- Users of MetaMask may now off-ramp straight into fiat from a variety of cryptocurrencies.
- With the assistance of Transak, more than ten networks will be enabled for off-ramping in more than 100 countries in the following months.
Leading self-custodial wallet MetaMask is working with Transak to increase off-ramping options, extending support from Ethereum’s ETH to more than ten networks. Users of MetaMask may now off-ramp straight into fiat from a variety of cryptocurrencies, including ETH on Optimism, POL on Polygon, and BNB on BNB Chain, thanks to this expansion.
In September 2023, MetaMask made crypto off-ramping possible with Transak for the first time. Ethereum was the only cryptocurrency available for selling at the time, and solely in the UK and EU. With the assistance of Transak, more than ten networks will be enabled for off-ramping in more than 100 countries in the following months, beginning with four networks at launch.
Before off-ramping, users had to convert their assets into ETH, which added steps and transaction costs. Direct off-ramping from numerous cryptocurrencies is now possible with MetaMask, eliminating needless conversions and cutting expenses. This guarantees consumers wishing to cash out their assets without the need for intermediaries a more effective and economical experience.
Yeshu Agarwal, Co-Founder & CTO at Transak stated:
“MetaMask remains one of the first crypto wallets for most web3 entrants in 2025. Its massive and fast-growing user base requires a simple way to enter and exit the crypto market. The entry point was already served in 2021 with Transak On-Ramp. Now, with Transak Off-Ramp, the circle is complete for the user.
The need that consumers go through KYC verification on several platforms has been one of the biggest obstacles to off-ramping cryptocurrency. The increased off-ramping capabilities of MetaMask via Transak greatly lower this friction. The procedure is quicker and more easy for users who have already completed KYC (on any of Transak’s partner platforms) since they don’t need to verify their identity again.
Because Transak uses a Multi-Level KYC system, users only need to provide the data that is needed depending on the amount of the transaction and the requirements of the relevant jurisdiction. For regular users, this maintains a seamless experience while guaranteeing compliance. Users may benefit from a straightforward, location-specific procedure that respects their time and improves accessibility in place of the red tape of conventional banking.
MetaMask offers consumers more safe and secure methods to turn cryptocurrency into cash by off-ramping support for 17 different cryptocurrencies. It’s the most logical method of connecting the conventional and digital economies.
The successful collaboration between Transak and MetaMask, which started in 2021 by providing on-ramp services, is strengthened by this increased integration, which now offers users an even more smooth and complete experience.
Lorenzo Santos, Senior Product Manager at Consensys stated:
“At MetaMask, we believe in creating tools that empower individuals to take control of their financial futures. By expanding off-ramping capabilities with Transak, MetaMask is removing barriers between crypto and traditional currency, allowing users to convert a broader range of tokens directly to cash.”
Being a top self-custodial wallet, MetaMask is still essential to the spread of Web3 over the world. For both novice and experienced blockchain users, its intuitive layout and powerful features have made it a vital tool.
Further, this cooperation offers a pathway to increased economic involvement for a large number of underbanked people worldwide—those who may have access to a bank account but lack full financial services.
The alliance promotes off-ramping in regions that have historically been neglected by conventional banking, such as Brazil, Kenya, and Indonesia, as well as in nations with sophisticated financial systems, such the UK, Germany, and Japan.
By closing the loop between on-ramping and off-ramping, the MetaMask-Transak collaboration makes the cryptocurrency economy more self-sufficient. Decentralization is strengthened by the ease with which users may transfer money in and out without requiring an exchange.
