MetaMask enables users to purchase cryptocurrency via Apple Pay

A famous crypto wallet provider, MetaMask declared Apple Pay integration to its website and app. While Apple doesn’t support cryptocurrency payment directly, MetaMask users will be redirected to Wyre, a crypto exchange that supports the selling and buying of crypto, users will now have the alternative to make the payment via debit or credit card through Apple Pay.

For the unversed, MetaMask allows users to store cryptos like Bitcoin, Ethereum, etc., and even non-fungible tokens (NFTs). It enables users to connect to more than 3,700 various decentralized apps and Web 3 services.

The crypto firm declared the new series of updates on Twitter. To add any crypto, the MetaMask charges a gas fee and its transaction fee which is 0.875% of the transactions. According to the MetaMask, it doesn’t earn anything from the gas fee but only earns from the transaction fee it charges.

It should be acknowledged that to utilize either Apple Pay platform must complete the KYC process. The firm has also added support for private blockchains. On Twitter, the firm said that some networks allow for gasless transactions. The firm added that it now fosters such transactions.

Author: Diksha Khiatani

A writer by day and a reader at night. Emerging from an Engineering background, Diksha is a travel freak and anxious to explore different cultures and religions. Inclined towards the off-beat places, she wishes to uncover the secrets on her Scooty (if possible). She always grabs some time to take a quick nap, listen to music, skating and eat a brownie.

Leave a Reply

Your email address will not be published.