Transak logo

Transak

exchange
Operational

Fiat-to-crypto on-ramp service used by wallets and dApps.

Platform Information

Founded

2019

Headquarters

London, United Kingdom

Two-Factor Authentication

An extra login step that protects your account even if your password is stolen.

Yes

Custodial

The platform holds your crypto on your behalf — you don't control the private keys.

No

KYC Required

Know Your Customer — you must verify your identity before trading or withdrawing.

Yes

Proof of Reserves

The platform publicly proves it holds enough assets to cover all customer funds.

Unknown

Insurance

Customer funds are covered by insurance in the event of a hack or platform failure.

No

About Transak

Transak is a payment infrastructure provider enabling fiat-to-crypto purchases within wallets and decentralised applications. Does not hold user crypto assets — purchased tokens go directly to a user's wallet. FCA registered in the UK. Used by MetaMask, Coinbase Wallet, and many others.

Security & Score

70

Platform Safety Score

70/100Fair

Based on incident history, security features, and track record

No detailed security information available for Transak.

Regulatory Information

Notes

FCA registered in the UK.

Incident History

No incidents recorded for this platform.

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