BYDFi
- No KYC needed to trade or withdraw, up to $50,000 a day
- 527+ spot coins, including many small altcoins
2 of the 80 exchanges we track accept Transak deposits, ranked by CWR Score. The list below is checked against your country.
Exchanges with a CWR Score of 7 or higher and no security incident in the last 12 months.Every exchange that accepts Transak.
Pick a different country above, or browse all reviews.
Also accepting Transak, but restricted in your country: BYDFi, Phemex,
Transak is a payment service that turns regular money into crypto. It’s built to sit inside other apps: wallets, fintech tools and some exchanges embed it so you can pay by card or bank transfer and get crypto without leaving the app. Its home currency range is broad, covering 76 fiat currencies.
Paying an exchange with Transak means you verify your identity with Transak itself, then pay from a card or bank account in your own name. You don’t hand your bank login to the exchange. Once the crypto has been sent on-chain, the transfer is final, because on-chain transfers can’t be reversed.
Not every exchange takes Transak. The list at the top of this page shows the ones that do.
Outside the US, Transak is run by Transak Limited, a UK private company registered in London under company number 11539646 (formerly Light Technology Limited). It’s registered as a cryptoasset firm with the UK Financial Conduct Authority, under firm reference 928910. US users are served under a separate US terms of service.
The company states it covers more than 63 countries and has passed 10 million users. Along the way it added Wire Transfer as a payment method for US users and launched Transak Stream, a product that pays crypto out to a bank account or card. It operates under the UK money laundering regulations, which is why identity checks are mandatory.
Transak doesn’t run a custodial exchange or a wallet of its own, so you can’t park a crypto balance with it the way you would on a trading platform. It’s infrastructure that moves money between regular currency and crypto.
To buy, you pick a coin, give a self-custody wallet address, pass identity checks and pay with fiat. Transak then sends the crypto straight to that address. It also runs a sell flow: you send crypto to Transak and receive money back in your bank account or on your card. For large trades, an OTC desk handles amounts from 5,000 USD equivalent, settled directly between the parties without Transak holding your assets.
These steps work at any exchange on the list at the top of this page that accepts Transak.
It depends on how you pay. Card, Apple Pay and Google Pay payments are handled instantly, so the crypto usually reaches you within minutes. Bank transfers, including SEPA and Wire, only move once the money has arrived, which can mean the next working day. Weekends, bank cut-off times and a first-time identity check can all add delay. Once the crypto has been sent on-chain, the transfer is final, because on-chain transfers can’t be undone.
Transak charges a percentage fee that depends on how you pay, plus a spread built into the rate. Card, Apple Pay and Google Pay on-ramps run 3.99% plus 1 USD. A bank transfer is 2% plus 1 USD, a wire is 0.75% plus 9 USD, and a SEPA transfer in euros is 0.99%. Third-party costs such as network gas fees apply on top and aren’t set by Transak. An exchange may add its own deposit fee or a wider price on instant buys. The exact total is shown before you confirm, so read that screen before you commit.
Transak’s off-ramp does the reverse trip: you send crypto from your wallet and receive fiat in your bank account. That is genuinely useful, because getting money out is often harder than getting it in, particularly for someone who holds assets in self-custody and has no exchange account.
The same economics apply in reverse. There is a fee and a spread, and the rate you get is worse than an exchange order book would give you. For a small amount that is a fair price for skipping an account opening; for a large one it is not.
Off-ramp availability is narrower than on-ramp availability by country, so check it applies to you before relying on it as your exit.
Between exchanges that accept Transak, compare the total cost shown before you confirm, not just the coin price. Check how long account verification takes, which coins you can buy, and whether you can sell back through Transak when you want to cash out. Look at each exchange’s security record too. The list at the top of this page shows which ones accept Transak, and you can work through them from there.
Yes. You pay from a card or bank account in your own name, and you complete Transak’s identity checks before the crypto is sent. A payment from someone else’s instrument will be stopped.
Yes, and that’s its main use. You supply a self-custody wallet address and Transak pushes the crypto to it, so check the network carefully, exactly as you would for any crypto transfer.
Yes, where the off-ramp is available. You send crypto to Transak and receive fiat in your bank account or on your card. Coverage is narrower than for buying, so check before relying on it.
The order simply won’t complete, and Transak won’t send crypto until it has received your funds and fees. Contact Transak with your order reference, since the platform hosting the widget cannot resolve a payment that never reached it.
Yes. Its checks are its own and separate from any venue’s, with tiered levels that set how much you can buy.
Use whatever deposit or payment method that venue does support. If your goal is a self-custody wallet, you can also use the Transak widget wherever it appears inside a wallet or app rather than on an exchange.