Making DeFi onboarding safer with MoonPay

MetaMask is the gateway to the decentralized web, enabling you to do more. Users can connect to any dapp, on any network, from any device. From DeFi to DeSci, gaming to NFTs, and beyond: MetaMask is deeply passionate about the web3 community. The More With MetaMask Partner Series shines a light on builders who are innovating across web3. Next up, MoonPay.

MoonPay is a leading crypto company that lets users buy and sell digital assets directly with their MetaMask wallet. Since MoonPay’s partnership with MetaMask began in 2022, we’ve been dedicated to simplifying the management of cryptocurrencies, while keeping users secure. Let’s dive into the ways our collaboration achieves this.

Streamlining DeFi onboarding

As the demand for self-custodial wallets has risen, so too has the need for robust and intuitive tools that give users a frictionless “web2-like” experience. In the past, the two haven’t always mixed well. Newcomers to crypto, who typically have the highest appetite for intuitive UX, tend to find DeFi overly complex.

Recognizing this tension, MoonPay saw an opportunity to bridge-the-gap by providing seamless cash-to-crypto onboarding to the world’s leading self-custodial wallet, MetaMask. Integrating with MoonPay allowed MetaMask’s millions of users to interface with DeFi through familiar payment options like credit cards, debit cards, Apple Pay, and Google Pay. It also allowed MetaMask users to benefit from MoonPay’s stringent security protocols.

Simplifying ramps to protect users

One of the key advantages of the integration is that users can purchase digital assets directly within MetaMask wallet — eliminating the need to navigate multiple platforms. This approach smoothes out the process, while keeping users’ information safe. By avoiding unnecessary third-party platforms, data exposure is minimized.

In addition to decreasing exposure by helping users stay within the platform, MoonPay is committed to protection and security in various ways:

• Our ramps are built with advanced encryption technology like AES-256.
• We comply with PCI-DSS Level 1, ISO 27001, and ISO 27018 standards, ensuring we meet stringent data security criteria.
• Our systems have undergone independent audits for PCI-DSS Level 1, ISO 27001/27018, and SOC2 Type 2 certifications, giving users peace of mind that our safety standards don’t waver.
• Our rigorous Anti-Money Laundering and Know Your Customer policies helps prevent bad actors from entering our ecosystem.

Creating a more secure web3

As we continue to work alongside MetaMask, our shared focus on safe, user-friendly solutions remains a cornerstone of this partnership. Together, we’re not only simplifying crypto onboarding for newcomers – we’re setting the bar for what it means to prioritize security in web3.

Buying and selling crypto with your MetaMask wallet via MoonPay has never been easier. It’s easy, fast, and safe. Get started today.