Cryptocurrency exchange aggregator coinswitch.co, which allows buying digital assets at the best rates, has been integrated into MetaMask wallet. Thus, MetaMask users can now easily convert other coins into Ethereum.
Bringing liquidity to the table
MetaMask functions in the form of a Google Chrome extension that allows storing Ethereum and ERC-tokens. Prior to the game-changing partnership, the holders of other cryptocurrencies were left on the sidelines.
Not anymore. Now it takes only one transaction to buy any of the 300 supported currencies (including Bitcoin and major altcoins) and transfer them back to Ethereum. Your funds will be deposited in 15 minutes.
With a wide array of token options, CoinSwitch has great potential to provide increased liquidity to the community,” claims MetaMask’s Jason Lee.
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Disrupting the gaming market
It is worth noting that CoinSwitch has one more important partnership under its belt. It recently joined forces with Enjin, the gaming-oriented crypto startup, to let developers accept any coin from players in a straightforward way.
Any cryptocurrency, whether it’s Bitcoin or EOS, will be automatically converted into Enjin Coin (ENJ). Developers can use their ENJ contributions to create additional gaming items (weapons, accessories, etc.).
Lastly, CoinSwitch also teamed up with cryptocurrency analytics firm Datalight to analyze the ins and outs of the industry.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team