Monday, 12 February, 2024
Imagine getting into crypto without the hassle of complicated exchanges. That’s what MetaMask’s new partnership with Visa and Transak is all about.
Now, ANYone can easily start using crypto by opening a MetaMask account and transferring fiat money directly. No more waiting for exchange KYC approvals!
📜 As of July 2023, we’ve got around 520 million doxxed crypto users worldwide. With MetaMask leading the way with its 35 million users, this new move could speed up our journey to the first billion crypto users. Other wallet providers are likely to follow suit to stay competitive.
✒ Skip the lengthy KYC process required by exchanges. No more video calls to verify your identity.
Sure, using your Visa card to transfer money to your MetaMask wallet might hint at your identity, but that’s another story.
This collaboration is a significant leap toward mainstream crypto acceptance. Now, in 145 countries, you can convert over 40 cryptocurrencies to fiat directly without centralized exchanges. This means easier, more convenient transactions for everyone.
This is a major milestone in merging the crypto and traditional finance worlds.
🤔 What are your thoughts on this new partnership?