{"id":45009,"date":"2023-09-07T14:39:48","date_gmt":"2023-09-07T07:39:48","guid":{"rendered":"https:\/\/coinwire.com\/?p=45009"},"modified":"2023-09-07T14:39:50","modified_gmt":"2023-09-07T07:39:50","slug":"metamask-introduces-crypto-cash-out-to-paypal","status":"publish","type":"post","link":"https:\/\/coinwire.com\/metamask-introduces-crypto-cash-out-to-paypal\/","title":{"rendered":"MetaMask Introduces Crypto Cash-Out to PayPal and Banks"},"content":{"rendered":"\n
MetaMask, the leading self-custodial hot wallet with over 22 million users, has recently unveiled a new feature that allows users to convert their cryptocurrencies into fiat currencies like USD. This move comes as part of a broader effort by Web3 players to enhance the usability of digital assets in the real world. While this option opens up exciting possibilities for MetaMask users<\/a>, it is important to consider the potential fees associated with cashing out.<\/p>\n\n\n\n Self-custodial wallets have gained significant popularity in recent years, particularly following the collapse of centralized exchanges like FTX<\/a> that exposed the vulnerabilities of relying on third-party custodians. These wallets empower users by giving them full control over their digital assets. However, self-custodial wallets have historically been challenging to navigate due to their technical nature. MetaMask, as the world’s largest self-custodial hot wallet, is committed to making this experience more user-friendly.<\/p>\n\n\n\n<\/span>The Rise of Self-Custodial Wallets<\/span><\/h2>\n\n\n\n
<\/span>Introducing the MetaMask’s Cash-Out Feature<\/span><\/h2>\n\n\n\n