Millions of MetaMask users now have much eaier accessibility to bridge the gap between fiat and digital assets.
Mercuryo Partners with ConsenSys
Mercuryo has announced a partnership with ConsenSys that will allow crypto users to buy tokens and assets with fiat directly through MetaMask. The move is another step towards increasing mass adoption and reducing friction between fiat and crypto.
Crypto users will have less friction and more accessibility to assets via MetaMask thanks to the new partnership. Users will be able to “bypass mainstream exchanges” to purchase crypto and digital assets with bank cards, Apple Pay, and various bank transfer methods directly in MetaMask, according to a PR shared with BSC News.
“Collaborations with market leaders like MetaMask are an exciting opportunity for Mercuryo to help more people experience cryptocurrencies in the easiest way possible,” said Petr Kozyakov, CEO of Mercuryo. “Instead of opening yet another new account at one of the exchanges, the users can manage their digital assets on a single platform. We always put customers and their convenience first when enhancing business services with our products.”
The new development does come with a few limitations. MetaMask users will only be able to buy up to €699 of crypto and will be integrated with around 20 fiat currencies. Despite the limitations, the move is a major step in eliminating onboarding obstacles for new crypto users and increasing the Degen tendencies of veterans.
“Our integration with Mercuryo helps streamline onboarding and the process of acquiring digital assets, including the option to purchase up to €699 in crypto without complex identity verification,” added Lorenzo Santos, Product Manager for MetaMask. “This enables our users to seamlessly explore the Web3 ecosystem, including NFT marketplaces, play-and-earn games, decentralized autonomous organizations (DAOs), decentralized finance (DeFi) applications, and metaverse worlds.”
What is Mercuryo:
Mercuryo is a global payments infrastructure platform, reinventing the ease of making payments by providing businesses from both the fiat and crypto worlds with a wide range of financial services and products, accessible through single API integration. Since its inception in 2018, Mercuryo has been developing a holistic fintech platform with several products including BaaS (Banking-as-a-Service), CaaS (Crypto-as-a-Service), On-Off Ramps, Pay In-Out; and secured partnerships with over 200 crypto companies, working with leading industry players such as Trust Wallet, Ledger, Trezor, 1inch, Gate.io, Nexo, OKX, Bitcoin.com, and Bybit.
Where to Mercuryo:
What is ConsenSys:
ConsenSys is a leading Ethereum and decentralized protocols software company. We enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of Infura, Quorum, Codefi, MetaMask, MetaMask Institutional, Truffle, Diligence, and our NFT platform, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets. Ethereum is the largest programmable blockchain in the world, leading in business adoption, developer community, and DeFi activity. On this trusted, open-source foundation, we are building the digital economy of tomorrow.
Where to find ConsenSys:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.