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MetaMask adds fiat off-ramp for 10 blockchains to improve crypto accessibility $ARB $OP $BNB Ethereum-based cryptocurrency wallet MetaMask is expanding its fiat off-ramp services to support 10 additional blockchain networks. The move, in partnership with payments provider Transak, is aimed at simplifying the process of converting digital assets into traditional currency. MetaMask users were previously forced to swap assets into Ether (ETH) tokens before being able to convert them into fiat money, adding extra steps and transaction fees. However, as part of MetaMask’s ongoing partnership with Transak, the wallet will add support to a total of 10 new networks: the Arbitrum mainnet, Avalanche C-Chain mainnet, Base, BNB Chain, Celo, Fantom, Moonbeam, Moonriver, Optimism and Polygon. The first four tokens to receive immediate off-ramping support include ETH on Ethereum, ETH on Optimisim, BNB (BNB) and the Polygon (POL) token. Support for the additional six networks will be gradually rolled out. “By expanding off-ramping capabilities with Transak, MetaMask is removing barriers between crypto and traditional currency, allowing users to convert a broader range of tokens directly to cash,” said Lorenzo Santos, senior product manager at Consensys. More intuitive crypto-to-fiat payment ramps may also encourage more crypto beginners to invest in cryptocurrency, as the complex onboarding process has also often intimidated mainstream users from buying digital assets. #BinanceAlphaAlert #Write2Earn #TraderProfile #write2earnonbinancesquare #MetaMaskUpdate

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