MetaMask Makes Selling Crypto Easy
MetaMask Portfolio introduced a Sell feature, streamlining the process of converting crypto to fiat and cashing out directly in app.
The Deets
- Sell feature aggregates multiple vetted providers for real-time conversion rates.
- Currently available in the US, UK, and parts of Europe, with expansion plans.
- Initial support for ETH on Ethereum Mainnet, layer 2 networks to follow.
- Funds can be sent directly to bank accounts or PayPal balances.
The Bulk
MetaMask Portfolio is now making it easier than ever for crypto enthusiasts to liquidate their assets. With the introduction of the new Sell feature, users are no longer tied to one provider for their fiat conversions.
The Sell feature offers an aggregated list of vetted providers, many of whom are already part of MetaMask’s Buy flow. This ensures users have multiple real-time options for converting their ETH to various fiat currencies like USD, EUR, and GBP.
As of now, the feature is accessible to users in the United States, the United Kingdom, and select European countries. MetaMask has future plans to roll this out to a global audience, thereby making web3 more attainable to people worldwide.
The service is initially focusing on ETH conversions on the Ethereum Mainnet. However, the company has announced it will soon support native gas tokens on layer 2 networks, broadening the feature’s utility.
📊 By the Numbers
MetaMask reportedly has over 10 million monthly active users.
🎬 Take Action
To take advantage of the Sell feature, users can head over to the MetaMask Portfolio to get started.
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