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Ronin Network partners with Transak for $0.01 NFT purchases

Ronin Network partners with Transak for $0.01 NFT purchases

Grafa2025/01/10 15:10
By: Liezl Gambe
RON+0.16%SLP+0.22%NFT+0.02%

The Ronin Network has announced a partnership with Transak, aiming to enhance the purchasing experience for NFTs and cryptocurrencies within its gaming ecosystem.

This collaboration allows users to make fiat-to-crypto transactions using familiar payment methods such as credit cards, debit cards, and Apple Pay.

With this integration, gamers can directly purchase Ronin’s native token, USDC (CRYPTO:USDC), Wrapped Ether (CRYPTO:WETH), and Smooth Love Potion (CRYPTO:SLP) without needing prior cryptocurrency purchases.

Etienne Gandon, partnerships manager at Transak, emphasised the importance of access to on-chain assets for gamers, stating that these assets are essential for full engagement with their games.

A key feature of this partnership is the introduction of Transak’s NFT Checkout service on Mavis Market, Ronin's official NFT marketplace.

This service enables users to buy digital assets directly with fiat currency, removing the need for prior crypto purchases and simplifying the transaction process.

Gandon described this innovation as “unequivocally the most advanced fiat-to-NFT solution in the market.”

He highlighted that users can purchase multiple NFTs in a single transaction, with limits starting as low as $0.01.

Looking ahead, Gandon noted that Transak anticipates a growing trend in blockchain gaming platforms simplifying complexities by 2025.

This would allow gamers to interact without managing separate accounts or incurring gas fees directly.

Transak aims to continue reducing blockchain complexity while expanding its services based on user demand.

In October 2024, Transak experienced a data breach affecting 92,000 users due to a phishing attack that compromised sensitive information.

Despite this setback, the partnership with Ronin marks a significant step toward making blockchain gaming more accessible and user-friendly.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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