A new fiat onramp for the well-known provider of crypto wallets
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coinbase app. Loses Popularity During Bitcoin Bear Cycle
Since Bitcoin became a thing of the past, the most popular cryptocurrency exchange and wallet has been experiencing a rapid decline in popularity.
Until recently, the most popular inquiry was, "Do you have a Coinbase app account?" It was essentially as famous as being on Facebook, in those days. Those of us who were aware of the situation were distinguished from those of us who were not.
MetaMask users can now buy crypto with fiat directly.
A new fiat onramp for the well-known provider of crypto wallets metamask provided crypto enthusiasts with a little bit of positive news on Friday as the cryptocurrency ecosystem struggles to overcome an increase in regulatory enforcement actions and a decrease in banking institutions' engagement.
Mercuryo, a leading crypto payments company, and ConsenSys, a leading Ethereum and decentralized protocols software company, announced a new partnership. Metamask users will be able to buy crypto tokens with bank cards, Apple Pay, and a variety of bank transfer methods directly from their wallets once Mercuryo's payment system is integrated.
With instant checkouts and simpler user onboarding, the integration makes it possible for users to operate entirely in the realm of decentralized finance (DeFi) rather than engaging with centralized exchanges.