Cointime

Download App
iOS & Android

Sushi Integrates Transak Fiat Onramp

Cointime Official

Sushi has announced its partnership with Transak to integrate its fiat on-ramp into the Sushi app, allowing users to buy over 130 cryptocurrencies directly from the app homepage using any of the 21+ local payment methods supported from almost any country in the world.

The integration is a quality-of-life improvement that offers users easier access to DeFi. The Transak fiat on-ramp allows users to buy cryptocurrencies directly via credit card, debit card, Apple Pay or Google Pay. The process of purchasing crypto via the Transak fiat on-ramp is simple and intuitive, with users inputting the currency they wish to pay in, the method of payment, and the token they would like to receive. The integration changes nothing about the Sushi app or any of its underlying contracts, with the only difference being the Buy Crypto option on the user interface.

As mentioned in the announcement, in addition to Transak, there are several other fiat onramps available, including Coinbase, Onramper, Moonpay, Binance, Crypto.com, Kraken, and Simplex.

About Sushi

Sushi is building a comprehensive DeFi ecosystem with AMM, leverage & margin trading platform, token launchpad and NFT artist platform. 

About Transak

Transak is a developer integration toolkit that enables you as an app developer to onboard your users to buy/sell crypto in any blockchain app, website or web plugin. 

Comments

All Comments

Recommended for you

  • Becerra: We Can Start Paying Off Debt When Deficit Reaches 3% of GDP

    U.S. Treasury Secretary Becerra: We can start paying off debt when the deficit reaches 3% of GDP.

  • WTI Crude Oil Surpasses $100 per Barrel, Up 2.04% Intraday

    WTI crude oil has surpassed $100 per barrel, rising 2.04% intraday.

  • ETH Falls Below $2400

    Market data shows that ETH has fallen below $2400, currently priced at $2397.9, with a 24-hour decline of 4.42%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Brent Crude Oil Increases by 2.00% to $105.21 per Barrel

    Brent crude oil has increased by 2.00% today, currently priced at $105.21 per barrel. According to Reuters, shipping sources have reported that oil loading operations at Saudi Arabia's largest port in the Red Sea, Yanbu, have been suspended following attacks on east-west oil pipelines.

  • OpenAI Collaborates with Anthropic and Google on AI Safety Initiatives

    OpenAI is currently collaborating with Anthropic and Google to work on artificial intelligence safety initiatives.

  • U.S. Stock Indices Decline, Dow Jones Falls by 1%

    U.S. stock indices declined, with the Dow Jones falling by 1%.

  • WTI Crude Oil Increases by 2.00% Today

    WTI crude oil has increased by 2.00% today, currently priced at $99.97 per barrel. Brent crude oil has risen by 1.5%, currently priced at $104.68 per barrel.

  • Market Lowers Expectations for ECB Rate Hike, Now Predicts 50% Chance in October

    The market has lowered its expectations for a rate hike by the European Central Bank, now estimating a 50% probability of an increase in October.

  • Besenet: Rising Oil Prices are the Main Reason for 10-Year U.S. Treasury Yield

    On September 15, U.S. Treasury Secretary Besenet stated that rising oil prices are the main reason for the increase in the 10-year U.S. Treasury yield.

  • 20-Year U.S. Treasury Auction Yield Expected to Set Record

    On September 15, at 1 PM New York time, the upcoming reissue auction of 20-year U.S. Treasuries is expected to achieve the highest auction yield for this maturity since it resumed issuance in 2020. A slight bear steepening in the long-end bond market has pushed yields higher. This reissue, sized at $13 billion, has a pre-auction trading yield of approximately 5.41%, which would surpass the record of 5.245% set on October 5, 2023, marking a historical high for this maturity. Last week's coupon-bearing Treasury auction saw strong demand at high yield levels, which could be a potential positive for this 20-year Treasury auction. The yield on the 20-year Treasury reached a high of 5.44% on Tuesday, a historical peak since its resumption. Last week's auctions of 10-year and 30-year U.S. Treasuries had bid yields that were 1.4 basis points and 2.7 basis points lower than the issuance yields, respectively. JPMorgan strategists noted in a report on Monday evening that the macro environment lacks attractiveness, valuations are high, and technical support is insufficient, indicating that this auction may require a larger yield concession to be successfully absorbed. The latest positioning data from the U.S. Commodity Futures Trading Commission shows that speculators hold a net short position of 200,000 traditional Treasury futures, which could create demand for short covering.