Transak has announced the launch of the first fiat on-ramps for the newly developed Unichain blockchain, powered by Uniswap Labs. This event marks an important step in simplifying access to decentralized financial solutions.
Significance of Transak and Unichain Integration
Transak becomes the first fiat gateway to be launched on the Unichain platform, enabling users to purchase digital assets using fiat currency without hassle. The new integration promises to make decentralized finance more accessible to a broader audience.
Technical Advantages of Unichain
Unichain addresses known DeFi issues such as high fees, slow processing speeds, and liquidity fragmentation. Built on Ethereum, Unichain reduces costs by up to 95% and provides one-second block times with plans for sub-blocks as fast as 200-250 milliseconds.
Benefits for Users
The integration with Transak will ensure Unichain users a smooth and secure process for acquiring tokens. It supports regulated payment methods like Google Pay and Apple Pay. Aspiring for global accessibility, Transak operates in 160 countries, supporting multiple localized payment methods, making its use convenient and secure.
Transak's partnership with Unichain aids in simplifying access to decentralized finance and strengthens Unichain's position as an innovative platform in the DeFi space.
