Polkacover announce its partnership with Transak

CoverCompared
2 min readJan 20, 2021

Team Polkacover would like to happily announce to the community that we have formed a very strategic partnership with Transak. This partnership will allow users on Polkacover platform to be able to buy policies without having to go through multiple exchanges.

The users will be able to buy CVR or our policy through fiat bank transfer or card payment.

This is huge because:

There are zero gas fees!

Transaction settlement is instant after the fiat payment is complete.

You have access to awesome products available through the Polkacover platform.

What is Transak?

Transak is a single integration for applications to accept fiat-to-crypto deposits and withdrawals from a global user base. It does this by aggregating fiat on-ramps from around the world and abstracting away the complexity of local compliance, payment methods, and operations.

What is Polkacover?

Polkacover is a global Defi-Insurance marketplace that provides will several insurance products geared in providing safeguards for Crypto, DeFi & NFT asset users from over 120 countries. Individuals can use the upcoming Polkacover marketplace to search, compare & buy multiple insurance products backed by traditional insurers or through our community governed P2P insurance platform.

Polkacover is being built on the polkadot ecosystem, Polkacover aims to be the missing link that will connect the mass crypto market users with a unique marketplace to provide them insurance coverage on their crypto, DeFi & NFT Assets.

Need More Info on Polkacover?

Polkacover social media links:

Telegram: https://t.me/polkacover

Twitter: https://twitter.com/Polkacover

Medium:https://polkacover.medium.com/

LinkedIn: https://www.linkedin.com/company/polkacover

Website: https://www.polkacover.com/

Whitepaper: https://www.polkacover.com/pdf/Whitepaper.pdf

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CoverCompared

The First DeFi Insurance marketplace for the global crypto ecosystem