MetaMask, a top self-custodial wallet, is planning to add support for Bitcoin (BTC), enhancing its appeal to a wider crypto audience beyond its Ethereum-centric user base. This move aligns with the broader trend of increasing blockchain interoperability, promising a more versatile and user-friendly experience for crypto enthusiasts.
MetaMask Embraces Bitcoin: What to Expect
Though the exact timeline is still uncertain, sources suggest that Bitcoin functionality could be introduced within the next month. Initially, features may be limited and will gradually expand over time.
“We’re thrilled about MetaMask’s dedication to embracing the multi-chain world of Web3 and constantly exploring new features to enhance the usability and security of our leading self-custodial wallet. While we can’t confirm specific timelines, we’re always innovating to better serve our users. Stay tuned for more updates,” said a MetaMask spokesperson.
Currently, MetaMask doesn’t directly support the Bitcoin blockchain. Users who want to conduct Bitcoin transactions must use Wrapped Bitcoin (WBTC), an ERC-20 token representing Bitcoin on Ethereum, or utilize MetaMask’s Snaps feature.
In September 2023, BeInCrypto reported that MetaMask launched Snaps, allowing users to integrate applications with non-native blockchains and tokens, including Bitcoin. While Snaps lets users manage BTC within MetaMask, having native Bitcoin support would simplify the process.
MetaMask is also popular among non-fungible token (NFT) enthusiasts. Integrating Bitcoin is expected to facilitate the storage and management of Ordinals within MetaMask. Ordinals are satoshis, the smallest unit of Bitcoin, embedded with unique data like text, images, or other digital assets, akin to Bitcoin-based NFTs.
Juanse, a member of the Bitcoin Ordinal community, expressed excitement about the potential integration. “MetaMask is the wallet with the most active users in the world. This move could boost Ordinals and Runes significantly,” they commented.
In summary, MetaMask’s potential integration with Bitcoin could provide a more comprehensive and user-friendly experience, strengthening its position as a leading self-custodial wallet.
