Kana Labs platform has seen several major upgrades in recent weeks. And in continuation of this series of upgrades we are introducing a new feature that allows users to buy and sell crypto from our web app platform. This feature would allow users from across the globe to buy and sell cryptocurrencies using their local fiat currencies. We are bringing this upgrade live in our platform by integrating it with Transak. Transak is an international crypto-fiat payment platform that allows users to liquidate their crypto assets to fiat and also convert fiat to cryptocurrencies across a wide range of dApps/DEXs.
We have now achieved several key product upgrades from our roadmap goals and have moved on to become a huge b2c multi-chain cross-chain liquidity aggregating giant. We at Kana Labs always strive to help simplify and create a highly user-friendly seamless environment for our clients to perform their day-2-day DeFi operations. In response to a slew of requests from users, we are now debuting a feature that allows users to exchange their crypto for fiat and vice versa directly from our web app platform.
This feature is powered by Transak and allows users to directly buy or sell nearly 130 cryptocurrencies on more than 75 blockchain networks from more than 125 countries across the globe. Users can purchase tokens directly using fiat currencies from different payment methods such as credit/debit cards, bank transfers and other local payment methods. But please do note that this feature to buy and sell crypto comes with certain limitations depending on location as the process is subjected to and highly compliant with local regulatory requirements. For more details on same please click here.