Crypto wallet MetaMask is attempting to make it easier for customers to purchase digital assets with fiat, including by using credit or debit cards.
In a statement, MetaMask says they are launching a new “Buy Crypto” feature for people to purchase cryptocurrencies in its Portfolio Dapp, where customers can see all their MetaMask accounts simultaneously.
Says MetaMask,
“In our ongoing quest to make MetaMask users’ lives easier, we are launching the Buy Crypto feature in Portfolio Dapp for an easy purchasing experience. Simply navigate to the Buy tab in the DApp (decentralized application), connect your MetaMask wallet, and load up with the crypto of your choice!
MetaMask Extension users will now be redirected to the Portfolio DApp automatically when selecting the ‘Buy’ button in the wallet.”
The payment methods include debit or credit card, PayPal, bank transfer, or Instant ACH (Automated Clearing House).
The service is accessible in 189 different countries, although some of the allowable payment methods will vary by location. MetaMask says they are also planning to add other payment methods in the near future.
The new feature will permit the purchase of more than 90 tokens across eight blockchain networks.
Customers will see price quotes for the selected token from available providers, which will take into consideration such factors as location and local regulations. The user selects the quote they wish to buy and they are redirected to the third-party website to make the purchase. Once purchased, the asset is deposited directly into the user’s MetaMask wallet.
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Source: https://dailyhodl.com/2023/04/12/metamask-launches-new-feature-allowing-users-to-easily-buy-crypto-through-fiat-on-ramp/