Crypto investors have been lacking good news for a while, but now MetaMask fills that void. Users of the crypto wallet MetaMask can now easily buy and sell cryptocurrencies through a partnership with fintech firm Banxa. This move, which facilitates access to crypto, will also accelerate adoption. Amid concerns about centralized exchanges, investors have been showing great interest in decentralized wallets and DeFi platforms.
Buying Crypto with ApplePay
With the updated integration with fintech partner Banxa, MetaMask users can now purchase Ethereum and other cryptocurrencies using Apple Pay’s “one-click” service. The two companies announced their collaboration in February and today’s news heralds the next stage of integration.
Lorenzo Santos, the Product Manager of MetaMask, said that other payment providers also benefit from Apple Pay, but there are many more steps involved in the process.
“Just selecting the offer, seeing the Apple Pay user interface, and double-clicking on face ID is much easier.”
It may seem like a small technical development, but in an industry filled with user interface issues, Santos is confident that this service will be a nice addition. Santos said, “Completing the purchase will only take a minute instead of several minutes.” As for Banxa, this move comes at a time when users are increasingly opting for more decentralized options rather than centralized alternatives when diving into crypto.
