MetaMask’s new cryptocurrency card is undergoing testing in the European market, following a partnership with Mastercard and Baanx for the pilot.

The MetaMask ethereum self-custody wallet is seeking expansion in the market, anticipating the general launch of this new card at the end of the year.

The goal of the platform is to provide cryptocurrency users with more tools for asset holding and trading.

The alliance with the credit card issuer Mastercard and the fintech Baanx was announced through a statement from MetaMask, announcing the new product in a pilot phase to “remove barriers to the everyday use of digital currencies.”

They indicated that it works the same as a traditional debit card, “where the user continues to maintain custody of the cryptocurrencies in their wallet, and these are converted to fiat currency at the time of purchase.”

The beneficiaries in this test are users from the United Kingdom and the European Union (EU), including Spain.

Raj Dhamodharan, executive vice president of Blockchain & Digital Assets at Mastercard, said: “We identified a significant opportunity to make purchases easier, more secure and interoperable for self-custody wallet users.”

Users must register to enjoy the MetaMask card and “set it as a payment method on your mobile device.” They will be able to make daily purchases in the USDC and USDT stablecoins, pegged to the US dollar, as well as WETH using the Linea layer 2 network.

M.Pino

Source: diariobitcoin

(Reference image source: Shubham Dhage in Unsplash)

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La entrada MetaMask launches cryptocurrency card together with Mastercard and Baanx apareció primero en Bitfinance.

LordToken, a new French cryptocurrency exchange powered by Binance Cloud, founded by Francois Denis and Nicolas Lefortier in 2020, expects to enter the crypto market, with all its platform and affiliated services in early 2022. They want to become a “dominant player” in the cryptocurrency trading and investment industry.

The cryptocurrency exchange LordToken is based in France and ensures that it meets all the requirements to become a leading exchange in the European market. A safe and reliable option because it will comply with all the regulations applied in France and in the European market in general.

Exchange with Binance Cloud technology

LordToken will supply its trading services in collaboration with Binance Cloud, which will give users access to Binance’s full liquidity at launch. It will certainly be a huge driving factor because since its launch users will be exposed to Binance’s daily trading volume by worth billions of dollars.

This cooperation supports the implementation and maintenance of the LordToken Exchange Trading mobile application. They will have an ease of use very similar to the Binance application, with the option to personalize the application with its colors, editorial policy and service dedicated to its clients.

LordToken estimates starting with more than 335 digital assets on its trading platform with a relatively low commission of 0.1 %. Additionally, it will incorporate social trading, which is a function that will allow users to copy the trading strategies of the main traders on the platform.

The process is relatively simple. Users start by choosing one of the main LordToken traders to analyze their performance and profits. Later they decide how much they want to allocate from their cryptocurrency portfolio to replicate buying and selling operations in real time.

M. Rodríguez

Source: es.beincrypto

La entrada LordToken, a new French cryptocurrency exchange apareció primero en Bitfinance.