MetaMask Wallet collaborated with Snaps earlier this year to develop a multi-channel-friendly environment. The pair then built a service that would enable them to support all non-native tokens. Currently, MetaMask continues to add new features in order to become the center for cryptocurrency talks and enthusiasts. They just announced the introduction of a new service that would make purchasing cryptocurrency even easier for users. Let’s discover what it’s all about.
MetaMask Previously Added Support for Optimism and Arbitrum
MetaMask added support for Optimism and Arbitrum just over a month ago. The Ethereum-based digital wallet has now announced a new function. This feature is named “Buy Crypto Token” and is part of the wallet’s Portfolio dApp. It is a service that provides direct access to cryptos using fiat currency. It enables users to purchase about 90 cryptos via their wallet interface using local payment options. MetaMask guarantees that cryptocurrency purchases will be at the best possible price.
The functionality presently supports eight blockchains, according to MetaMask. Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and Celo are among them. MetaMask also disclosed that the service is now available and supported in 189 countries. It is also accessible via the browser application.
MetaMask’s Initiatives Never Cease to Amaze its Consumer Base
Nevertheless, the amount of cryptocurrency that consumers may acquire through the new service has been restricted. Actually, the amount will vary depending on the legislation in effect in the various locations. At the same time, the new service accepts a variety of payment methods. Debit and credit cards, bank transfers, and PayPal are examples of payment methods.
Between 2022 and 2023, Meta Mask launched many initiatives. Despite the fact that certain programs, such as the IP address collection project, failed, it has had numerous triumphs. For example, the wallet began facilitating fast bank-to-crypto transactions in October 2022. The goal was to make it easy for customers to transfer their fiat currency to cryptocurrency. MetaMask‘s solution was designed to be more adaptable than the techniques provided by cryptocurrency exchanges. It also enabled customers to convert up to $3,000 in cryptocurrency on a daily basis.
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