MetaMask integrates Coinbase Pay into its payment system – Bits Media

Cryptocurrency wallet MetaMask has entered into a partnership with the Coinbase Pay payment system, to simplify translation, purchase and sale of crypto assets to users of both services.

The popular cryptocurrency wallet MetaMask integrates the Coinbase Pay payment system as part of its extensions in Web3. The announcement was made shortly after, How Coinbase gave Web3 developers the ability to integrate their payment system into their decentralized applications (dApps).

Earlier this month, Coinbase launched the Coinbase Pay platform, to facilitate the transfer of funds through its Web3 ecosystem. The goal was, to introduce seamless crypto payment systems in such areas, like decentralized finances (DeFi) and non -replaced tokens (NFT).

The company claims, that the current process of sending and receiving cryptocurrencies is too complicated and risky. Users have to manually copy addresses, log into different applications, прежде чем совершить транзакцию. Coinbase Pay, As reported, намерена решить эти проблемы.

«Наша новая система позволит в два клика перевести криптовалюты или купить NFT. Customers will be able to use their existing cryptocurrency balances or purchase digital assets using debit cards and bank accounts. All information will be stored with us, to simplify the conversion of fiat currencies to digital ones", – says Coinbase in a statement.

MetaMask users will be able to take advantage of Coinbase Pay features, to avoid additional registration and creation of new wallets. All information about their accounts is automatically synchronized between services.

MetaMask previously announced, which integrates several large cryptocurrency holders, such as Parfin, Gnosis Safe, Hex Trust и GK8, to expand the offer for your users.