According to Transak, Coinbase users are self-managed Southeast Asia wallets can now use the Web3 onboarding platform “as fiat currency for the purchase of cryptocurrencies.” Transak’s integration with his Coinbase wallet comes at a time when more users are “recognizing the importance of keeping their assets safe, secure and in control.”
Overcoming Barriers to Non-Custodial Wallets
Web3 Onboarding Infrastructure His provider, His Transak, recently announced that users of Coinbase wallets would turn its platform into a “fiat currency.” ‘as an entrance to’. buy crypto According to a statement, the integration will “facilitate onboarding” for users in Southeast Asian countries such as Thailand and the Philippines.
According to a statement of 29 November, the announcement of the Coinbase wallet integration follows Transak’s recently reported addition of local payment methods, and users in the two countries have started using non-custodial wallets. It enables us to overcome barriers to
In the Philippines, users can now purchase cryptocurrencies on Transak using local payment methods such as Gcash, Maya, Grabpay, or debit and credit cards. Similarly, Thai users can also use their debit and credit cards on Transak to buy cryptocurrencies via bank transfer.
The rise of self-hosted wallets
Commenting on the integration of Coinbase wallets and his Transak, Hassan Ahmed, Regional Director of Coinbase in Southeast Asia (SEA), said: I tried to emphasize that it is becoming more and more important. Number of users managing their own funds. He said:
Self-hosting is becoming increasingly popular, especially as more people realize the importance of keeping their assets safe and under their own control. Type wallets are on the rise. With world-class security and ease of use, his Coinbase Wallet is now integrated with Transak, giving SEA customers worry-free access to crypto and his Web3.
Transak co-founder and CEO Sami Start said that his platform’s integration with his Coinbase “makes it more intuitive for users to participate.” It has become.” On the other hand, the inclusion of local payment methods means users in these regions can be onboarded more efficiently, incurring “lower transaction fees overall.”
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