Tron Partnered With Metal Pay to Allow Instant Buying of TRX in the U.S.

Tron (TRX) partnered with cryptocurrency service provider, Metal Pay, to enable instant purchase of TRX in the United States.

According to the announcement published on March 25, TRX will now be available for purchase using Fiat currency in the Metal Pay mobile app. Users can pay for a crypto asset using a debit card or current account.

Furthermore, Tron users can also earn up to 5% cashback in MTL, Metal Pay’s proprietary tokens, on eligible transactions for sending and receiving United States dollars. The platform also allows its users to exchange TRX for over 20 other cryptocurrencies including Bitcoin (BTC) and Ether (ETH).

Metal Pay is a fiat-to-crypto on-ramp that also allows users to send money. It is designed to be usable by people who are completely unfamiliar with cryptocurrency.

A Metal Pay spokesperson told that signing up for the service requires identity verification since it involves creating a Federal Deposit Insurance Corporation-insured bank account. Accounts can purchase up to $3,000 per day, $12,000 per month or $40,000 per year.

Partnerships meant to provide direct fiat on-ramps to cryptocurrencies, tokens, and platforms are becoming increasingly frequent. As it became known at the end of February, the British startup for lending cryptocurrencies, Celsius Network, added crypto-purchases to the app.

During the same month, crypto exchange Binance also added 15 fiat currency options for purchasing cryptocurrencies on its trading platform.

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