- U.S. Metamask users can now buy crypto instantly through their bank card
- The wallet is working with Sardine to allow instant crypto purchases
- The move brings Metamask more into the mainstream
Metamask has taken a huge step towards mainstream adoption by allowing U.S. users to buy crypto with a bank card. The move, made possible thanks to the Web 3.0 wallet giant teaming up with instant fiat and crypto settlement platform Sardine, means that U.S. users can buy crypto through their bank and have it instantly available in the Metamask wallet, rather than having to buy elsewhere and send to the platform.
A fox and a sardine walk into a bar and, yes, bring out the best in each other.
Pumped to announce that US 🦊 users can now buy crypto through @sardine!
Sardine’s INSTANT ACH-to-crypto purchase allows you to enjoy your funds without waiting for days🧵👇https://t.co/g33BtoNVHO
— MetaMask 🦊💙 (@MetaMask) October 11, 2022
Metamask Seeks Mainstream Adoption
Metamask has been the go-to decentralised wallet for many in the space for years now, but it has always suffered with adoption outside the crypto circle by the fact that it could not be used to onboard new users. The deal with Sardine has changed this however, and indeed has benefits over other on-ramps now, in particular the instant arrival of users’ crypto.
U.S. users wishing to make the most of this service will be pleased to know that Sardine’s payment system allows instant purchases of up to $3,000 per day, $5,000 per week, and $25,000 per month with support for over 30 tokens. The company already works as the backend provider for existing crypto providers like FTX, MoonPay, Blockchain and Autograph, so it certainly knows what it’s doing.
Nothing Fishy About Sardine
Sardine also says it is a leader in real-time fraud detection, with its Automated Clearinghouse
(ACH)-to-crypto solution allowing users to move money quickly and safely. ACH allows your crypto to be sent to you the minute the buying instruction is received, rather than waiting for Sardine to receive your funds.
It’s not clear whether such a program will be expanded to other areas, but for U.S. users at least Metamask is becoming much more than an insider’s Web 3.0 wallet.