Digital digital technologies are these electronic tools that have the ability to generate, store or even process data. wallet a place where cryptocurrency users can store, send and receive digital assets. provider MetaMask now allows cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. purchases with Brazilian reals.
- Metamask allows cryptocurrency purchases with Brazilian reals
- Latest crypto company to integrate with Brazil’s Pix payment system
- The purchase is by direct bank transfer, without going through intermediary exchanges.
Pix a payment system created by the Central Bank of Brazil a fines of 2020 which allows peer-to-peer transfers in seconds, is increasingly becoming a means to buy cryptocurrencies. In fact, it is used by the e xchange Binance.
Now, Metamask, one of the largest crypto wallet providers, announced the integration of payment system Pix of the Brazilian government and started allowing cryptocurrency purchases with Brazilian reals. It is important to note that Pix has a whopping 126 million users.
MetaMask an online digital wallet that allows users to manage, transfer and receive Ethereum, operating as an extension to a regular browser. was integrated with Pix through the payment infrastructure company MoonPay, which charges a 1% commission per transaction, plus a network a network refers to all nodes in the operation of a blockchain at any given moment in time. fee calculated in real time, he said. MetaMask in a statement.
April, MetaMask partnered with MoonPay to allow users to purchase Ether the form of payment used in the operation of the distribution application platform, Ethereum.and other ERC-20 tokens designed and used solely on the Ethereum platform. tokens through different payment methods, such as cards, bank transfers, and Apple Pay.
MetaMask services in Brazil
Moreover, with this novelty, MetaMask removes barriers for Brazilians to access the world of decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. finance (DeFi), non-fungible tokens (NFT) and other applications that communicate directly with Web wallets3; these applications act as logins to use the services.
En Brazil, MetaMask currently requires a minimum transaction of R $102 (Brazilian reals), equivalent to USD $20, to buy ether.
The Central Bank’s instant payment system is available to purchase any token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. supported by the wallet, such as those running inEthereum a decentralized open-source blockchain with smart contracts functionality. (ETH), Polygon (MATIC), Binance Smart Chain, Avalanche (AVAX)y Celo (CELO).
Brazil: the second largest
The integration of Pix en MetaMask comes after the company’s repeated reports that Brazil has become its second largest market an area or arena, online or offline, in which commercial dealings are conducted. in the world, behind only the United States. One of the drivers of the move, according to the company, is the adoption of the games. Blockchain.
ConsenSys, owner of MetaMask also targets corporate customers in Brazil with the offer of Institutional MetaMask, which is equipped with Parfin, fintech founded by Brazilians in the U.S.
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