MetaMask

Popular Ethereum wallet MetaMask has incorporated a new feature that will make it easier for customers to purchase crypto with their bank accounts.

Easier Ways to Purchase Crypto

Last week, ConsenSys, the parent company of MetaMask, announced that it had inked a partnership with Fintech payment firm Sardine to help crypto users fund their MetaMask account.

Using Sardine’s new automated clearing house (ACH) integration, MetaMask’s customers can now instantly fund their cryptocurrency wallets via bank transfers – instead of relying on crypto-to-crypto transfers.

In its announcement, ConsenSys explained that the objective of this move was to diversify the available payment options for MetaMask’s users. The blockchain development studio added that Sardine’s instant ACH transfers are much better than other options. Payment channels, such as credit cards, usually have monetary limits or possible declined transactions; however, ACH transactions provide the proper mixture of speed and reliability that most crypto holders need today.

ConsenSys also touted Sardine’s ability to help users combat fraud and other vices, although they didn’t give much clarity on how this works. However, Sardine, on its website, claims that its developers have built compliance and fraud prevention infrastructure for companies like Revolut and Coinbase. The fintech firm also claims to be able to detect fraud at a 300% accuracy rate.

MetaMask users can purchase over 30 crypto assets using their bank accounts with this new integration. However, Sardine’s ACH transfers have a daily limit of $3,000.

MetaMask Continues Its Dominant Run

The addition of instant bank transfers is just the latest development from MetaMask. The wallet’s developers have been working to improve its functionality for crypto holders, expanding its support for every aspect of the market.

In September, MetaMask Institutional, the crypto wallet’s institutional custody service, announced an integration with non-fungible token (NFT) management and storage service Cobo to create a “one-stop platform” for large companies dealing with digital assets.

Speaking with industry news sources, Tavia Wong, the director of marketing and business development for Cobo, explained that the partnership would lead to improved asset protection and custodianship, especially for institutions. Cobo and MetaMask are creating an enabling environment for investors to hold cryptocurrencies and NFTs.

MetaMask has also launched a Portfolio Dapp – a portfolio viewer that allows users to manage their assets across multiple chains and networks. The portfolio viewer will allow users to connect and monitor other wallets and accounts, providing a consolidated view of users’ holdings.

MetaMask’s continued commitment to development has allowed the company – and its wallet platform – to remain a major player in the market. Despite having over 10 million monthly active users, the wallet will likely experience a surge in customers with this new introduction.

IMPT – A Coin for Every Investor

As MetaMask continues to improve the ease with which investors buy cryptocurrency, more projects are battling real-world issues. One such is Impact Protocol, which aims to reduce carbon emissions.

IMPT, the token for the Impact Project, recently launched its presale, which has already become one of the best crypto presales. IMPT has raised over $5 million so far. With such levels of investor demand, IMPT could easily pump 50x soon.

Impact Project allows users to purchase carbon credits and fund environmental conservation projects worldwide. It is one of the top platforms using blockchain technology to fight climate change.

IMPT - New Eco Friendly Crypto

Our Rating

IMPT token
  • Carbon Offsetting Crypto & NFT Project
  • Industry Partnerships, Public Team
  • Listed on LBank, Uniswap
  • Upcoming Listings - Bitmart Dec 28, Gate.io Jan 1st
IMPT token
Buy Now