MetaMask and MoonPay team up to simplify fiat on ramp |

MetaMask, the popular browser extension for Ethereum (ETH) has partnered with MoonPay to create a more seamless process of fiat on ramps. The partnership will make it easier than ever before to get your crypto into real life use cases and vice versa.

The “moonpay wallet” is a new cryptocurrency wallet that was created by MoonPay. It has partnered with MetaMask to create an easy-to-use and secure way to manage your digital assets.

Users of MetaMask may now utilize Moonpay to top up their cryptocurrency wallets. Moonpay, a renowned payment service, has partnered with MetaMask, a leading crypto wallet provider, to enable customers to buy ETH using conventional payment methods. 

MoonPay is continuing its goal to get the whole globe onto the Web3 platform. MoonPay now has access to over 30 million Metamask users throughout the globe as a result of this partnership. 

Moonpay seems to be well on its way to making crypto simpler, having recently announced partnerships with OpenSea and Selfridges, as well as receiving $87 million in funding from a number of celebrities. 

Moonpay’s most recent statement on its blog explains the benefits of MetaMask, including its simpler connecting method to many of the most prominent NFT markets and its transparency when it comes to transaction gas costs while using the app. 

Buying cryptocurrency using MoonPay and Metamask

Existing and new Metamask users will need to upgrade to the latest versions, Mobile v4.4 and Extension v10.13, in order to utilize MoonPay. Until now, you had to purchase 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 utilize MoonPay, then click the blue buy button to purchase Ethereum using MoonPay. 

Users may immediately contribute money to their MetaMask accounts via MoonPay, eliminating the need for external centralized 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 sector. 

Moonpay also sent out a tweet announcing the agreement, which included some basic slides demonstrating how the mobile versions of both apps might function together. 

Moonpay also sent out a tweet announcing the agreement, which included some basic slides demonstrating how the mobile versions of both apps might function together.

https://t.co/9L7Z3RfaQS pic.twitter.com/gDa2lntqnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn

— April 27, 2022, MoonPay (@moonpay)

Adoption is subject to several regulations. Despite the fact that the service is accessible globally, several US states, including New York, Texas, Louisiana, Rhode Island, Hawaii, and the US Virgin Islands, are unable to acquire Ethereum via MoonPay.

MetaMask and MoonPay team up to simplify fiat on ramp |

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The “metamask binance” is a tool that allows users to easily manage their cryptocurrency wallets. The team up between the two tools simplifies fiat on ramp for crypto traders.

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