{"id":15136,"date":"2022-12-04T20:03:22","date_gmt":"2022-12-04T20:03:22","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/web3-crypto-onboarding-platform-transak-integrates-with-coinbase-wallet-wallets-bitcoin-news\/"},"modified":"2022-12-04T20:03:22","modified_gmt":"2022-12-04T20:03:22","slug":"web3-crypto-onboarding-platform-transak-integrates-with-coinbase-wallet-wallets-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/web3-crypto-onboarding-platform-transak-integrates-with-coinbase-wallet-wallets-bitcoin-news\/","title":{"rendered":"Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet \u2013 Wallets Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform \u201cas a fiat on-ramp to buy crypto.\u201d Transak\u2019s integration with the Coinbase wallet is coming at a time when more users are becoming \u201caware of the importance of keeping their assets safe, secure, and in their control.\u201d<\/strong><\/p>\n

Overcoming Barriers to Non-Custodial Wallets<\/h2>\n

Transak, a Web3 onboarding infrastructure provider, recently said that users of the Coinbase wallet can now use its platform \u201cas a fiat on-ramp to buy crypto.\u201d According to a statement, the integration \u201ceases [the] onboarding\u201d of users in Southeast Asian countries like Thailand and the Philippines.<\/p>\n

As per a Nov. 29 statement<\/a>, the Coinbase wallet integration announcement followed Transak\u2019s reported recent addition of local payment methods that enable users in the two countries to overcome barriers to non-custodial wallets.<\/p>\n

In the Philippines, users can now buy crypto on Transak using local payment methods such as Gcash, Maya, and Grabpay or through debit and credit cards. Similarly, users in Thailand can buy crypto on Transak with their debit and credit cards and through bank transfers as well.<\/p>\n

The Rising Stock of Self-Hosted Wallets<\/h2>\n

Commenting on the Coinbase wallet integration with Transak, Hassan Ahmed, the regional director at Coinbase in Southeast Asia (SEA), sought to highlight the growing importance of users controlling their own funds. He said:<\/p>\n

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Self-hosted wallets are on the rise, especially as more people become aware of the importance of keeping their assets safe, secure, and in their control. Coinbase Wallet, with its world-class security and ease of use, now integrated with Transak makes it even easier for SEA customers to access crypto and Web3 with peace of mind.<\/p>\n<\/blockquote>\n

For his part, Sami Start, the co-founder and CEO of Transak, said his platform\u2019s integration with Coinbase makes it \u201cmore intuitive for users to participate.\u201d On the other hand, the inclusion of local payment methods means users in these regions can onboard more efficiently while incurring \u201clesser transaction fees overall.\u201d<\/p>\n

What are your thoughts on this story? Let us know what you think in the comments section below.<\/strong><\/em><\/p>\n

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\nTerence Zimwara <\/h6>\n

\nTerence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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