Cryptocurrency wallet platform MetaMask has announced the addition of native Bitcoin support, according to a company statement.
Summary
- MetaMask has introduced native Bitcoin support, allowing users to manage Bitcoin alongside Ethereum, Solana, and Sei within a single wallet, enhancing its multichain capabilities.
- The wallet supports Bitcoin’s SegWit derivation path with plans for Taproot support in a future update. Users can buy, swap, and send Bitcoin through various methods, though transaction confirmation times are longer than other cryptocurrencies.
- MetaMask also launched in-wallet prediction markets with Polymarket and a USD stablecoin (MetaMask USD) pegged 1:1 to short-term U.S. Treasury bills, available on Ethereum Mainnet and Linea.
The new feature allows users to trade, send and manage Bitcoin alongside Ethereum, Solana and Sei within a single wallet, expanding the platform’s multichain capabilities, the company stated.
Users who update to the latest version of MetaMask will automatically receive a Bitcoin address through the wallet’s multichain accounts, according to the announcement. The wallet supports Bitcoin’s native SegWit derivation path, with Taproot support planned for a future update.
The company stated that users can purchase Bitcoin using local currency and regionally available payment methods, swap into Bitcoin from EVM-based networks or Solana, and send or receive Bitcoin to and from exchanges or other wallets. Bitcoin transactions typically take longer to confirm than other cryptocurrencies, the company noted.
Earlier this month, MetaMask announced the launch of in-wallet prediction markets powered by Polymarket, allowing users to trade on real-world event outcomes. The prediction markets enable users to buy and sell money-backed positions on future outcomes across areas including sports, politics and cryptocurrency, creating price signals that reflect collective expectations, according to the company.
In September, the firm announced MetaMask USD, a wallet-native stablecoin. The stablecoin is supported on Ethereum Mainnet and Linea and is pegged 1:1 to short-term U.S. Treasury bills, the company stated.
