Transak Becomes First Fiat-to-Cryptocurrency Portal in the US to Offer Wire Transfers

Transak has announced the launch of wire transfers as a new payment method for cryptocurrency purchases for users in the U.S., a move that aims to provide a wider variety of payment options and thus improve the overall user experience, financefeeds reports.

Transak is said to be the first and only fiat-to-cryptocurrency portal to offer wire transfers at a 1% fee, with 13 partners already on board.