ConsenSys, the holding company of MetaMask, officially announced a collaboration with the crypto-leading company – Mercuryo. This integration would enable users to easily own cryptocurrency using their bank card and other local payment methods.
Now Metamask users bypass the gap between fiat currency and crypto assets. This partnership between Mercuryo and ConsenSys allows crypto users to utilize MetaMask to buy cryptocurrency directly using fiat money.
Fiat money and Cryptocurrency will be able to interact more smoothly as a result of this action, thereby facilitating mainstream adoption ahead.
Thanks to the collaboration, crypto users will have reduced complications and have more availability to assets through MetaMask. Users can use bank cards, Apple Pay, Google Pay, and other bank transfer methods and can directly buy nearly 18 digital assets such as Ethereum (ETH), Tether (USDT), Binance coin (BNB), etc.
Now Direct Crypto Purchase is Available
As per ConsenSys, MetaMask would support up to 20 fiat currencies, such as the US dollar, Euro, British Pound, and South Korean won among others. But this update has limitations like Metamask users can buy only up to €699 worth of cryptocurrency with these 20 fiat currencies.
Lorenzo Santos, Product Manager for MetaMask said, “This enables our users to seamlessly explore the Web3 ecosystem, including NFT marketplaces, play-and-earn games, decentralized autonomous organizations (DAOs), decentralized finance (DeFi) applications, and metaverse worlds.”
Also Read: Consensys x Onramp.money to allow easy access to Crypto for Indian Users
