• MetaMask has added a new feature enabling users to buy crypto with fiat directly from its Portfolio Dapp.
• The feature is available in 189 countries, while the availability of payment methods varies by location.
• Over the past year, MetaMask has announced several significant partnerships with the goal to make the onboarding process easy.
MetaMask Introduces Crypto Purchasing Feature
Popular crypto wallet and decentralized application (dapp) provider MetaMask has added a new feature enabling users to buy crypto with fiat directly from its Portfolio Dapp. This feature is available in 189 countries, with various payment methods such as debit/credit card, PayPal, Bank Transfer or Instant ACH (Automated Clearing House).
Available Payment Methods
The payment methods vary by location and more will be added soon according to MetaMask. Extension users can access this feature by clicking on ‚Buy‘ in the wallet and selecting their region, payment method, token they want to purchase and network they want to purchase it on. There are over 90 tokens available across 8 networks: Ethereum, Polygon, Optimism, Arbitrum, BNB Chain, Avalanche Contract Chain etc.
Third-Party Providers
After selecting their desired token and network from the list of quotes provided by different providers users will be redirected to a third-party provider’s website for completing their transaction. After this funds will be deposited into their wallet.
Partnerships
In order to make the onboarding process easy for users MetaMask has announced several significant partnerships including PayPal MoonPay Sardine Banxa Onramp etcetera
Conclusion
With its new Buy Crypto feature in Portfolio Dapp now live MetaMask is making it easier for its users to buy cryptocurrencies with ease using multiple payment options at competitive rates across different networks.