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MetaMask Launches Instant ACH for U.S. Users to Buy Crypto Directly from Bank Accounts

MetaMask introduces a new feature enabling U.S. users to purchase cryptocurrencies instantly via bank accounts, thanks to a partnership with Sardine, offering higher limits and faster settlements.
Published on 2022-10-14

MetaMask Introduces Instant ACH for U.S. Users

MetaMask, a leading crypto wallet, has unveiled a feature allowing U.S. users to buy cryptocurrencies directly from their bank accounts with instant ACH settlements, eliminating delays.

How It Works

Through a partnership with Sardine, an instant ACH provider, MetaMask offers faster transactions, even on bank holidays. Users can purchase up to $3,000 daily, $5,000 weekly, and $25,000 monthly, with over 30 cryptos available.

Enhanced Security and Compliance

The feature requires compliance with Sardine's KYC process to minimize scams and fraud, ensuring a secure transaction environment.

Competition Heats Up

Zerion, a Web3 investing tool, has raised $12.3 million to challenge MetaMask's dominance, signaling growing competition in the crypto wallet space.

Why It Matters

This update simplifies crypto purchasing and management, strengthening MetaMask's position in the market.

Further Reading

Explore MetaMask's new portfolio dApp and social expansion features for more insights into their growth strategy.

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