Financial news

Mercuryo, a crypto payments company, and ConsenSys, a web3 company, have announced an integration within MetaMask. This will allow MetaMask users to bypass mainstream exchanges and buy crypto tokens with bank cards, Apple Pay, and various bank transfer methods directly in their wallets. The integration aims to simplify purchasing digital assets thanks to instant checkouts and easier user onboarding.

Inspired primarily by users with little experience in crypto, the partnership would also benefit those looking for a quick and easy way to restock their portfolio. As a result, MetaMask users will be able to buy popular tokens and coins and with two dozen fiat currencies.

Petr Kozyakov, CEO of Mercuryo, comments: “Collaborations with market leaders like MetaMask are an exciting opportunity for Mercuryo to help more people experience cryptocurrencies in the easiest way possible. 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.”

Purchasing crypto tokens can often be time-consuming, requiring identity verification and clearing banking details. Mercuryo’s product streamlines this process by allowing MetaMask users to purchase up to €699 in crypto in five easy steps without needing full identity verification.

To purchase crypto through MetaMask, users need to log in to the app, tap on “Buy” and select the payment method. They then need to input the desired amount and token, review quotes and choose one from Mercuryo. The transaction is completed by following the link to the Mercuryo website.

Democratising decentralised web

Since launching in 2016, MetaMask has been on a mission to democratise access to the decentralised web and ensure easy access to cryptocurrency by providing on-ramp functionality with well-established payment providers, varying by region. The MetaMask and Mercuryo push is the latest in a series of integrations aiming to improve and diversify user payment options.

“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,” said Lorenzo Santos, product manager for MetaMask. “This enables our users to seamlessly explore the Web3 ecosystem, including NFT marketplaces, play-and-earn games, decentralised autonomous organisations (DAOs), decentralised finance (DeFi) applications, and metaverse worlds.”

Fiat currencies supported

• EUR – Euro
• USD – US dollar
• GBP – British pound
• TRY – Turkish lira
• JPY – Japanese yen
• BRL – Brazilian real
• NGN – Nigerian Naira
• VND – Vietnamese Dong
• MXN – Mexican Peso
• KRW – South Korean won
• PLN – Polish zloty
• SEK – Swedish krona
• CHF – Swiss franc
• CAD – Canadian dollar
• CZK – Czech koruna
• DKK – Danish krone
• BGN – Bulgarian lev
• HKD – Hong Kong dollar
• AUD – Australian dollar

Crypto currencies supported

• Ethereum (ETH)
• Basic Attention Token (BAT ERC-20)
• Tether (USDT ERC-20)
• OKB (OKB) (ERC-20)
• Dai (DAI). (ERC-20)
• Toncoin (TON)
• Binance coin (BNB BEP20)
• Binance USD (BUSD BEP20)
• 1inch token (1INCH BEP20)
• Avalanche (AVAX C-Chain network)
• Polygon (MATIC)
• USDC (USDC TRC-20)
• Fantom (FTM)
• Dogecoin (DOGE)
• Decentraland (MANA ERC-20)
• The Sandbox (SAND ERC-20)
• Curve DAO Token (CRV ERC-20)
• DYDX (DYDX ERC-20)