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Exciting news for crypto enthusiasts as Transak has successfully integrated with MegaETH, allowing users to buy $ETH directly on the high-speed Layer 2 network using traditional fiat payment methods.
Transak, a leading web3 payments infrastructure provider, has officially partnered with MegaETH, a cutting-edge Ethereum Layer 2 solution.
With this integration, more than 10 million users worldwide can now easily purchase $ETH on MegaETH within seconds using common payment options like credit/debit cards, Apple Pay, Google Pay, SEPA, and more. There is no longer a need for complex bridging processes, centralized exchange accounts, or previous cryptocurrency holdings.
Jack Bushell, Director of Sales at Transak, emphasized that this collaboration aims to streamline the user experience by eliminating unnecessary obstacles. He highlighted MegaETH’s exceptional Ethereum performance that aligns with real-world expectations and expressed excitement for users to seamlessly engage with the platform using familiar payment methods without any setup or complications.
Both companies believe that Transak’s direct fiat on-ramp will unlock new possibilities for MegaETH’s high-frequency applications, including real-time DeFi trading, on-chain gaming, AI interactions, streaming payments, and micro-transactions, making them more accessible to mainstream audiences.
This integration coincides with MegaETH’s recent launch of its Frontier mainnet for developers and precedes the upcoming “OMEGA” phase, which will introduce the platform to a wider audience. Additionally, Transak has hinted at the inclusion of popular stablecoins in the near future to enhance DeFi liquidity and facilitate seamless payments on the network.
Read more: Ethereum price outlook: Bitmine’s Tom Lee says bottom may be near
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