Metamask Adds New Bank-to-Wallet Feature
Ever-popular wallet Metamask is making the purchasing of cryptocurrency even easier with a new feature allowing instant bank transfers. Metamask developer ConsenSys teamed up with fintech company Sardine to launch the new service. Previously, users would need to wait for slow transfers to clear or rely on credit cards or crypto exchanges, encountering annoying limits and high declination rates. Conversely, Sardine’s limit is a generous $3,000 (more than 30 tokens). Sardine’s ACH (Automatic Clearing House) works within minutes, around the clock, even on holidays, lending users extreme convenience. There is also great provision against illicit activity: Sardine’s website boasts that its tech is able to detect 300% more fraud than other vendors and that its users reportedly experience 90% less identity fraud than through other platforms.
Uniglo Expecting User Uptick
With it becoming so much easier to purchase cryptocurrency with cash, analysts expect much more money to flow into the Ethereum Network, which will naturally benefit the projects that run on it. One such project is Uniglo.io. Uniglo is supported by a unique mix of both digital assets (like cryptocurrency and NFTs) and traditional assets (like gold, antiques, and memorabilia). The base price of the native token GLO is thus supported by the value of the assets in the GLO Vault, with the digital side climbing rapidly with volatility, complementing the steady, reliable appreciation of the treasure. GLO also features an Ultra Burn mechanic to create constant deflationary pressure to underpin the token’s value. In addition, the assets in the Vault are paid for with buy-and-sell taxes, meaning the more users that join the Uniglo community, the more money flows into the treasury to purchase further assets for the benefit of all.
Final Thoughts
Instant bank transfers are the latest example of how innovative crypto projects integrate with traditional banking services. Metamask’s new development makes it much easier for investors to access the Uniglo platform. Analysts predict greater adoption meaning more money is expected to fill up the treasury. If this project has piqued your interest, now is the ideal time to invest before the GLO presale sees another big price rise (Last hike, GLO rose an impressive 55%).
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