{"id":150341,"date":"2023-09-06T00:44:52","date_gmt":"2023-09-05T19:14:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=150341"},"modified":"2023-09-06T00:44:52","modified_gmt":"2023-09-05T19:14:52","slug":"metamask-launches-feature-to-sell-eth-for-fiat-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/metamask-launches-feature-to-sell-eth-for-fiat-crypto-news\/","title":{"rendered":"MetaMask launches feature to sell ETH for fiat &#8211; Crypto News"},"content":{"rendered":"<div data-v-2649fa34=\"\">\n<p>Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether\u00a0for fiat currency.<\/p>\n<p>In a Sept. 5 post on X \u2014 formerly Twitter \u2014 MetaMask <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/metamask\/status\/1699062685550485743\">said<\/a> users with crypto wallets connected to the platform\u2019s Portfolio decentralized application would be able to cash out Ether (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ethereum-price\">ETH<\/a>)\u00a0and send fiat to their bank accounts in the United States, United Kingdom and parts of Europe. MetaMask said the initial rollout was limited to ETH but planned to expand to \u201cnative gas tokens on layer 2 networks\u201d in the future.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are beyond thrilled to announce our latest feature: Sell. <\/p>\n<p>Yes, you read that right. Available on MetaMask Portfolio, \u2018Sell\u2019 allows you to cash out your crypto for fiat currency easily.<\/p>\n<p>Discover more at <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/aaSgTswEMo\">https:\/\/t.co\/aaSgTswEMo<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/pJa1ZndLQA\">pic.twitter.com\/pJa1ZndLQA<\/a><\/p>\n<p>\u2014 MetaMask  (@MetaMask) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MetaMask\/status\/1699062685550485743?ref_src=twsrc%5Etfw\">September 5, 2023<\/a><\/p><\/blockquote>\n<p>The sell feature came roughly five months after MetaMask <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/metamask-launches-new-fiat-purchase-function-for-cryptocurrency\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/metamask-launches-new-fiat-purchase-function-for-cryptocurrency\/amp\">launched a function<\/a> allowing users to purchase cryptocurrencies using fiat from bank accounts, PayPal, and debit and credit cards. The platform said at the time it planned to roll out the &#8220;buy crypto&#8221; service for more than 90 tokens to users in more than 189 countries.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/metamask-rolls-out-eth-purchases-via-paypal-to-us-users\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/metamask-rolls-out-eth-purchases-via-paypal-to-us-users\/amp\"><strong><em>MetaMask rolls out ETH purchases via PayPal to US users<\/em><\/strong><\/a><\/p>\n<p>MetaMask has previously <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/metamask-enables-direct-crypto-purchases-in-nigeria\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/metamask-enables-direct-crypto-purchases-in-nigeria\/amp\">announced partnerships with crypto on-ramp providers<\/a>, including MoonPay, Sardine, Transak and Wyre. In March, the platform <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/metamask-institutional-unlocks-solo-eth-staking-marketplace\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/metamask-institutional-unlocks-solo-eth-staking-marketplace\/amp\">launched a staking marketplace<\/a> for its institutional clients.<\/p>\n<p>The crypto wallet, used by many retail investors in various countries, has often been a target for scammers and bad actors. Cointelegraph reported on Sept. 5 that scammers had <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/metamask-scam-government-websites-crypto-investors\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/metamask-scam-government-websites-crypto-investors\/amp\">taken control of certain government websites<\/a> in India, Nigeria, Egypt, Colombia, Brazil and Vietnam in order to trick users into sending their personal information to fake MetaMask sites.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/recursive-inscriptions-bitcoin-supercomputer-defi-aws-possible\/\"><strong><em>Recursive inscriptions: Bitcoin \u2018supercomputer\u2019 and BTC DeFi coming soon<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether\u00a0for fiat currency. In a Sept. 5 post on X \u2014 formerly Twitter \u2014 MetaMask said users with crypto wallets connected to the platform\u2019s Portfolio decentralized application would be able to cash out Ether (ETH)\u00a0and send fiat to their bank accounts [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":150342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-150341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=150341"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150341\/revisions"}],"predecessor-version":[{"id":150344,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150341\/revisions\/150344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/150342"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=150341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=150341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=150341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}