MetaMask launches new feature that allows users to easily buy crypto through Fiat On-Ramp
Crypto wallet MetaMask tries to make it easier for customers to buy digital assets with fiat, including using credit or debit cards.
In a statement, MetaMask says it is launching a new “Buy Crypto” feature for people to buy cryptocurrencies in the Portfolio Dapp, where customers can view all their MetaMask accounts at once.
says MetaMask,
“In our ongoing quest to make the lives of MetaMask users easier, we’re launching the Buy Crypto feature in the Portfolio Dapp for an easy buying experience. Just navigate to the Buy tab in the DApp (decentralized application), connect your MetaMask wallet, and upload with the crypto of your choice!
MetaMask Extension users will now be redirected to the Portfolio DApp automatically when they select the “Buy” button in the wallet.”
Payment methods include debit or credit card, PayPal, wire transfer or Instant ACH (Automated Clearing House).
The service is available in 189 different countries, although some of the accepted payment methods will vary from place to place. MetaMask says it also plans to add other payment methods in the near future.
The new feature will allow the purchase of more than 90 tokens across eight blockchain networks.
Customers will see price quotes for the chosen token from available providers, which will take into account factors such as location and local regulations. The user selects the offer they wish to purchase and they are redirected to the third party website to make the purchase. Once purchased, the asset is directly deposited into the user’s MetaMask wallet.
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