MetaMask and Transak Team Up to Make Cashing Out Crypto Easier
Customers will be able to directly sell their crypto in more than 100 countries after a simple KYC.
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meta shareholders reject push for Bitcoin adoption
Share link:In this post: Meta shareholders have rejected a push for Bitcoin adoption, branding the move as unnecessary. The proposal sought to convert over $72 billion worth of cash and its equivalents into Bitcoin, citing a drop in value and capital protection. The company’s board of directors has pushed against the move, favoring a push into stablecoins and artificial intelligence.
United States court charges second suspect in alleged crypto kidnapping attempt
Share link:In this post: A United States court has charged another suspect in the alleged crypto kidnapping attempt concerning an Italian crypto millionaire in Manhattan. The indictment against the suspect has remained sealed, with his arraignment moved to June 11. The New York Police Department has kickstarted investigations into two detectives connected to the incident.
Investors Pick Troller Cat from the Best Meme Coins to Buy Today with Hours Left for Stage 7 – Book of Meme and ANDY Cool Off
The Troller Cat presale is gaining momentum, with over $150K raised and a 3541% ROI projection, while BOOK OF MEME and ANDY prices struggle.Troller Cat Is Gaining Ground as the Top Presale in a Crowded Meme Coin MarketBOOK OF MEME Price Drops 12.80 Percent as Momentum SlowsANDY Falls Nearly 10 Percent as Early Momentum CoolsConclusion

3 Top Presale Crypto Projects That Let You Earn Instantly Through Referrals
Explore top presale crypto projects offering instant rewards. BlockDAG gives 25% referrals, while Unstaked and Web3 ai offer 10% each. Start earning today.Unstaked: AI Tools and 10% Referral IncomeWeb3 ai: Early Pricing and 10% Referral BenefitReferral Rewards Are Driving Real Earnings

Trending news
MoreCrypto prices
More








