MetaMask Introduces New Fiat-To-Crypto Purchase Option

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Jeff Horseman
Jeff Horseman
Jeff Horseman got into journalism because he liked to write and stunk at math. He grew up in Vermont and he honed his interviewing skills as a supermarket cashier by asking Bernie Sanders “Paper or plastic?” After graduating from Syracuse University in 1999, Jeff began his journalistic odyssey at The Watertown Daily Times in upstate New York, where he impressed then-U.S. Senate candidate Hillary Clinton so much she called him “John” at the end of an interview. From there, he went to Annapolis, Maryland, where he covered city, county and state government at The Capital newspaper. Today, Jeff writes about anything and everything. Along the way, Jeff has covered wildfires, a tropical storm, 9/11 and the Dec. 2 terror attack in San Bernardino. If you have a question or story idea about politics or the inner workings of government, please let Jeff know. He’ll do his best to answer, even if it involves a little math.
  • Users in 189 nations can use the Portfolio Dapp.
  • MetaMask users can get access to the service by connecting their wallets to the Portfolio Dapp.

MetaMask, a cryptocurrency wallet, has announced the release of a new feature that will let users buy cryptocurrencies with fiat currency utilizing its Portfolio Dapp. With the new function, users can purchase over 90 tokens from eight marketplaces using fiat money. Users have a variety of payment choices to select from, including debit or credit cards, PayPal, bank transfers, and instant ACH, depending on where they are. 

Users in 189 nations can use the Portfolio Dapp. Among the featured networks are Ethereum, Polygon, Optimism, Arbitrum, Binance Smart Chain, Avalanche Contract Chain, Fantom, and Celo.

Users of MetaMask can click the “Buy” button in the MetaMask extension wallet or connect their wallets to the Portfolio Dapp to utilize the service. From there, consumers can choose their region, a mode of payment, a token, and the network they want to buy on. To provide a simple onboarding procedure, MetaMask has teamed up with PayPal, MoonPay, Sardine, Banxa, Onramp.money, Mercuryo, and Transak in the previous year.

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