Metamask Announces Integration Of ‘Buy Crypto’ Feature

The integration of the “Buy Crypto” feature in Portfolio Dapp has been officially revealed by MetaMask. The stated feature is focused on making life easier for non-crypto native customers wishing to buy cryptocurrencies by allowing users to buy over 90 tokens from eight marketplaces using fiat currency. 

Users can choose from a variety of payment methods, including debit or credit card, PayPal, bank transfer, or instant ACH, the availability of which is mostly dependent on the user’s location. Additionally, featured networks include Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and Celo, the leader of the climate action campaign.

MetaMask Integrates ‘Buy Crypto’

Metamask Announces Integration Of ‘Buy Crypto’ Feature

MetaMask made the announcement official last Monday by stating that: “In our ongoing quest to make its 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, connect your wallet, and load up with the crypto of your choice!”

They said Portfolio Dapp is known to be available in 189 different countries and regions. MetaMask has also mentioned that some users may encounter experience order limits, this circumstance would depend on the user’s specified locations and KYC requirements.

The statement concerning the inclusion of their most recent functionality was made amid a number of collaborations MetaMask had established since introducing the Buy Crypto aggregator. 

The aforementioned collaborations are thought to be a component of a push to hasten the global onboarding of customers via consumer-facing apps. It is also important to note that MetaMask has a broad range of partners when it comes to online payments, including MoonPay, the web3 infrastructure, and PayPal. 

Users of MetaMask can either link their wallets to the Portfolio Dapp or click the “Buy” button in the MetaMask extension wallet to have access to this most recent functionality. Users must keep in mind that this tool generates a unique quote for each transaction based on a variety of variables, including the user’s location and regional laws. The user will be routed to a third-party provider’s website to complete the purchase once they have successfully picked a quote. After that, the money will be put right into the user’s MetaMask wallet.

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