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Market News

MetaMask Introduces Feature to Simplify Crypto Purchase With Fiat

Users can now buy more than 90 cryptocurrencies directly from their MetaMask wallets on Portfolio Dapp.

Written By Rajpalsinh
Published April 11, 2023 12:28 PM
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MetaMask Introduces Feature to Simplify Crypto Purchase With Fiat

The popular crypto wallet service provider, MetaMask introduced the new feature ‘Buy Crypto’ on its Portfolio Dapp, making the process easy for purchasing crypto with fiat currency.

We foxes at MetaMask 🦊 are excited to announce that our Buy Crypto feature now also resides in our Portfolio Dapp, providing a simple and smooth purchasing journey👌

🔗https://t.co/sEcCnQhbRB pic.twitter.com/UvaG2wMSpy

— MetaMask.eth 🦊 (@MetaMask) April 10, 2023

With the integration of the new feature, users can now buy over 90 tokens from 8 different networks, including Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and Celo.

It will be available in 189 countries and one can choose different payment methods to purchase cryptos according to their locations such as debit or credit card, PayPal, Bank Transfer, or Instant ACH. Also, the MetaMask team disclosed that new payment methods will be added soon.

To buy cryptocurrencies, users will have to connect their MetaMask wallet to Portfolio Dapp, where they will get different quotes from different third-party providers after filling in all the necessary details.

However, users will also face order limits regarding their regions and various KYC laws.

To accomplish a wider vision and establish itself as a global crypto payment service provider, MetaMask holds a long string of partnerships across the globe. The exhaustive list includes PayPal, MoonPay, Sardine, and so on. 

Also Read: MetaMask & MoonPay integration offer Direct Crypto Purchases in Nigeria

It stated in the announcement, “We’re working on adding more providers and payment methods to our convenient, secure, and easy-to-use aggregator service”.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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