ConsenSys Collaborating with MoonPay to Boost Crypto Transactions in Nigeria
On March 21, the leading crypto exchange in UK MoonPay, penned a partnership agreement with ConsenSys to pursue the Nigerian market. The team has planned to invest in improving the buying of self-custodial cryptos in Nigeria.
Recently, ConsenSys launched a MetaMask project on the Nigerian market to boost the on-ramping features. The recent partnership between ConsenSys and MoonPay aims to enable traders to complete crypto buying through their bank accounts.
The partners have agreed to utilize their proprietary infrastructure to launch a decentralized application (dAPPs) to allow Nigerians to purchase crypto via the bank more seamlessly.
ConsenSys Partnership with MoonPay
The impending dAPPs will be launched on the MetaMask online platform to expedite the purchasing of crypto assets. Initially, the ConsenSys group had integrated crypto purchase features to allow traders to complete their transaction on the MetaMask wallet, which was costly for most users in Nigeria.
A report from MetaMask project manager Lorenzo Santos confessed that initially buying cryptos through the MetaMask wallet was lengthy and time-consuming. The attempt to improve the crypto purchase process prompted MoonPay to seek a partnership with MetaMask parent company ConsenSys.
The MetaMask innovative software demonstrated enormous potential for the integration debit and credit cards to allow the user to proceed with features to buy cryptos.
How will MetaMask and ConsenSys Improve Crypto Purchases?
According to the March 21 report, the local banks in Nigeria agreed to support MetaMask to make crypto purchases more effortless. The new partner projects that integration of the additional feature will improve the transaction speed, security and cost.
A statement from MoonPay product manager Zeeshan Feroz confirmed that the proposed integration will address the challenges battling Nigeria’s crypto industry. He predicted that the integration would reduce delays in the instant crypto purchase by 60%.
He argued that the unbanked population in Nigeria has been diminishing, creating more opportunities for banks. Feroz stated that a larger number of Nigerian population has shifted to e-commerce businesses.
In his statement, Feroz argued that MetaMask’s presence in Nigeria ranks among the best mobile platforms. He reiterates that MetaMask has acquired a significant market share of the Nigerian market.
On March 21, the leading crypto exchange in UK MoonPay, penned a partnership agreement with ConsenSys to pursue the Nigerian market. The team has planned to invest in improving the buying of self-custodial cryptos in Nigeria. Recently, ConsenSys launched a MetaMask project on the Nigerian market to boost the on-ramping features. The recent partnership between ConsenSys and MoonPay aims to enable traders to complete crypto buying through their bank accounts. The partners have agreed to utilize their proprietary infrastructure to launch a decentralized application (dAPPs) to allow Nigerians to purchase crypto via the bank more seamlessly.
ConsenSys Partnership with MoonPay
The impending dAPPs will be launched on the MetaMask online platform to expedite the purchasing of crypto assets. Initially, the ConsenSys group had integrated crypto purchase features to allow traders to complete their transaction on the MetaMask wallet, which was costly for most users in Nigeria.
A report from MetaMask project manager Lorenzo Santos confessed that initially buying cryptos through the MetaMask wallet was lengthy and time-consuming. The attempt to improve the crypto purchase process prompted MoonPay to seek a partnership with MetaMask parent company ConsenSys.
The MetaMask innovative software demonstrated enormous potential for the integration debit and credit cards to allow the user to proceed with features to buy cryptos.
How will MetaMask and ConsenSys Improve Crypto Purchases?
According to the March 21 report, the local banks in Nigeria agreed to support MetaMask to make crypto purchases more effortless. The new partner projects that integration of the additional feature will improve the transaction speed, security and cost.
A statement from MoonPay product manager Zeeshan Feroz confirmed that the proposed integration will address the challenges battling Nigeria’s crypto industry. He predicted that the integration would reduce delays in the instant crypto purchase by 60%.
He argued that the unbanked population in Nigeria has been diminishing, creating more opportunities for banks. Feroz stated that a larger number of Nigerian population has shifted to e-commerce businesses.
In his statement, Feroz argued that MetaMask’s presence in Nigeria ranks among the best mobile platforms. He reiterates that MetaMask has acquired a significant market share of the Nigerian market.
