MetaMask and MoonPay Partner to Offer Instant Bank Transfers for Crypto Purchases in Nigeria

Estimated read time 3 min read
  • ConsenSys and MoonPay, the fiat-to-crypto payment provider, have announced a partnership to enable crypto payments in Nigeria.
  • Through this partnership, Nigerian users can now easily purchase cryptocurrencies such as BTC and ETH directly from their MetaMask wallets using their debit cards or bank accounts.

ConsenSys and MoonPay Partner to Enable Direct Crypto Purchases in MetaMask for Nigerian Users

ConsenSys, a blockchain software technology company, and MoonPay, a fiat-to-crypto payment provider, have announced a partnership to enable direct cryptocurrency purchases in MetaMask, the popular Ethereum wallet. This move is aimed at making it easier for Nigerian users to access cryptocurrencies.

Nigeria is one of the countries with the highest adoption rates of cryptocurrencies in the world. However, until now, it has been difficult for Nigerian users to purchase cryptocurrencies due to the lack of easy and convenient ways to do so.

The partnership between ConsenSys and MoonPay will address this issue by allowing Nigerian users to purchase cryptocurrencies directly from their MetaMask wallets using their debit cards or bank accounts. This will remove the need for intermediaries and complex processes, making it easier for people to invest in cryptocurrencies and take advantage of the benefits they offer.

Joseph Lubin, the founder of ConsenSys, said that the partnership with MoonPay will help to accelerate the growth of the crypto industry in Nigeria by making it more accessible to people.

“We are excited to partner with MoonPay to enable Nigerians to easily access cryptocurrencies directly within MetaMask. This partnership will help to accelerate the growth of the crypto industry in Nigeria by providing users with a seamless and secure way to purchase cryptocurrencies,” he said.

For MoonPay, the partnership with ConsenSys is part of the company’s mission to make it easy for everyone to access and use cryptocurrencies.

“We are committed to making cryptocurrencies accessible to everyone, regardless of their location or financial circumstances. This partnership with ConsenSys is a major step forward in our mission, and we are excited to see how it helps to grow the crypto industry in Nigeria,” said MoonPay CEO Ivan Soto-Wright.

The availability of direct crypto purchases in MetaMask is a step in the right direction toward promoting financial inclusion and innovation in Nigeria. It is also a testament to the potential of cryptocurrencies to transform the way we think about money and financial transactions.

As the crypto industry continues to grow and evolve, partnerships like the one between ConsenSys and MoonPay will play a crucial role in making cryptocurrencies more accessible and user-friendly for people around the world.

If you are in Nigeria and looking to invest in cryptocurrencies, now is a great time to check out MetaMask’s direct purchasing feature and take advantage of the benefits it offers. And for those outside of Nigeria, keep an eye out for similar developments in your region, as the crypto industry continues to expand and revolutionize the way we do business.

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