We’re excited to announce Dock’s collaboration with Transak, a platform for onboarding global users from fiat to crypto and back using local payment methods. Previously, Dock Tokens were only available for crypto to crypto buyers, thanks to Docks Integration with Transak, Dock Tokens can now be bought via bank transfers and card payments.
To celebrate the collaboration, Dock will contribute $10,000 USD toward user transaction fees. This means that early users will get the convenience of Transak without the fees, but you’ll need to be quick, as once the budget is used up the full transaction fees will apply. A small exchange fee will still apply.
How It Works
Transak enables bank transfers and card payments in multiple international currencies in over 60 countries, including the UK, Europe and India. In a few simple steps, you’ll own DOCK tokens and will be able to participate in governance, staking, and transacting on the Dock Network.
Purchase DOCK via the widget on Dock’s website, sign up to Transak and follow the steps below.
- Enter the amount you’d like to purchase in your local currency
- Pick your preferred payment method of bank transfer or card payment
- Click “Buy Now”
- Complete KYC
To ensure compliance, you’ll be asked to enter necessary details such as name, mobile number and DOB, Transak can then tailor your experience for an easy fiat payment the next time you purchase. Purchasing DOCK via Transak is not currently available in the United States, India, China and other select countries. View the full list of supported countries here.
Join the Dock Community
The Dock community expressed their trouble buying DOCK, with it only being available for crypto to crypto users. Taking on board their concerns, Dock engaged Transak to enable purchases via their fiat on/off-ramp. The integration went live on the 1st of December 2021.
Dock has a total supply of 1 Billion tokens, circa 750 Million are in circulating supply owned by DOCK token holders.
Transak has enabled non-crypto holders to purchase DOCK allowing more people to partake in governance, validating, and staking, while ensuring all KYC, AML, and fraud monitoring requirements are met.
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 decentralisation, as well as our developer-centric approach, perfect match!”
Head to dock.io and purchase your DOCK tokens today.