Transak, a global leader in Web3 onboarding infrastructure, has announced an exclusive partnership with Zerion, a prominent Web3 wallet provider with over 550,000 users. This collaboration introduces Transak as the exclusive fiat-to-crypto on-ramp for ZERϴ Network, Zerion’s innovative EVM-compatible Layer 2 rollup solution. The integration is a landmark move to simplify access to cryptocurrencies and DeFi for users worldwide.
“Transak’s commitment to user experience aligns perfectly with our vision for ZERϴ. Eliminating gas fees is a game-changer. With Transak by our side, we’re opening the doors of DeFi and Web3 to everyone, everywhere,” said Evgeny Yurtaev, CEO of Zerion.
Making Web3 Accessible with Transak and Zerion
As the exclusive fiat-to-crypto on-ramp for ZERϴ Network, Transak enables Zerion users to purchase cryptocurrencies with ease. This includes support for local payment methods like credit cards, debit cards, and bank transfers. The seamless integration eliminates friction, allowing users to enter the Web3 space directly from their Zerion Wallet without navigating external platforms.
Transak’s infrastructure is designed for reliability, compliance, and security. It is a registered Money Services Business (MSB) under FinCEN, ISO/IEC 27001 certified, and SOC II compliant, ensuring transactions are secure and adhere to stringent international standards.
Known for its user-centric design, Zerion Wallet supports over 60 DeFi protocols, providing a secure and intuitive interface for managing crypto assets and NFTs. With Transak’s integration, Zerion takes a step further by enabling in-app cryptocurrency purchases.
A Zero-Fee Blockchain Revolution
ZERϴ Network, Zerion’s cutting-edge Layer 2 rollup, leverages zero-knowledge proofs to enhance Ethereum scalability. By eliminating gas fees, it offers a frictionless transaction experience, setting new standards for usability and accessibility in Web3. ZERϴ Network introduces an innovative sponsorship model:
- User Verification: Zerion Wallet assesses transaction eligibility for sponsorship using Onchain DNA, a reputation system based on user activity.
- Transaction Validation: If eligible, the wallet signs and submits the transaction to ZERϴ Network.
- Fee Coverage: ZERϴ Paymaster validates the transaction and covers the gas fees, ensuring users experience zero costs for eligible transactions.
Driving Web3 Adoption Together
To mark the partnership and the launch of ZERϴ Network, Zerion and Transak have introduced a limited-time zero-fee campaign. As part of this initiative, Zerion Loyalty Program users outside the UK can purchase ETH on ZERϴ Network without incurring any platform fees. However, users should note that additional costs, such as card processing fees or bank charges, may still apply based on their payment method.
Both companies emphasize the importance of user experience in expanding Web3 adoption. “Partnering with Zerion to power ZERϴ is a step towards a truly accessible Web3. Zero fees unlock the potential for millions more to participate without feeling the pinch of gas fees,” said Sami Start, CEO of Transak.
Transak is the world’s largest and most compliant Web3 payments infrastructure provider, serving over 8.13 million users across 160 countries. It powers 350+ platforms, offering solutions like fiat-crypto on/off-ramps, NFT checkout, and streamlined KYC and compliance systems. Headquartered in Miami, Florida, with a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong, Transak is a cornerstone in the Web3 ecosystem.
Zerion is a user-friendly Web3 wallet that simplifies managing DeFi portfolios and NFTs. With over 500,000 users, it provides multi-chain access, thousands of dApps, and an all-encompassing suite of tools for navigating decentralized finance. Zerion remains committed to building a more inclusive and accessible Web3 landscape.
This partnership between Transak and Zerion represents a transformative step for Web3, combining secure, user-friendly infrastructure with innovative blockchain technology to bring decentralized finance closer to the global audience.
