Metamask Deal With Robinhood Expands Crypto Access!

A very popular crypto wallet nowadays is Metamask. And also one of the popular online trading platform nowadays is Robinhood. Recently these two popular platforms have brought an important news for the users. Currently popular self-custodial crypto wallet Metamask has announced that it has allowed its users to buy cryptocurrencies through the popular online trading platform Robinhood.

This is really great news for users or investors and with it comes a new opportunity to invest and transact crypto using these two platforms. Metamask developer Consensus gave details about this yesterday. From now on, Metamask users will be able to purchase digital currencies through the integration. In other words, to put it simply, from now on Metamask users will be able to purchase crypto by using Robinhood's order flow.

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Which is one of the good news for the users. Also Robinhood account holders who are investors and have money in Robinhood accounts will be able to store their money in their Metamask wallet. This means that Robinhood account holders can easily fund and transfer their crypto assets to their Metamask wallets. The opportunity created will essentially be Metamask's "Buy Crypto" feature as a service, and is the result of integrating a fiat-crypto on-ramp trading platform called Robinhood Connect as a service provider.

We know blockchain technology currently brings many benefits to users. Moreover, this blockchain technology is revolutionizing the existing traditional banking system. On-ramps infrastructure is currently playing a very important role in bridging traditional banking systems and blockchain-based crypto. Simply put, on-ramps infrastructure acts as a bridge between traditional banking rails and the blockchain-based crypto economy.

But an important point here is that this technology involves Web3. We know that currently Web 3 is a very advanced one that provides users with advanced features and owns their own. And being a web 3 based it plays an important role in onboarding users to applications. But a very important point here is that Robinhood launched a feature of their own for users without a decentralized application in April. And that was they launched their own on-ramp feature as a tool to fund their crypto wallet.

We know that cryptos are still relatively new and therefore still known for volatility. So the authorities of many countries are trying to control these digital currencies. But an important point is that we who are associated with various platforms want to control and own them. And now we can enjoy much of that benefit because of blockchain and web 3. This helps more people access crypto. But an important point here is that all these platforms, in a self-serving manner, offer more shopping options to service providers they already use and trust. That's why Robinhood has expanded its crypto trading services to the UK and Europe. However, the similar activities of these two platforms are expected to bring good things for the investors. You can read the news for more details.