Quick take:
- MetaMask 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 choosing between debit or credit card, PayPal, wire transfer, or instant ACH depending on their location.
MetaMask has announced the integration of "Buy Crypto" functionality into 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 purchase over 90 tokens across eight marketplaces using fiat currency. Depending on location, users can choose from a number of payment options, including debit or credit card, PayPal, wire transfer, or Instant ACH.
Featured networks include (Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom and climate action campaign manager Celo.
Announcing the integration of the "Buy Crypto" feature into Portfolio Dapp on Monday, MetaMask wrote, "In our continued quest to make life easier for MetaMask users, we are launching the Buy Crypto feature in Portfolio Dapp for an easy shopping experience. Simply go to the Buy tab in the app, connect your MetaMask wallet and load it with the crypto of your choice!
The Portfolio Dapp is available in 189 countries and regions. MetaMask said that depending on specified locations and KYC requirements, some users may experience order limits.
The announcement follows several partnerships that MetaMask has sealed since the launch of the Buy Crypto aggregator. The partnerships are part of a campaign to accelerate global user onboarding through consumer apps.
Notable MetaMask partners include online payments giant PayPal and Web3 payment infrastructure and services provider MoonPay.
Users can access the aggregator by directly logging into Portfolio Dapp or by selecting the BUY button in the MetaMask extension wallet, after which they are redirected to the web address portfolio.metamask.io/buy.
The Portfolio Dapp was launched in September 2022, allowing users to access all of their assets across multiple networks. And in November, the company also announced a partnership with NFTBank, integrating the company's intuitive web3 NFT pricing engine to enable real-time NFT pricing for MetaMask users.
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