Tron partnered with cryptocurrency service provider Metal Pay to enable instant TRX purchases in the United States.
According to a notice on Twitter, TRX will now be available for purchase in fiat currencies in the Metal Pay mobile app. Users can pay for crypto assets via debit cards or checking accounts.
Moreover, Tron users can also earn up to 5% cashback with MTL, a token of Metal Pay, on transactions eligible to send and receive US dollars. The platform also allows users to exchange TRX for more than 20 other cryptocurrencies including Bitcoin (BTC) and Ether (ETH). Metal Pay founder and CEO, Marshall Hayner, explained why he felt Tron was a valid addition to the app:
“I believe TRON shows incredible promise for blockchain technology and decentralized systems”
Metal Pay is an online cryptocurrency that allows users to send money. It is designed to be usable by people who are completely new to cryptocurrencies.
The partnership meant to provide fiat directly on cryptocurrencies, tokens and platforms is becoming increasingly regular. By the end of February, UK-based crypto loan startup Celsius Network, added in-app purchases of cryptocurrencies.
In the same month, Binance also added 15 fiat currency options to buy cryptocurrencies on its trading platform.