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 <p class="paragraph">Transak, a leading fiat-to-crypto gateway solution provider, announced a strategic partnership with Zengo, a self-custodial crypto <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> known for robust seed phrase security <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>.&nbsp;</p>
 <p class="paragraph">The collaboration represents a major step towards simplifying and fortifying the process of purchasing and safeguarding cryptocurrencies.</p>
 <h2 class="wp-block-heading" id="h-understanding-the-transak-zengo-collaboration">Understanding the Transak-Zengo collaboration</h2>
 <p class="paragraph">Central to the partnership is the shared commitment of both platforms to enhance the ease and security of crypto acquisition for end-users.&nbsp;</p>
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 <p class="paragraph">As the first consumer-focused multi-party computation (MPC) <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> to offer institutional-grade security, Zengo swears by its no-seed-phrase architecture, a cutting-edge approach to crypto security leveraging advanced biometrics and threshold signature technology.</p>
 <p class="paragraph">Zengo users can now acquire cryptocurrencies with just a few taps, facilitated by Transak’s Multi-Level know-your-customer (KYC) system, and securely store their assets in the non-custodial Zengo <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a>, all while bypassing the risks associated with seed phrases.</p>
 <p class="paragraph">Transak’s Multi-Level KYC system is designed to enhance user experience by streamlining the onboarding process, offering a range of verification options from Lite KYC, which enables users to onboard in under 30 seconds, to Enhanced KYC, which accommodates high-value transactions up to $75,000.</p>
 <h2 class="wp-block-heading" id="h-what-the-collaboration-brings-to-the-crypto-market">What the collaboration brings to the crypto market</h2>
 <p class="paragraph">Yeshu Agarwal, Transak CEO, emphasized the importance of accessibility and security in the crypto landscape, stating:</p>
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  <p class="paragraph">“At Transak, we believe everyone should be able to access cryptocurrencies. While ease of access is crucial, security is undeniably important in an ownership-based financial landscape. Our partnership with Zengo is a great inflection point of secure and easy crypto access for the masses.”</p> <cite>— Yeshu Agarwal, Transak CEO</cite>
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 <p class="paragraph">The integration of Transak into Zengo reflects a natural synergy between the two companies, driven by a shared vision of democratizing crypto.&nbsp;</p>
 <p class="paragraph">Ouriel Ohayon, CEO of Zengo, highlighted this alignment, saying:</p>
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  <p class="paragraph"><strong>“</strong>Integrating Transak into Zengo was a natural progression for us, as both companies share a common vision of making cryptocurrencies more accessible. While Transak excels in providing an efficient acquisition experience, Zengo complements this by focusing on seamless storage and usage. This integration is a perfect alignment of our complementary strengths, aiming to offer our users a holistic crypto journey.”</p> <cite>— Ouriel Ohayon, CEO of Zengo</cite>
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 <p class="paragraph">Transak meets the needs of its global users by providing over 20 payment options for Zengo <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> users, including popular choices like Google Pay and Apple Pay and more localized venues.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/zengo-wallet-integrates-transak-tbt80513.html">https://thebittimes.com/zengo-wallet-integrates-transak-tbt80513.html</a></p>

Zengo wallet integrates Transak

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