Banxa adds VietQR to MetaMask, cutting crypto purchase fees in Vietnam

Banxa has integrated Vietnam’s dominant QR‑payment standard VietQR into the MetaMask wallet, enabling users to fund their crypto wallets directly from bank accounts. The on‑ramp replaces card‑based purchases that carried fees of up to 7 % with a flat 3 % fee after a promotional period that offers zero fees until July 31 2026 (a limited window from late July to late August 2026 for select wallets).

Vietnam ranks fourth worldwide in cryptocurrency adoption, with an estimated 17‑20 million users and a market valuation of about $220 billion in 2025. The country processes roughly 15 million VietQR transfers daily, and the QR system enjoys around 85 % merchant acceptance. By linking this widely used payment method to MetaMask, Banxa aims to lower transaction costs and boost crypto participation in a market that grew 55 % year‑over‑year in on‑chain volume.