Users in the U.S. can now choose PayPal as their payment method when buying ETH using MetaMask.
as of March 31, 2023, a 56% jump from the previous quarter, when the company reported $604 million in crypto assets.users to purchase crypto with fiat currency
directly from its Portfolio Dapp. Known as “Buy Crypto,” the new functionality enables users to purchase a range of cryptocurrencies using various payment methods, including debit or credit cards and bank transfers. Over 189 countries will be covered by the service, which supports more than 90 cryptocurrencies across eight networks, including Ethereum, Polygon, Arbitrum, BNB Smart Chain, Avalanche, Fantom, Optimis and Celo. For each purchase, the feature considers the user's location and local regulations to provide a customized quote.
MetaMask has been pushing for integrations and partnerships to expand its reach and offer on-ramps for its customers. One of its recent developments sought to expand direct access to cryptocurrencies in Nigeria. By partnering with crypto fintech MoonPay, the wallet now enables users in the African country
. Nigeria is ranked among the top 20 countries in cryptocurrency adoption, according to the Chainalysis 2022 Global Crypto Adoption Index.
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