Written by Logan

On February 8, 2022

Metal Pay is coming to South Dakota!

Each state in the union has its own set of regulatory hurdles that must be cleared before a financial company can begin offering services to its residents. Our team has been working hard to prove that we are completely compliant with current financial regulations, and the regulators in South Dakota agree! Once again, our industry-leading Compliance Team has shown that Metallicus has what it takes to expand into new territories.

By gaining a money transmitter license from the State of South Dakota, Metallicus has now been approved to offer Metal Pay to people living within South Dakota. This means that the Metal Pay family is cleared to grow across the state, from Sioux Falls to Rapid City. 

By signing up for Metal Pay, South Dakotans gain access to one of the most exciting ways to buy, sell, send, and receive cryptocurrency. Metal Pay offers a Cash wallet that is FDIC-insured through our banking partner, which allows you to fund your account with fiat currency through a debit card, ACH deposit, or wire transfer. With over 60 different cryptocurrencies offered in our in-app Marketplace, you have lots of options to choose from. Buying and selling cryptocurrency has lower fees than most other crypto marketplaces, and we offer 0% fees for buying XPR and MTL.

Did we mention that Metal Pay lets you send and receive cryptocurrency for free? There’s no charge when you send crypto to a friend on Metal Pay; you can also send cash on Metal pay, meaning you can send money to a friend however they’d like to receive it. That’s the future of finance, all on your phone.

Got questions about signing up for Metal Pay? Check out the Metal University section of our website to get easy-to-read guides for everything you need to do. Feel free to reach out to our world-class Support Team any time if you need a little extra help, you can find them on Twitter here or reach them by email: Support@MetalPay.com

Welcome to the Metal Family, South Dakota!

Other Metal Pay posts:

Metal Pay partners with EvoShare for crypto cash-back!

Metal Pay partners with EvoShare for crypto cash-back!

Metal Pay users can now enjoy cash-back in crypto when you shop online at thousands of retail outlets thanks to our strategic partnership with EvoShare! EvoShare is a crypto cash-back platform that rewards you for what you already do. By creating an EvoShare account,...

Celebrating Women’s History Month at Metal / Proton

Celebrating Women’s History Month at Metal / Proton

We’re celebrating International Women’s Day, and Women’s History Month, with an exclusive conversation with Jelena McWilliams, former chairman of the FDIC, an NFT giveaway, and more! It all kicks off with a sit-down with Jelena McWilliams to discuss what it has been...

Metal Pay is coming to Alabama!

Metal Pay is coming to Alabama!

Our team has been hard at work knocking down barriers for people across the United States, and we’re excited to bring a new state into the Metal Pay family: Alabama! Each state in the union has specific financial regulations that dictate who can offer services to...