The new Apple Pay feature on MetaMask will make it such that users (iPhone) could convert crypto without having to leave the app.
On Tuesday, MetaMask, which is owned by ConsenSys, tweeted a series of updates for iPhone and Apple Pay users. The key feature is the ability to purchase cryptocurrencies with a debit or credit card directly from the mobile app, avoiding the need to transfer Ether (ETH) from a centralized exchange like Coinbase.
To facilitate debit and credit card transactions, MetaMask uses two payment gateways: Wyre and Transak. Thanks to the Wyre API, users can now utilize their Visa and Mastercards stored in Apple Pay to buy ETH and deposit a daily maximum of $400 into their wallets.
Gas fees are supposedly cheaper, and some transactions may even be gasless if done on a private blockchain or if a project pays for the gas on the user’s behalf, according to MetaMask’s tweets. MetaMask informs that company does not profit from gas fees while making an ETH purchase.
Tether (USDT), USD Coin (USDC), and Dai (DAI) have been available for purchase on the Ethereum mainnet in MetaMask via Transak for some time now. Users can now buy crypto using over 60 foreign currencies utilizing bank transfers and credit/debit cards, thanks to the most recent upgrade.
According to the business, customers in the United States can now purchase Fantom and Avalanche native tokens. The specific payment methods and fees vary by area.
The modifications, according to James Beck, director of communications and content at ConsenSys, are intended to improve accessibility and eliminate friction.
“We wanted to make it such that users could convert crypto without having to leave the app,” he explained. More integrations that “maximize” opportunities and “streamline” buying crypto are on the way, he said.
When it comes to sending tokens, MetaMask tweeted about another “critical” security upgrade. Tokens are delivered to a contract address with instructions on how to transmit a given amount of tokens to a recipient address, unlike ETH, which is simply sent to a recipient address. Users may now “clearly see” which contract is asking for approval, label it, and save it.
In a previous Twitter thread, MetaMask users were urged “to be careful while interacting with contracts” and approve a specific address to shift tokens.
They argued that authorizing tokens could lead to wealth theft and that the only way to safeguard oneself is to cancel token permits.
MetaMask implements dark mode for iOS
MetaMask has also added the Apple Dark Mode option, which was requested by users. “Wen dark mode?” Beck claimed. Users’ most anticipated inquiries were “wen token” and “wen token.”
If a user’s iPhone Operating System has dark mode enabled system-wide, dark mode will be enabled automatically in the app. Dark mode for the MetaMask Extension is “coming soon,” according to the firm.
MetaMask has bought MyCrypto, an Ethereum wallet interface provider, in order to combine technologies and eventually merge MyCrypto with the MetaMask wallet in order to improve the security of all of their products.
