A gaming blockchain built on Ethereum (ETH) partners with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets.
According to a new press release, play-to-earn platform Ronin (RON) enters into a partnership with Transak, a platform that allows investors to purchase NFTs and ecosystem tokens using debit and credit cards , just like they would buy anything else online. .
“Transak’s fiat-to-crypto infrastructure is now available on Ronin, providing users with a seamless way to purchase RON, USDC, WETH (Wrapped Ethereum), and SLP (Smooth Love Potion) directly with fiat currencies using credit cards, debit cards and various localized payment methods…
In addition to the rise in fiat power, Transak’s NFT payment is now integrated into Mavis Market, Ronin’s official NFT marketplace. NFT enthusiasts can purchase digital assets directly using their preferred fiat payment methods, avoiding the need for pre-purchased cryptocurrencies.
This feature makes the experience as simple as any traditional e-commerce transaction: simply select the desired NFT, click “Buy with Card” and complete payment securely through Transak.
Additionally, Transak offers other features, such as the ability to purchase NFTs in bulk and in-game NFT microtransactions that could cost as little as $0.01.
As Transak CEO Sami Start said in the press release:
“At Transak, we believe that purchasing NFTs should be as intuitive as purchasing online. That’s why we created the most advanced NFT payment system in the industry, particularly useful for the Web3 gaming industry and platforms like Ronin.
News of the collaboration had little impact on RON as the digital asset is trading at $1.86 at the time of writing, down 1.3% on the day.
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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/WWWoronin/Natalia Siiatovskaia