According to a Consensys blog post published on Oct. 11, Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via automated clearing house (ACH) clearing provider Sardine.
Metamask users can exchange fiat currency for over 30 crypto tokens
On Tuesday, crypto firm Consensys ethereum wallet meta mask Added bank-to-crypto transfers through ACH sardine“Sardine’s new instant ACH integration allows you to buy cryptocurrencies instantly with no payment delays,” Consensys explained in a recently published article. blog postThe crypto company added:
Instant ACH allows you to complete orders in minutes instead of days like standard ACH orders and, unlike regular ACH, works on holidays.
A newly added feature via Sardine allows Metamask users to transfer cryptocurrency fiat with a limit of up to $3,000 per day. Users can also spend up to $5,000 per week or $25,000 per month to purchase over 30 crypto assets. According to a Consensys blog post, Sardine not only delivers fast, ACH service It also provides a “robust compliance and anti-fraud infrastructure.”
Consensys further states that Sardine is being leveraged by crypto companies such as Tom Brady’s Autograph, crypto exchange FTX and Moonpay. “The company is a leader in real-time fraud detection, enabling users to move money faster and more securely through their ACH-to-crypto solution,” he elaborates Consensys. “Rather than waiting for the money to be deposited into your account to use, Sardine will send it to you immediately so you don’t have to worry about delays.”
In addition to Consensys, Metamask’s official Twitter page murmured: “Sardine’s payment system helps fight fraud and enables instant purchases,” summarized how users can start using the newly added features. His Metamask web portal on Oct. 15 claims that the software is utilized by “her 30 million users worldwide.”
What do you think about Metamask adding instant bank-to-crypto transfers via Sardine’s ACH service? Let us know your thoughts on the matter in the comments section below.
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