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Tuesday, May 21, 2024

Metamask will allow US customers to buy cryptocurrency

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Financial platform Sardine, which offers instant settlements through Alchemy Pay (ACH), and technology company ConsenSys, which owns Metamask, announced a partnership agreement.

The agreement implies the launch of the service of buying crypto assets directly from bank accounts through the wallet user interface. To use the new “Instant ACH Payments” option, Metamask users must be verified (KYC) on the Sardine platform.

To combat fraud, Sardine has set purchase limits of $3,000 per day, $5,000 per week, and $25,000 per month: “Unlike the traditional scheme for acquiring crypto assets, instant settlements through the ACH service allows you to fulfill purchase orders almost instantly, around the clock, without days off and holidays.

” For ConsenSys, the signing of the partnership agreement is a continuation of supporting Sardine in expanding its business. Previously, the technology company behind Metamask participated in another round of funding for Sardine.

In September, the developers of the MetaMask cryptocurrency wallet launched a beta version of the Portfolio DApp, a single interface for all assets and user addresses.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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