MetaMask, the popular browser extension for Ethereum (ETH), has partnered with MoonPay to create a more seamless process of fiat on ramps. The partnership makes it easier than ever to get your crypto into real-life use cases and vice versa.
The “moonpay wallet” is a new cryptocurrency wallet created by MoonPay. It partners with MetaMask to create an easy-to-use and secure way to manage your digital assets.
MetaMask users can now use Moonpay to top up their cryptocurrency wallets. Moonpay, a reputable payment service, has partnered with MetaMask, a leading crypto wallet provider, to enable customers to purchase ETH using conventional payment methods.
MoonPay continues its goal of getting the whole world on the Web3 platform. Thanks to this partnership, MoonPay now has access to more than 30 million Metamask users around the world.
Moonpay seems well on its way to simplifying crypto, having recently announced partnerships with OpenSea and Selfridges and received $87 million in funding from a number of celebrities.
Moonpay’s most recent statement on his blog explains the benefits of MetaMask, including the easier connection method to many of the most prominent NFT markets and the transparency when it comes to transaction gas fees while using the app.
Buy Cryptocurrency with MoonPay and Metamask
Existing and new Metamask users must upgrade to the latest versions, Mobile v4.4 and Extension v10.13, to use MoonPay. Until now, you had to buy Ethereum on a third-party exchange and then transfer it to MetaMask.
MoonPay has made the procedure easier by integrating its app into the Metamask interface. Existing MetaMask users need to upgrade to use MoonPay and then click the blue buy button to buy Ethereum with MoonPay.
Users can immediately contribute money to their MetaMask accounts through MoonPay, eliminating the need for external central exchanges in the middle. Making blockchain wallets, such as Metamask, more accessible and easy to use is expected to help onboarding new entrants to the blockchain industry.
Moonpay also sent out a tweet announcing the agreement, including some master slides showing how the mobile versions of both apps could work together.
Moonpay also sent out a tweet announcing the agreement, including some master slides showing how the mobile versions of both apps could work together.
https://t.co/9L7Z3RfaQS pic.twitter.com/gDa2lntqnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
— April 27, 2022, MoonPay (@moonpay)
There are different rules attached to adoption. Despite the service being accessible worldwide, several US states including New York, Texas, Louisiana, Rhode Island, Hawaii, and the US Virgin Islands cannot acquire Ethereum through MoonPay.
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The “metamask binance” is a tool that allows users to easily manage their cryptocurrency wallets. The collaboration between the two tools simplifies fiat on disaster for crypto traders.
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