MetaMask set to launch Onramp.money integration MetaMask set to launch Onramp.money integration
The Onramp.money integration will enable Indian MetaMask users to buy cryptocurrencies directly using their API.
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Updated: Feb. 9, 2023 at 2:11 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
ConsenSys confirms leading Web3 wallet Metamask will integrate Onramp.money to enable seamless transactions in India, according to a company statement.
The integration will enable Indian Metamask users to easily purchase cryptocurrencies directly within their MetaMask using local payment methods, including UPI & IMPS, according to the statement.
Driving blockchain adoption in India
The partnership aims to drive the adoption of blockchain technology in India — to improve user access to crypto and decentralized applications (dApps).
Onramp.money CEO Gaurav Dahake said:
“We believe this partnership will make it easier for Indian users to access and use decentralized applications, and we look forward to working with MetaMask to drive the adoption of blockchain technology in India.”
Onramp’ing India
Onramp.money is a platform that enables instant transactions for crypto users in India — connecting users to Ethereum (ETH), Polygon (MATIC), and BNB networks.
Product Manager at MetaMask Lorenzo Santos said:
“This integration will make it easier for Indian users to access the Ethereum, Polygon, and BNB networks and use decentralized applications. We believe this will help drive the adoption of blockchain technology in India.”
The integration coincides with the Indian Central Bank’s shift towards digital currency adoption and the push for crypto regulation in India.
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Josh O'Sullivan
Josh has been writing for a decade and is passionate about mainstream crypto adoption, bringing positive financial change to the masses through crypto and decentralized finance as a whole.
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
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Consensys is a venture production studio and custom software development consultancy building decentralized applications (DApps), enterprise solutions and developer tools for blockchain ecosystems, focused primarily on Ethereum..
MetaMask is an extension for accessing Ethereum enabled distributed applications or “dApps” in your normal browser.