MetaMask rolls out ‘Sell’ feature, allowing users to cash out crypto to fiat in-app | Headlines | News | CoinMarketCap
09/06/2023 03:32
Popular Ethereum wallet MetaMask announced a “Sell” feature on Sept. 5 that will allow users to withdraw their cryptocurrency as cash. That …
Popular Ethereum wallet MetaMask announced a “Sell” feature on Sept. 5 that will allow users to withdraw their cryptocurrency as cash.
That announcement indicates users can now sell cryptocurrency in their Metamask Portfolio for fiat currency. Once a user sells their crypto, they can send the converted funds to their bank account or to their PayPal balance.
The feature currently has limited availability but is available in major markets. Specifically, Sell is available in the U.S., the U.K., and parts of Europe. The feature supports each region’s local currency: the U.S. dollar, the British pound, and the euro.
Additionally, Sell only supports ETH-to-fiat conversions at present. Metamask said that the feature will be expanded to native gas tokens on layer-2 networks in the future.
…