MetaMask launches fiat-to-crypto shortcut service

MetaMask has thrown out a new feature that allows users to buy cryptocurrencies with fiat directly from their wallets.

The Buy Crypto feature is part of the Portfolio Dapp and users can now use local payment methods to buy approximately 90 cryptocurrencies by connecting their MetaMask wallet.

MetaMask “Buy Cryptocurrency” Option

MetaMask said the service is active and supported in 189 countries. However, there is a limit to the amount that users can purchase through the service depending on the applicable laws of their region. The feature is also active in your browser app.

The feature currently supports eight networks, namely Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and Celo.

Fiat payment methods include debit and credit cards, bank transfers, PayPal, and instant ACH for now, with more options to be added soon.

MetaMask said that it wants to provide users with the best quote to buy cryptocurrency and the service will offer multiple options to users through different providers.

Users can choose the payment method and the price at which they want to buy the cryptocurrency.

The charge MetaMask launches fiat-to-crypto shortcut service first appeared in CryptoSlate.

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