MetaMask rolls out ‘Sell’ feature, allowing users to cash out crypto to fiat in-app

2023-9-6 23:20

Popular Ethereum wallet MetaMask announced a “Sell” feature on Sept. 5 that will allow users to withdraw their cryptocurrency as cash.

That announcement indicates users can now sell cryptocurrency in their Metamask Portfolio for fiat currency. Once a user sells their crypto, they can send the converted funds to their bank account or to their PayPal balance.

The feature currently has limited availability but is available in major markets. Specifically, Sell is available in the U.S., the U.K., and parts of Europe. The feature supports each region’s local currency: the U.S. dollar, the British pound, and the euro.

Additionally, Sell only supports ETH-to-fiat conversions at present. Metamask said that the feature will be expanded to native gas tokens on layer-2 networks in the future.

Outside of Sell, MetaMask supports Ethereum and most ERC-20 tokens. It also supports many EVM-compatible networks, including Arbitrum, Optimism, BNB Chain (formerly Binance Smart Chain), Polygon, and Avalanche, as well as tokens on those networks. It is unclear which of those assets and networks Sell might eventually support.

Sell is part of MetaMask’s broader features

MetaMask’s new Sell feature is part of its Portfolio service, which provides enhanced features in addition to basic cryptocurrency holding and swapping.

Sell is specifically a counterpart to MetaMask’s existing Buy feature, which went live in April 2023. Current site information suggests that users can buy more than 75 tokens on 8 blockchains in numerous countries through this feature. Buy also supports a wider variety of payment options, as it accepts debit and credit card transfers, PayPal transfers, bank transfers, instant ACH transfers, and other transfer methods.

MetaMask suggested that these features together will provide users with a “self-sufficient web3 experience” and reduce the number of intermediaries that users must work with when buying and selling cryptocurrency. Typically, users must move cryptocurrency between wallets and exchanges in order to buy and sell crypto.

MetaMask is owned and developed by ConsenSys, a major Ethereum development firm. In 2022, MetaMask had over 30 million active users.

The post MetaMask rolls out ‘Sell’ feature, allowing users to cash out crypto to fiat in-app appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0034358 (-100%)

users metamask sell cash cryptocurrency fiat out

users metamask → Результатов: 126


Началось публичное бета-тестирование мобильного приложения MetaMask

Разработчики браузерного Ethereum-кошелька MetaMask открыли для всех желающих возможность протестировать бета-версию мобильного приложения, доступного для Android и iOS. MetaMask’s mobile app is now available for public beta! With MetaMask mobile, users can now manage their digital assets, use dapps, and send ETH or tokens to anyone, anywhere.

2019-7-24 09:33


MetaMask Shares Details on How The Ethereum Web Browser Application Is Currently Being Used

MetaMask, one of the most popular ERC-20 wallets and Ethereum (ETH) web browser, has released information about how their services are used. In order to gather information about how the services are used, the company asked its users to opt in to a metrics system through an extension. The information was released by the company […]

2019-5-25 19:08


Big boost for VeChain (VET) ecosystem: The “MetaMask” of VeChain, Comet is live

Comet is a native wallet for your web browser that enables direct communication with the VeChainThor blockchain, developed by Totient, an activist crypto hedge fund and blockchain venture studio. Comet provides developers with a powerful platform to create and distribute dApps, and a familiar environment for users to experience the many benefits of blockchain applications.

2019-1-4 01:20


Comet is “The MetaMask of VeChain” and is immensely important for the VET ecosystem

Comet is a native wallet for your web browser that enables direct communication with the VeChainThor blockchain, developed by Totient, an activist crypto hedge fund and blockchain venture studio. Comet provides developers with a powerful platform to create and distribute dApps, and a familiar environment for users to experience the many benefits of blockchain applications.

2018-11-12 03:44


Newsflash: Gate.io exchange targeted with crypto stealing malware, MetaMask rolls out a privacy mode while Stablecoins not named Tether on a rise

MetaMask rolls out a privacy mode, achieves important milestones MetaMask, the popular Ethereum and ERC-20 wallet which also allows customers to interact with Ethereum dapps, launched some new features recently that will look to improve their users’ overall experience and perhaps enable a wider adoption for cryptocurrency.

2018-11-9 13:31


Мошенники воспользовались удалением расширения MetaMask из магазина Chrome

Вечером 25 июля Chrome Web Store удалил Ethereum-расширение MetaMask. Однако на следующий день плагин вновь появился в интернет-магазине. Согласно заявлению команды MetaMask в Twitter, поисковый гигант Google Chrome без предупреждения удалил приложение из веб-магазина, не объяснив причины решения.

2018-7-26 15:43