BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

MetaMask Introduces ‘Sell’ Feature Enabling Users to Cash Out Crypto for Fiat

by BlockNews Team
September 7, 2023
in BUSINESS, CRYPTO, MEDIA
Reading Time: 3 mins read
A A
1
SHARES
21
VIEWS
Share on XShare in TelegramShare on Reddit
  • MetaMask now allows users to sell Ether (ETH) for fiat currency in the United States, United Kingdom, and parts of Europe.
  • This feature expands their previous function, enabling users to buy cryptocurrencies using fiat from bank accounts, PayPal, and debit/credit cards.
  • MetaMask plans to expand its services further to include “native gas tokens on layer 2 networks” in the future and has partnered with various crypto on-ramp providers.

On Tuesday, the popular Ethereum wallet MetaMask introduced a “Sell” option that will enable users to withdraw their cryptocurrency as cash.

According to the release, users can now trade cryptocurrencies in their Metamask Portfolio for fiat currency. Users can transfer the proceeds to their bank account or PayPal balance when they sell their cryptocurrency.

The feature is currently limited in availability; however, it is available in major markets. Sell is specifically available in the United States, the United Kingdom, and some parts of Europe. The functionality supports the local currency of each region: the US dollar, the British pound, and the euro.

Furthermore, Sell currently only enables ETH-to-fiat conversions. Metamask stated that the feature will be enhanced in the future to include native gas tokens on layer-2 networks.

Aside from Sell, MetaMask supports Ethereum and the majority of ERC-20 tokens. It also supports numerous EVM-compatible networks and coins, including Arbitrum, Optimism, BNB Chain (previously Binance Smart Chain), Polygon, and Avalanche. It’s unclear which of those assets and networks Sell will eventually back.

Sell is one of MetaMask’s Many Features

The new Sell option from MetaMask is part of the company’s Portfolio service, which provides additional features in addition to primary cryptocurrency holding and trading.

Sell directly replaces MetaMask’s existing Buy feature, launched in April 2023. According to current site information, customers can use this feature to purchase more than 75 tokens across eight blockchains in various nations.

Buy also offers a broader range of payment methods, including debit and credit card transfers, PayPal transfers, bank transfers, quick ACH transfers, etc.

According to MetaMask, these capabilities would provide users with a “self-sufficient web3 experience” and limit the number of intermediaries that users must work with when buying and selling cryptocurrency. Users must typically move cryptocurrency between wallets and exchanges to purchase and sell Bitcoin.

ConsenSys, a leading Ethereum development corporation, owns and develops MetaMask. MetaMask had approximately 30 million active users in 2022.

MetaMask has previously partnered with cryptocurrency on-ramp providers such as MoonPay, Sardine, Transak, and Wyre. The platform established a staking marketplace for its institutional clients in March.

Tags: ConsenSysMetamask
TweetShareShare
Previous Post

Circle Urges EBA to Align Guidelines with MiCA Legislation

Next Post

Vitalik Buterin Co-authors Paper on Privacy Pools, A Protocol Bridging Privacy and Regulation

DON'T MISS THESE! HOT OFF THE PRESS

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling
CRYPTO

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?
CRYPTO

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak
CRYPTO

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party
CRYPTO

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?
BITCOIN

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL
BITCOIN

Crypto Supply Shock: Bitwise Predicts Bullish Runs for BTC, But Shows Doubt With ETH and SOL

July 1, 2025
Load More

Related News

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

Anime 2.0 Revealed: Studio Azuki and the New Wave of Anime Storytelling

July 1, 2025
Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

Pi Coin in July 2025: Rebound Brewing or Another Breakdown?

July 1, 2025
VeChain Struggles to Regain Steam After December Peak

VeChain Struggles to Regain Steam After December Peak

July 1, 2025
Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

Shiba Inu’s Golden Cross Sparks $110M Whale Surge as Pippen Joins the Party

July 1, 2025
Toncoin and Telegram: The Sleeping Giant of 2025?

Toncoin and Telegram: The Sleeping Giant of 2025?

July 1, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.