Metamask, one of the most used coding portfolios in the world, is a revolution in access to cryptocurrencies through a great expansion of their functions.
Thanks to the cooperation with Transk, a specialized payment provider, the portfolio now supports exit from 10 BLOCKAINS new, which simplifies the conversion of digital assets into traditional currencies.
A step forward to Mitamask on Fiat
The complex assembly process often represents an obstacle to the accreditation of cryptocurrencies by traditional users. According to industry experts, this difficulty slowed the market growth, limiting the possibility of the expansion of Blockchain technology.
With the introduction of new direct conversion features from Crypto to FIAT, Metamask aims to overcome these barriers and make the sector closer to the first billion users.
Even today, Metamask users had to convert their assets into ETHER codes before they could exchange them to get the Fiat currencies. This process added the costs of transactions and moderate steps, making the interaction with the traditional financial system easier.
Supported Blockchains and the first compatible symbols
As part of cooperation with Transk, Metamask expanded support outside the garbage for the following tiles:
- Mainnet
- Avalanche C-chain
- a base
- BNB series
- Silo
- Phantom
- Moon beam
- the moon
- optimism
- ribbed
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The first four symbols that get immediate support for direct withdrawal in the Fiat currencies are:
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- Eth on ethereum
- Eth on optimism
- BNB on BNB series
- Matic icon on the polygon
Other six network support will be implemented gradually, which increases the expansion of Metamask users.
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Reducing barriers between encryption and traditional currencies
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Lorenzo Santos, the manager of the first product at Consensys, stated that the expansion of the overcoming transak removes barriers between cryptocurrencies and traditional currencies, allowing users to convert a wide range of symbols directly into FIAT money.
This innovation represents an advantage for both experienced traders and new users. The most easy -to -length payment stairs can encourage more people to invest in encrypted currencies, overcoming the initial difficulties related to transfer operations.
Metamask and the future of encrypted transactions
Metamask has already proven to be one of the most diverse and widely used tools in the management of cryptocurrencies, and this new integration enhances its role in the market. The transition between digital assets and traditional currencies is more smooth is a strategic step that can accelerate the adoption of prevailing cryptocurrencies.
The growth in the subsidized Blockchains number and simplifying the process of Crypto to FIAT is a decisive step towards a more easy and comprehensive financial environmental system. With these innovations, metamask not only enhances the user experience, but also helps reduce barriers between the world of encryption and the traditional economy.
