The MetaMask cryptocurrency wallet has recently incorporated a novel feature that enables users to directly purchase cryptocurrencies with fiat currencies from the wallet.
The newly added feature is now part of the decentralized Portfolio Dapp application, which permits users to link their MetaMask wallet and buy digital assets using local payment gateways.
The payment options are diverse, including bank transfers, payment cards, and PayPal, and are supported in over 189 countries.
The function currently supports more than 90 assets from eight networks, including a wide range of tokens and cryptocurrencies.
The purchasing process is simple, requiring users to connect their MetaMask wallet on the Portfolio Dapp page, select their country, preferred payment method, cryptocurrency, and network, as well as the amount of purchase.
Verification may be required in some countries, and digital asset purchase limits may differ depending on jurisdiction.
Previously, MetaMask wallet had integrated with the Meruryo platform, enabling the purchase of cryptocurrencies using Apple Pay, Google Pay, and bank transfers.
However, the number of available assets was relatively limited compared to the current range.