MetaMask Simplifies Crypto Purchases with “Buy Crypto” Feature in Portfolio Dapp

The “Buy Crypto” feature allows users to trade over 90 tokens from eight networks via the MetaMask browser extension.
Image source: ConsenSys

Last Updated on May 2, 2023

Quick take:

  • MetaMask has announced the launch of a fiat currency purchase feature on Portfolio Dapp.
  • The Portfolio Dapp is available to users in 189 countries.
  • Users can choose between Choose from debit or credit card, PayPal, Bank Transfer, or Instant ACH depending on their location.

MetaMask announced the integration of the “Buy Crypto” feature in Portfolio Dapp. The crypto payments company wants to make life easier for non-crypto native users looking to buy cryptocurrencies. 

The new feature allows users to buy over 90 tokens from eight marketplaces using fiat currency. Depending on location, users can choose between a number of payment options including debit or credit card, PayPal, Bank Transfer, or Instant ACH.

Featured networks include (Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and climate action campaign lead, Celo.

Announcing the integration of the “Buy Crypto” feature in Portfolio Dapp on Monday, MetaMask wrote: “In our ongoing quest to make MetaMask users’ lives easier, we are launching the Buy Crypto feature in Portfolio Dapp for an easy purchasing experience. Simply navigate to the Buy tab in the dapp, connect your MetaMask wallet, and load up with the crypto of your choice!”

The Portfolio Dapp is available in 189 countries and regions. MetaMask said depending on specified locations and KYC requirements, some users may experience order limits.

The announcement comes on the heels of multiple partnerships MetaMask has sealed since launching the Buy Crypto aggregator. The partnerships are part of a campaign to accelerate the global onboarding of users through consumer-facing apps.

Notable MetaMask partners include online payments giant PayPal and web3 infrastructure and payments service provider MoonPay

Users can gain access to the aggregator by directly connecting to Portfolio Dapp or selecting the BUY button in the MetaMask extension wallet, after which they are redirected to the web address.

The Portfolio Dapp launched in September 2022, allowing users to gain access to all their assets across multiple networks. And in November, the company also announced a partnership with NFTBank, integrating the web3 company’s intuitive NFT pricing engine to enable real-time NFT prices for MetaMask users.


Stay up to date:

Subscribe to our newsletter using this link – we won’t spam!

Previous Post

Realio Launches Layer 1 Blockchain Network for Real-World Assets

Next Post

Absolute Labs Secures $8M Seed Round for Cross-Chain Customer Insights Platform

Related Posts