Crypto wallet MetaMask is making it easier for users to turn their fiat into crypto through an integration with fintech firm Sardine, MetaMask parent company ConsenSys announced this week.
MetaMask users will now be able to fund their crypto wallets via bank transfers instantly, instead of having to wait for traditional fund transfers to clear.
In a blog post, ConsenSys argued that instant ACH transfers through Sardine are better than other methods for some users. For example, going through a crypto exchange or paying with a credit card can be less flexible because those methods may have monetary limits or result in declined transactions.
Through the new MetaMask integration, users will be able to turn their hard-earned cash into more than 30 tokens, up to Sardine’s daily transaction maximum of $3,000.
But instant conversions and purchases may raise questions about safety—and whether it potentially increases the risk of fraud or other illicit activity.
“Sardine’s payment system...
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