ÿ‡บ๐Ÿ‡ธ Expanded Regulatory Coverage: Partners can now offer Transakโ€™s crypto purchasing services in Alabama, with more states to follow.
๐Ÿค Enhanced Compliance: Partnering with a licensed entity builds trust and credibility among users who prioritize regulatory compliance.
โšก๏ธ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 goalโ€ 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

๐ŸŒ Global Coverage: https://transak.com/global-coverage
๐Ÿ“ฃ MTL Information: https://transak.com/compliance


We are super excited to launch our Query Params Generator, a game-changing tool that makes integrating Transakโ€™s services smoother than ever.
Now, developers and partners can test and customize the Transak widget without writing any code! ๐Ÿ’ป๐Ÿš€

Key Features:

๐Ÿ”Ž Zero Coding Required:
Explore the full functionality of Transakโ€™s widget without touching your code ๐Ÿ”ง

โšก๏ธCustom On/Off Ramp & NFT Checkout:
Choose from hundreds of parameters to create a unique, tailored experience, one that's truly yours ๐ŸŽฏ

โœ… Shareable Demo Links:
What you make on the query params generator can be easily shared via custom links for effortless collaboration ๐Ÿ”—

๐ŸŽฅ Production & Staging:
Seamlessly test in both environments to ensure smooth, live integration ๐Ÿ› ๏ธ.

Say Yes To:

๐ŸŒ Faster Time to Market: Skip the coding phase and accelerate your integration โšก

๐Ÿ”ฅ Effortless Customization: Make the Transak widget fit your needs perfectly, from payment options to localization ๐ŸŒ

๐Ÿค 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!


๐ŸŒบ Aloha, Hawaii! Transak is Now Live ๐ŸŒด

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

Whatโ€™s New?

๐Ÿ—บ๏ธ Region Expanded: Hawaii, USA

๐ŸŽฏ Mission: Making Web3 easy and accessible for Hawaiians with fast, secure, and user-friendly crypto transactions.

Key Features & Benefits:

๐ŸŒ Seamless Onboarding: Onboard Hawaiian users quickly with secure, multilevel KYC, 170+ cryptos, localised payment methods and more.

๐Ÿ”’ Multi-level Security: Tight security with KYC/AML compliance to keep assets safe.

๐Ÿ’ณ Payment Flexibility: From bank transfers to Apple Pay, weโ€™ve got Hawaii covered.

๐Ÿš€ High Purchase Limits: Ideal for everyone โ€” whether getting started with $30 or diving in deep with high-value transactions.

๐Ÿ’ธ Payment Methods, Fees, & Limits in Hawaii:

๐Ÿ’ณ Payment Method๐ŸŒ Availability๐Ÿ’ฒ Fees๐Ÿ“Š Transaction Limits
Credit/Debit Cardโœ… Available3.99% + 1USD๐Ÿ’ธ Min: $5, Max: $3000 USD per transaction
Apple Payโœ… Available๐Ÿท๏ธ 3.99% per transaction๐Ÿ’ธ Min: $30, Max: $3000 per transaction
Google Payโœ… Available๐Ÿท๏ธ 3.99% per transaction๐Ÿ’ธ Min: $30, Max: $10,000 per transaction

Why Hawaii?

Hawaii isnโ€™t just about stunning beaches ๐Ÿ๏ธ; itโ€™s a thriving and growing crypto community. Weโ€™re here to make crypto onboarding as smooth as a Hawaiian breeze!

Get started now!

Read more about this:

๐ŸŒ Blog: Transak in Hawaii
โšก๏ธ 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 announcementhere), 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.

๐Ÿ”„ Migration Overview:

๐Ÿ—“๏ธ Migration Date: Starting September 4th, 2024, MATIC will be replaced by POL as the native gas token on the Polygon network.

โ†ช๏ธ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.

๐ŸคTransak's Integration: Since we currently list MATIC on the Polygon chain only, the changes will apply specifically to the Polygon network.

๐Ÿ“… On-Ramp Timeline:

Timeline

Description

Action Required

4th Sep 2024, 12 PM UTC

POL token will be listed on Transak.

Prepare for the transition as mentioned below for seamless migration.

4th Sep 2024 โ€“ 4th Oct 2024, 11:59 PM UTC

Only POL tokens will be supported from 4th Sep.
(query params support will be there for MATIC till 4th Oct).

  • *Users can place orders for bothMATIC and POL tokens. However, from September 4th onwards, MATIC will be discontinued, and all orders will be fulfilled with POL on the Polygon on-chain.

4th Oct 2024, 12 PM UTC

MATIC will be delisted

Partners should transition to thePOL token before 4th Oct 2024.
Integrations should be completed by then to change the query params, APIs, webhooks and websockets fromMATIC to POL in cryptoCurrencyList, cryptoCurrencyCode and defaultCryptoCurrency


๐Ÿ“… Off-Ramp Timeline:

TimelineDescription
4th Sep 2024, 12 PM UTCWe support POLfor off-ramp effective from Sep 4th, 2024. and MATIC token will no longer be supported.

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! ๐Ÿ˜Š

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 โšก๏ธ

๐Ÿ“ฒ New Payment Method: Wire transfers for transactions over $2,000.

๐Ÿ’ธ Lower Fees: Only 1%, making it more affordable than other options.

๐Ÿ”ผ Higher Daily Limit: Users can buy up to $25,000 worth of crypto daily.

๐Ÿ” Enhanced Security: Available for users with level 2 KYC verification.


โš™๏ธ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


Wire Transfer vs. Other Payment Methods in the US ๐Ÿ‡บ๐Ÿ‡ธ

Payment MethodFeeProcessing TimeDaily LimitKYC Level RequiredAverage Order ValueKey Features
Wire Transfer1%Up to 3 business daysUp to $25,000Level 2High (16x other methods)Ideal for high-value transactions, cost-effective, and secure.
Credit Card4.5%InstantUp to $2,500Level 1ModerateQuick and convenient, suitable for lower-value transactions.
Apple Pay3.5%InstantUp to $2,000Level 1ModerateConvenient for iOS users, seamless integration with Apple devices.
Google Pay3.5%InstantUp to $2,000Level 1ModerateEasy to use for Android users, supports multiple currencies.
Bank Transfer1.5%1-3 business daysUp to $5,000Level 2HighSecure, suitable for large transactions but slower than other methods.

๐Ÿ‘

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.