Transak, a leading web3 payments infrastructure provider, today announced a ‘much-awaited-by-community’ partnership with Uniswap Labs, the creator of a prominent self-custodial cryptocurrency wallet. This collaboration empowers users with a smooth and intuitive on-ramp experience, simplifying their entry point into decentralized finance (DeFi).
The Uniswap Wallet provides users with direct and safe access to the Uniswap Protocol, which is the largest decentralized exchange (DEX) and has processed more than $2 trillion in lifetime volume. Uniswap Wallet users can leverage the protocol’s liquidity to swap thousands of tokens.
However, users still face tremendous barriers when attempting to directly access DeFi platforms and this partnership with Uniswap Labs expands direct-to-DeFi onramp options. Too often, navigating the DeFi ecosystem can involve complex steps, requiring users to juggle multiple accounts and platforms, and acquire crypto from centralized platforms – far from a smooth onboarding process.
This partnership between Transak and Uniswap helps to cut through the red tape and empower users with the opportunity to seamlessly purchase crypto directly through the Uniswap Wallet with a vast array of global and local payment methods powered by Transak.
“Our goal is to make DeFi accessible to everyone,” said Mary Catherine Lader, Chief Operating Officer of Uniswap Labs. “Our partnership with Transak expands our ability to ensure a user-friendly onboarding experience that welcomes newcomers into the world of decentralized finance.”
“We believe that DeFi is revolutionary and every day we try to make it easier for newcomers to use it,” said Mary-Catherine Lader, Chief Operating Officer of Uniswap Labs. “Sometimes onboarding can feel overwhelming, so we’re excited to partner with Transak and create yet another onramp that makes the process seamless.”
On Uniswap, Transak’s robust infrastructure provides support for tokens on 5 networks across 169+ countries. This integration ensures a frictionless experience for Uniswap Wallet users worldwide. They can choose from a diverse range of payment options, including popular choices like Apple Pay, Google Pay, credit/debit cards, alongside 20+ localized payment methods, catering to specific regional preferences.
Now, users can enter DeFi with their government issued currency via Transak and get exposure to over 1,900 trading pairs on Uniswap almost instantly.
“We are thrilled to join forces with Uniswap Wallet to streamline the DeFi journey for users on a global scale,” said Sami Start, CEO & Co-founder of Transak. “This integration aligns perfectly with our mission of fostering a more accessible and inclusive financial ecosystem, empowering everyone to participate in the Web3 revolution.”
About Transak
Transak is the world’s most compliant and largest Web3 payments infrastructure provider, serving over 5 million users across 160 countries. It powers 350+ platforms, facilitating the purchase and sale of digital assets with its API-driven fiat-crypto on/off-ramp, NFT checkout, and other solutions that simplify KYC, compliance, payment methods, and customer support.
Headquartered in Miami, US, and incorporated in Delaware, Transak has a tech hub in Bengaluru and offices in London, Milan, Dubai, and Hong Kong.
For more information, visit transak.com or follow us on x.com/transak and linkedin.com/company/transak
About Uniswap Labs
Uniswap Labs is the largest on-chain marketplace for digital assets and the most trusted name in DeFi. The Uniswap Protocol is the leading source of liquidity across DeFi, processing $2 trillion in lifetime volume. Uniswap Labs builds products that allow users to easily and safely access DeFi, including the Uniswap web and mobile apps and UniswapX. Uniswap Labs makes swapping simple — anytime, anywhere.
This post was last modified on Jul 02, 2024, 08:34 BST 08:34