AAG’s MetaOne wallet to feature Asset Swap and Crypto Off-Ramp

Rick Steves

Both the Asset Swap and the Crypto Off-Ramp functionalities will be seamlessly integrated into the MetaOne app so that users can benefit from a more comprehensive and streamlined experience. 

AAG has announced two new functionalities – asset swap and crypto off-ramp –  in the upcoming update to the MetaOne wallet application.

MetaOne 3.0 will soon be released with SWAP and OFF-RAMP capabilities in order to enable a full crypto circle. The wallet will also include discounts to users who own as low as 100 AAG tokens to reduce fees through the MetaOne Tiered Rewards Program.

AAG is a web3 infrastructure company focused on providing software that helps simplify interactions with blockchain applications and the Metaverse for both mainstream users and traditional companies.

The firm’s product offering incudes its flagship wallet MetaOne as well as infrastructure software, such as a cross-chain search engine and Saakuru blockchain for enterprise companies. AAG is also exploring the concept of Learn-and-Earn with the mission of enabling economic opportunities worldwide via the Metaverse economy.

A deeper look into Asset Swap and Crypto Off-Ramp

Both the Asset Swap and the Crypto Off-Ramp functionalities will be seamlessly integrated into the MetaOne app so that users can benefit from a more comprehensive and streamlined experience.

Asset Swap allows users to easily exchange one cryptocurrency for another within the MetaOne app. In other words, clients can quickly and securely convert their digital assets – taking advantage of market movements, for example – without the need for an external exchange or third-party service.

Crypto off-ramp provides users with the ability to sell their cryptocurrency holdings into fiat currency and withdraw the funds to their bank accounts. This means more flexibility without the need of a multi-step process that would otherwise require knowledge of bridging, centralized exchanges, and swapping whether for everyday expenses or larger purchases.

The MetaOne Tiered Rewards Program will also provide benefits to holders of AAG tokens, including discounts from services within the MetaOne wallet, including up to 94% when swapping assets, as well as being eligible to receive NFT airdrops from AAG and their partners. The benefit tiers start from as low as 100 AAG tokens.

 

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<