MetaMask Users Can Now Buy Cryptocurrency Using Apple Pay’s “1-Click” Service
Users of crypto wallet MetaMask can now buy Ethereum and other cryptocurrencies using Apple Pay’s “1-click” service. This feature is made possible through an updated integration with fintech partners Banxa. Of the eight different on- and off-ramp services linked with MetaMask, Banxa is the only one offering the “1-click” service. The integration reduces friction for returning users, allowing them to complete their purchases more quickly. This improvement is expected to attract more users and increase transaction volume. Banxa’s motivation to provide this service comes as more users are opting for non-custodial options in the crypto industry. MetaMask currently has 30 million active users, making it a leader in the sector.
Key Points:
- MetaMask users can now purchase cryptocurrencies using Apple Pay’s “1-click” service through an integration with Banxa.
- This feature is available for returning users who have completed KYC and reduces friction in the purchasing process.
- Other payment providers have more steps involved in implementing Apple Pay, making Banxa’s integration more streamlined.
- Banxa’s motivation to provide this service is driven by the growing popularity of non-custodial options in the crypto industry.
- MetaMask currently has 30 million active users, positioning it as a leader in the market.
Hot Take:
The integration of Apple Pay’s “1-click” service with MetaMask is a significant step towards improving the user experience for buying cryptocurrencies. By reducing friction and streamlining the checkout process, MetaMask and Banxa are making it easier for users to complete their purchases. This move aligns with the increasing demand for non-custodial options in the crypto industry and is expected to attract more users to MetaMask. With its large user base of 30 million active users, MetaMask continues to dominate the market and prioritize user-friendly features.
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