The popular crypto wallet service provider, MetaMask introduced the new feature ‘Buy Crypto’ on its Portfolio Dapp, making the process easy for purchasing crypto with fiat currency.
With the integration of the new feature, users can now buy over 90 tokens from 8 different networks, including Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and Celo.
It will be available in 189 countries and one can choose different payment methods to purchase cryptos according to their locations such as debit or credit card, PayPal, Bank Transfer, or Instant ACH. Also, the MetaMask team disclosed that new payment methods will be added soon.
To buy cryptocurrencies, users will have to connect their MetaMask wallet to Portfolio Dapp, where they will get different quotes from different third-party providers after filling in all the necessary details.
However, users will also face order limits regarding their regions and various KYC laws.
To accomplish a wider vision and establish itself as a global crypto payment service provider, MetaMask holds a long string of partnerships across the globe. The exhaustive list includes PayPal, MoonPay, Sardine, and so on.
It stated in the announcement, “We’re working on adding more providers and payment methods to our convenient, secure, and easy-to-use aggregator service”.