asia 703 crypto neutral
CoinDCX, an Indian cryptocurrency exchange, has announced the expansion of its self-custody wallet Okto by integrating the major on-ramp platform Transak. This integration will allow users to buy cryptocurrencies such as Bitcoin directly on Okto, using a variety of fiat currencies. The wallet now supports more than 155 jurisdictions, up from the previous 60.The integration of Transak allows users to convert fiat to crypto within the app, rather than having to transfer funds from an external wallet. Okto supports more than 1,000 tokens across multiple chains, including Polygon, Fantom, Avalanche, and others.The process of integrating Transak began in April 2023, and some users in India reported having issues with it as early as August 2023. Transak is a global Web3 payment and onboarding infrastructure provider, connecting traditional finance and digital assets. It is a popular on-ramp solution in the cryptocurrency industry, with platforms like MetaMask, Coinbase, and PancakeSwap utilizing its services.Earlier this week, Transak announced integration with The Open Network’s (TON) wallet Tonkeeper. This event marked Transak’s entry into the TON ecosystem, enabling the wallet to buy Toncoin (TON) directly with fiat from more than 150 countries.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Asia
Countries
Sentiment neutral
Relevance Score 8
People MetaMask, PancakeSwap, Coinbase, Neeraj Khandelwal, Tonkeeper.
Companies MetaMask, PancakeSwap, Transak, Coinbase, CoinDCX
Currencies Unidef, Ethereum, Hong Kong Dollar, Bitcoin, Euro
Securities None

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