Cryptocurrency wallet MetaMask has announced the launch of a feature allowing users to sell Ether for fiat currency.

In a Sept. 5 post on X — formerly Twitter — MetaMask said users with crypto wallets connected to the platform’s Portfolio decentralized application would be able to cash out Ether (ETH) and send fiat to their bank accounts in the United States, United Kingdom and parts of Europe. MetaMask said the initial rollout was limited to ETH but planned to expand to “native gas tokens on layer 2 networks” in the future.

We are beyond thrilled to announce our latest feature: Sell.

Yes, you read that right. Available on MetaMask Portfolio, ‘Sell’ allows you to cash out your crypto for fiat currency easily.

Discover more at https://t.co/aaSgTswEMo pic.twitter.com/pJa1ZndLQA

— MetaMask (@MetaMask) September 5, 2023

The sell feature came roughly five months after MetaMask launched a function allowing users to purchase cryptocurrencies using fiat from bank accounts, PayPal, and debit and credit cards. The platform said at the time it planned to roll out the “buy crypto” service for more than 90 tokens to users in more than 189 countries.

Related: MetaMask rolls out ETH purchases via PayPal to US users

MetaMask has previously announ

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Author: Turner Wright

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