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MetaMask users can now buy cryptocurrency using Apple Pay
April 05, 2022
MetaMask, a well-known cryptocurrency wallet provider reported Apple Pay integration to its application and website. While Apple doesn’t directly support crypto payment directly, MetaMask clients will be diverted to Wyre, a cryptoexchange that facilitates buying & selling of cryptocurrency, clients will currently have the choice to make the payment by means of credit or debit card through Apple Pay.
Apple Pay clients can store an everyday limit of $400 into their wallet utilizing their Visa or Mastercards and the Wyre API.
For the uninitiated, MetaMask is a crypto wallet service provider which allows clients to store cryptocurrency like Ethereum, Bitcoin, and so forth and even NFTs. It allows clients to connect with more than 3,700 different decentralized applications and Web 3 services.
The crypto organization declared the new slew of updates on Twitter. To add any cryptocurrency, MetaMask charges a gas fee as well its own claim transaction fees which are 0.875 percent of the transaction. According to MetaMask, it procures nothing from the gas fee but only earns from the transaction fee it charges.
It ought to be noticed that to use either Apple Pay platform should complete KYC (know-your-customer) process. The organization has likewise added support for private blockchains. “A few networks allow for gasless transactions,” the organization said on Twitter adding that it presently supports these kinds of transactions.
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