MetaMask Introduces One-Click Crypto Purchases for Taiwanese Users
Good news for crypto enthusiasts in Taiwan! MetaMask, the popular cryptocurrency wallet often referred to as "ๅฐ็็ธ" (Little Fox), has rolled out a significant update to its web version. The platform now features a "Buy Crypto" function within its Portfolio Dapp, allowing users to purchase over 90 cryptocurrencies using fiat currencies - including New Taiwan Dollar (TWD).
How Taiwanese Users Can Access This Feature
MetaMask has integrated credit card payments into this new feature, making it available to users across 189 countries and regions. Our testing confirms that Taiwanese users can conveniently purchase crypto through MetaMask using supported payment platforms. Here's your step-by-step guide:
Step 1: Access MetaMask through Your Browser Extension
If you're new to MetaMask's web version, you'll need to:
- Install the browser extension
- Create your wallet
- Secure your recovery phrase
Step 2: Navigate to the Portfolio Dapp
Once logged in:
- Click the "+ Buy" button
- Wait 5-10 minutes for transactions to process
Customize your purchase with these options:
- Token search functionality
- Fiat currency selection (TWD supported)
- Blockchain gas fee estimates
The platform supports 8 major blockchains including:
- Ethereum
- Polygon
- BNB Chain
- Optimism
Step 3: Complete Your Purchase
When ready to buy:
- Select your preferred payment method (credit card)
- Choose your cryptocurrency
- Enter purchase amount (minimum NT$1,000)
- Select blockchain type (multiple options available for coins like ETH)
Step 4: Review and Confirm Your Quote
The system provides:
- Dynamic pricing updated every 30 seconds
- Two payment processor options (MoonPay or Banxa)
- Transparent fee breakdown
๐ Get started with MetaMask today
Understanding the Costs
Our test purchase of NT$1,000 worth of Ethereum yielded:
- 0.0159 ETH after fees
- Effective price of ~$2,000 per ETH (market price was $1,865)
While slightly higher than exchange rates, this premium buys you:
- Full self-custody of your assets
- Complete control over private keys
- Direct blockchain access
MetaMask's Evolving Crypto Purchase Options
This isn't MetaMask's first foray into crypto purchasing:
- June 2022: Launched crypto buying aggregator with 7 platforms
- December 2022: Partnered with PayPal for US users
- Current update: Expanded "Buy Crypto" functionality
๐ Explore more crypto buying options
FAQ Section
What cryptocurrencies can I buy on MetaMask?
You can purchase over 90 different cryptocurrencies, including major ones like Bitcoin, Ethereum, and many altcoins.
Is there a minimum purchase amount?
Yes, the current minimum purchase is NT$1,000 for Taiwanese users.
How long do transactions take?
Most purchases complete within 5-10 minutes, though blockchain congestion may occasionally cause delays.
Are there any geographic restrictions?
The service is available in 189 countries and regions, with Taiwan specifically supported.
What payment methods are accepted?
MetaMask currently supports credit card payments through partner processors like MoonPay and Banxa.
Why are prices slightly higher than exchanges?
The premium covers processing fees and the convenience of direct wallet integration, plus you maintain full control of your assets.