MetaMask Introduces Native Bitcoin (BTC) Support in Wallet
- MetaMask now allows users to trade and manage Bitcoin alongside Ethereum (ETH) and others.
- Users receive a BTC address upon updating to the latest MetaMask version.
- The wallet supports Bitcoin’s SegWit derivation path, with Taproot support planned.
- Users can buy BTC using local currency and payment methods available in their region.
This update enhances MetaMask’s multichain capabilities, allowing seamless transactions between Bitcoin and other cryptocurrencies like Ethereum. Additionally, users can swap BTC from EVM-based networks or Solana and send it to exchanges or wallets, although Bitcoin transactions may take longer to confirm.
With this addition, MetaMask continues to expand its offerings following recent launches like in-wallet prediction markets and the stablecoin MetaMask USD (mUSD). This move positions the wallet as a more comprehensive tool for cryptocurrency management. (Source)
