Zug, Switzerland. December 2, 2021
Dock has integrated with fiat on- and off-ramp platform Transak to allow the purchase of the native token DOCK via bank transfers and card payments.
Transak, a platform for onboarding global users from fiat to crypto and back using local payment methods, is now available for non-crypto buyers wishing to enter the Dock ecosystem. Previously, DOCK was only available for crypto to crypto buyers. Now thanks to Dock’s integration with Transak, non-crypto buyers can purchase DOCK. Operating in over 60 countries worldwide including the United Kingdom, Europe and India. Local payment methods as well as bank transfers and card payments can be used to purchase DOCK.
How it works
In a few simple steps, anyone can own DOCK and participate in governance, staking and transacting on the Dock Network.
To purchase DOCK tokens, head to Dock’s website and click on the Transak widget.
After clicking through and signing up to Transak, purchase DOCK by:
- Entering the amount in local currency that will be bought
- Picking a preferred payment method of bank transfer or card payment
- Clicking “Buy Now”
- Completing Know Your Customer (KYC)
The KYC is an automated process to ensure compliance for both parties that includes necessary details such as name, mobile number and date of birth. With this information, Transak will tailor an individual’s experience for an easy fiat payment the next time they purchase.
Dock CEO Nick Lambert commented on the collaboration: “We’re really excited to be working with Transak in opening up DOCK to a wider audience, enabling non-crypto users to enter our ecosystem.”
Alessandro Raboni, head of growth at Transak commented: “At Transak, we are early believers in the Polkadot ecosystem and we are thrilled to see it developing with such strong solutions and applications like Dock. Dock solves a very important problem in addressing inefficiencies in current data solutions, leveraging blockchain technology. We share with Dock the vision for decentralization, as well as our developer-centric approach — a perfect match.”
No fees for a limited time only
To celebrate this collaboration, Dock will contribute $10,000 toward user transaction fees. On a first-come, first-serve basis, early users will be able to benefit from the convenience of Transak without paying the fees. Once this budget is used up, the full transaction fees apply.
Find out more about Dock
Dock is a platform designed to provide a simple solution for businesses and developers to build, manage and present digital credentials that are instantly verifiable using blockchain technology. To find out more about Dock’s mission head to the website.
The Dock utility token DOCK plays a key role in aligning incentives across all of the Dock network’s participants including issuers, validators, token holders and the Dock Association, ensuring collaboration and growth. Find out more here.
Transak allows mainstream users to buy crypto and increase revenues through a simple developer integration. Transak’s mission is to reduce barriers to financial services making it easier to connect money and data to an individual’s blockchain wallet. Find out more about Transak here.