MetaMask, the popular Ethereum wallet, has added support for bank transfers. This means that users can now send and receive money from their bank accounts using MetaMask.
The addition of bank transfer support is a major step forward for MetaMask and will make it easier for users to transact with each other. It also opens up new possibilities for MetaMask to be used as a payment platform.
“Instant ACH allows orders to complete in minutes instead of days like a standard ACH order, and works on holidays, unlike regular ACH,” ConsenSys said.
MetaMask is a popular Ethereum wallet that allows users to store, send, and receive Ether and other Ethereum-based tokens. It also allows users to access decentralized applications (apps) on the Ethereum network.
The addition of bank transfer support will make it easier for users to buy and sell Ether and other tokens on MetaMask. It will also allow MetaMask to be used as a payment platform for dapps.
MetaMask is available on the web, as a browser extension, and as a mobile app.
You can also pay with a credit or debit card, which will work in much the same way as bank transfers. You will need to enter your card details and then confirm the payment.
It is quicker than bank transfers and you do not need to worry about the holidays. It just takes a few minutes for the payment to go through with this provided through Sardine.
“Sardine is an instant fiat and crypto settlement platform with a robust compliance and fraud prevention infrastructure used behind the scenes by existing crypto providers like FTX, MoonPay, Blockchain, and Autograph,” they say.
MetaMask has grown to become one of the most popular Ethereum wallets with over 1 million active monthly users. They have a swap feature that allows you to instantly trade one cryptocurrency for another without having to go through an exchange. This is a great feature if you want to quickly trade your Bitcoin for Ethereum or vice versa. This is now handling some $1 billion in monthly volume.
MetaMask is still a new project and it’s unclear if they’ll airdrop tokens to their users. Joseph Lubin, the CEO of ConsenSys, has claimed that there is a DAO being formed for MetaMask. The speculated token even seemed to confirm that a token will be integrated.
No tokens have been launched yet, so it is one of a handful of eth projects without tokens.