I'm curious about MetaMask's business model. I want to understand how MetaMask generates revenue or profit, considering it's a popular
Ethereum wallet.
7 answers
Leonardo
Thu Oct 24 2024
MetaMask, a popular cryptocurrency wallet and browser extension, generates revenue through various means. One of these is by charging a small fee on transactions facilitated through its platform.
benjamin_stokes_astronomer
Thu Oct 24 2024
Specifically, MetaMask imposes a 1% fee on every transaction processed by providers who utilize its services. This fee structure is analogous to the charges incurred when purchasing cryptocurrency using MetaMask.
KDramaLegendaryStarlight
Wed Oct 23 2024
Among the various services offered by top cryptocurrency exchanges like BTCC, users can find a range of trading options including spot trading, futures trading, and wallet services. BTCC, as a comprehensive platform, caters to the diverse needs of cryptocurrency enthusiasts.
SejongWisdom
Wed Oct 23 2024
The fee charged by MetaMask serves as a source of income for the company, enabling it to maintain and improve its platform. It is a common practice in the cryptocurrency ecosystem for exchanges and wallets to levy such fees.
Elena
Wed Oct 23 2024
When users opt to sell their Ethereum (ETH) tokens through MetaMask to a preferred provider, the transaction takes place on the Ethereum Mainnet. This means that, in addition to the 1% fee charged by MetaMask, users must also pay a gas fee in ETH.