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Usha Yadav
Apr 30, 2022
by Usha Yadav

MetaMask and MoonPay Have Teamed Together to Make Fiat on Ramp Easier

MetaMask and MoonPay Have Teamed Together
Users of MetaMask can now utilize Moonpay to top up their cryptocurrency wallets. Moonpay, a renowned payment service, has partnered with MetaMask, a leading crypto wallet provider, to allow customers to buy ETH using mainstream payment methods.

MoonPay is continuing its goal to bring the entire world onto the Web3 platform. MoonPay now has access to over 30 million Metamask users worldwide due to this partnership.

Moonpay appears to be well on its way to making crypto easier, having recently announced partnerships with OpenSea and Selfridges and receiving $87 million in funding from several celebrities.

Buying cryptocurrency with MoonPay and Metamask

Existing and new Metamask users will need to update to the latest versions, Mobile v4.4 and Extension v10.13, to use MoonPay. Until now, you had to buy Ethereum on an external exchange and then transfer it to MetaMask.

MoonPay has made the procedure easier by integrating its app within the Metamask interface. Existing MetaMask users must upgrade to utilise MoonPay, then click the blue buy button to purchase Ethereum with MoonPay.

Users can immediately add funds to their MetaMask accounts via MoonPay, eliminating the need for external centralised exchanges in the middle. Making blockchain wallets more accessible and user-friendly, such as Metamask, is expected to aid in the onboarding of newcomers to the blockchain industry. Moonpay also sent out a tweet announcing the agreement, which included some simple slides demonstrating how the mobile versions of both apps could function together.

Adoption is subject to several regulations. Even though the service is available worldwide, some US states, including New York, Texas, Louisiana, Rhode Island, Hawaii, and the US Virgin Islands, cannot acquire Ethereum via MoonPay.

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MetaMask and MoonPay Have Teamed Together to Make Fiat on Ramp Easier
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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