MetaMask launches direct fiat-to-crypto on-ramp service
Image by CryptoSlate

MetaMask launches direct fiat-to-crypto on-ramp service

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

Assad Jafri
By Assad Jafri
Former Editor & Reporter CryptoSlate
1 min read
Make preferred on Google logo

MetaMask has launched a new feature to allow users to buy crypto 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 roughly 90 cryptocurrencies by connecting their MetaMask wallet.

MetaMask's "Buy Crypto Token" Option
MetaMask's “Buy Crypto” Option

MetaMask said the service is live and supported in 189 countries. However, there is a limit on the amount users can buy through the service based on the applicable laws of their region. The feature is also live on its 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 it wants to give users the best quote for purchasing cryptocurrencies and the service will offer multiple options to users via different providers.

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

Article context

Mentioned in this article

Related Asset Ethereum #2 ETH $2,507.25 24-hour change: up 2.64% Loading price history… 24H Up 2.64% 7D Up 32.32% 30D Up 34.74% Related Asset Polygon MATIC $0.22 24-hour change: up 2.76% Related Asset Optimism OP $0.11 24-hour change: down 1.98% Related Asset Arbitrum ARB $0.10 24-hour change: down 1.62% Related Asset Avalanche AVAX $7.58 24-hour change: up 0.14% Related Asset Fantom (Migrated to Sonic) FTM $0.70 24-hour change: down 0.71% Related Asset Celo CELO $0.08 24-hour change: down 0.88% Related Company Consensys Ethereum development studio
Posted in
Technology

Editorial credits

Assad Jafri
Assad Jafri
Former Editor & Reporter CryptoSlate

AJ, a passionate journalist since Yemen's 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto…

More from Assad
Context

Related coverage

More coverage

Bitcoin Core considers dropping encrypted routing support as poor node health exposes users to eclipse attacks

Coldcard now requires 65 key presses after seed exploit, while exposed funds still must move

Bearish

Reaching instant 27ms validation on Bitcoin will take 17 GPU years of compute power

Bearish
AI Usage Disclaimer

CryptoSlate may use AI tools to support research, editing, and production workflows. Our journalism remains human-led, with our editorial team responsible for every published article. Read our full AI usage disclaimer.

Editorial & Financial Disclaimer

Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article.

Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. For more information, see our company disclaimers.