With Transak’s integration, CoinDCX’s Okto wallet has increased the number of supported jurisdictions from 60 to more than 150.
Major Indian cryptocurrency exchange CoinDCX is expanding its self-custody wallet, Okto, by integrating major on-ramp platform Transak. Okto, a multichain cryptocurrency wallet launched by CoinDCX in August 2022, has integrated the Transak platform to scale the wallet’s global support, the firm announced to Cointelegraph on Oct. 5. The integration is immediately available on Okto, the company said.
With the new integration, the Okto wallet has increased the number of previously supported 60 countries to 155 jurisdictions, CoinDCX and Okto co-founder Neeraj Khandelwal said.Transak is the first and currently the only on-ramp solution introduced on Okto, Khandelwal noted.
“The integration of Transak now allows users to seamlessly convert fiat to crypto right within the app. Prior to this integration, users had to transfer funds from another decentralized wallet, such as MetaMask.”users to store more than 1,000 tokens across multiple chains, including Polygon, Fantom, Avalanche and others, according to the app’s description on the App Store. However, according to Okto’s spokesperson, the wallet allows users to have up to 3,000 tokens in the wallet.