MoonPay teams up with Metamask to simplify Fiat Money
Many companies are contributing to Web3. Though the reasons are vast — security, efficiency, consumer privacy, etc., there seems to be a bit of competition among them in this.
More influential are joining the metaverse, and tech companies too. We see increasing numbers of startups contributing to Web3 in related ways. Web3 will be an interesting place.
MoonPay is a financial technology that creates payment basics for crypto. They have gradually shown us that they are not only interested in the payment but the Web3 itself, via some developments. This, until they attracted an $87 million investment from Justin Bieber.
MoonPay is progressing in its mission. Now, they have collaborated with the leading crypto wallet provider, Metamask to allow users to buy ETH in fiat with payment methods.
MoonPay now has access to more than 30 million Metamask users. The financial technology recently announced on its blog its objectives of simplifying connections for many popular NFT marketplaces via Metamask.
Buying Crypto Using MoonPay — Metamask
You need to install an updated version of Metamask, or rather upgrade to version 4.4. Add the Moonpay interface and find the blue buy button to purchase your Ethereum.
The MoonPay interface has been added to the latest version and you will be able to fund your Metamask wallet without a ‘middleman’ — external exchanges in the middle.
15% of people do not use crypto because of the hostile nature of some crypto interfaces and so this development is seen to attract more users into the blockchain space.
MoonPay also showed some tweets announcing this development and how both applications work together. The tweet reads:
You can buy crypto directly on @Metamask with your card using MoonPay!
Followed by a video with the link: https://t.co/9L7Z3RfaQS
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