MetaMasK, a self-custodial wallet, has just made it easier for users to cash out their crypto. Before, people could only sell Ethereum (ETH) on the Ethereum network, but now, thanks to a partnership with Transak, users can sell multiple cryptocurrencies like BNB on BNB Chain, POL-on Polygon, and ETH on Optimism.
This expansion now works across more than ten networks, making it more flexible for users who want to turn their crypto into cash.
MetaMask first introduced off-ramping with Transak back in September 2023, but only Ethereum users in the EU and UK had access to it. Now the partnership has changed that.
Soon, in a matter of months, the feature will be accessible in more than 100 countries and be compatible with other cryptocurrencies as well.
Before this upgrade, customers would have to first convert their crypto to Ethereum in order to cash out, and that came with more steps and additional fees. Now, customers can skip the inconvenience and just directly sell their crypto, which takes less time and is cheaper.
For many crypto users, cashing out has been a frustrating experience, especially because they have to undergo verification of their identity (KYC) multiple times on different platforms. MetaMask and Transak are solving this problem with this release.
If the user has already completed their KYC on any platform integrated with Transak, they don’t have to do it again. Moreover, Transak’s Multi-Level KYC system makes sure the process is easy.
“MetaMask remains one of the first crypto wallets for most Web3 entrants in 2025. Its massive and fast-growing user base requires a simple way to enter and exit the crypto market,” said Yeshu Agarwal, Co-Founder & CTO at Transak. This update completes the loop, allowing users to buy and sell crypto easily within the same platform.
Meanwhile, this update isn’t just for developed markets like the UK, Germany, and Japan, it’s also making a difference in underbanked regions like Brazil, Kenya, and Indonesia. Now, more people worldwide can cash out their crypto without relying on big exchanges.
“At MetaMask, we believe in creating tools that empower individuals to take control of their financial futures,” said Lorenzo Santos, Senior Product Manager at Consensys.
