Metamask is moving toward one step forward to allow users to buy crypto assets without the use of Ethereum as native digital currency.
Metamask is a popular Ethereum wallet. This wallet is known for better security to the users’ fund, which provides crypto wallet services in the web version form. This month Metamask grabbed huge negative and also positive popularity because of some barriers to its services citing Russia vs Ukraine war, but in reality, restrictions took place because of other Crypto integrated service, which was not under the control of Metamask and was integrated with Metamask wallet in the decentralized medium.
On 29 March, Metamask announced that it will now support ApplePay users to buy cryptocurrencies via Wyre. However, it will not support ApplePay directly because Apple doesn’t support crypto payments directly but it will be done through Wyre.
So now Apple mobile users will get better ease to use Metamask to fulfill their needs. Besides these things, Metamask users now can purchase crypto assets with the use of Visa or Mastercards and the Wyre API but there will be an upper limit of $400 per day for ApplePay users.
Interestingly, the requirement of Ethereum will get eliminated as a main necessity in the Metamask wallet, so basically it will give ease to buy crypto assets for non- Ethereum lovers.
Such development and enhancement-based works by Metamask is a necessary need because Metamask is continuously expanding its reach in the crypto Industry. Before the mid of this month, Metamask completed around 30 million monthly active users, which made Metamask a top active crypto wallet in the crypto industry.
Interestingly on 16 March, Joseph Lubin, CEO of ConsenSys, announced that they will launch a Metamask wallet’ native coin. The coin will be based upon the DAO-based concept and Metamask users will get airdrop of that coin.
Don’t miss a thing, sign up for our newsletter