In this guide you’ll get information about where to buy Metal token, if you are planning to buy MTL – You’re in the right place!
Metal Pay was founded Glenn Marien and Marshall Hayner in 2016 who dreamt to introduce cryptocurrency into the bigger market through the hybrid of a reward incentives and a user-friendly interface so anyone can access the market easily. The goal of the project is to build a platform focusing on both crypto and non-crypto assets in one location where Metal Pay can be used as an easy-to-use digital wallet of cryptocurrency.
Particularly, Metal Pay is a blockchain-based application to proceed payment on both Android and iOS. On the application, users can send cash, MTL, and other cryptocurrencies to the other users securely. Metal Fact is FDIC insured so users do not need to worry about theft and other security issues. They can rest easy knowing the funds remain safe.
- Official Site : https://www.metalpay.com/
- Bitcointalk : https://bitcointalk.org/index.php?topic=4994046.0
- Twitter : https://twitter.com/metalpaysme
- Reddit : https://www.reddit.com/r/MetalPay/
- Telegram : https://t.me/MetalPayCommunity
- White Paper : https://whitepaper.io/coin/metal
Table of Contents
Metal (MTL) Features
- Store and Send both Crypto and Fiat. Dealing with so many different crypto wallet can be confusing and cumbersome. Because Metal Pay supports many cryptocurrencies and fiats, users are able to store a wide array of cryptocurrencies and fiats in a single wallet. Currently, there are more than 30 cryptocurrencies supported by Metal Pay. The best thing is there is no transaction fee applied for sending crypto and cash.
- Proof of Processed Payment. This mechanism enables users to receive up to 5% of the transaction value when sending funds. The percentage of the value is determined by a unique Pop score. This score dictates the amount of value rewarded to the user.
- Marketplace. The Marketplace section is a place where users can purchase and sell over 30 different cryptocurrency from their cash-balance.
- FDIC Insurance. Metal Pay is FDIC-insured meaning that users can link their FDIC-insured bank account to the Metal Pay application in order to get protected more.
Where to Buy, Sell and Trade Metal aka MTL
You can basically use debit card, credit card, or even PayPal to buy the Metal (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Metal as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin or Tether first. After you get the ETH or BTC or USDT, you can convert it to Metal. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum (ETH), Bitcoin (BTC), or Tether (USDT)
- Find a crypto exchange that supports Metal currency and exchange your Ethereum / Bitcoin / Tether with the Metal
- Store your Metal to a secured wallet
That’s the first step in buying Metal, once you get your Bitcoin or Ethereum or Tether, you can continue to the next step.
Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH or USDT from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH or USDT with Metal:
Binance is the top-ranked cryptocurrency exchange in the market, and it’s the place to go to trade large volumes of digital assets. They established their operations back in 2017 in Malta, one of the few countries to openly embrace cryptocurrencies as a financial instrument. They currently average up to 1.2 billion dollars in trade right now. Binance.com is unable to provide services to U.S. citizens or residents.
- Deposit Methods: Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & 5+ more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & 345+ more
- Trading Pairs: 1189+
Bybit is a leading cryptocurrency exchange offering a secure and efficient trading platform for digital asset enthusiasts. Founded in 2018, it specializes in derivatives trading, including perpetual and futures contracts, with high leverage options. Known for its user-friendly interface, Bybit caters to both novice and professional traders. The platform provides advanced tools, including charting and risk management features, ensuring a seamless trading experience. Bybit also supports spot trading, staking, and passive income opportunities. With 24/7 customer support, robust security measures, and a reputation for reliability, Bybit has become a popular choice for crypto traders seeking innovation and transparency.
- Deposit Methods: Cryptocurrency, Credit/Debit card, Third-party payment services, Peer-to-Peer (P2P) trading
- Fiat Currencies: USD, EUR, GBP, JPY, and 60+ more
- Supported Cryptocurrencies: BTC, ETH, XRP, LTC, DOGE, and 300+ more
- Trading Pairs: 500+
MEXC is a global cryptocurrency exchange platform known for its user-friendly interface, extensive range of listed cryptocurrencies, and innovative features. Established in 2018, MEXC provides trading services such as spot, futures, and margin trading, catering to both beginners and advanced traders. The platform supports a wide variety of altcoins, often listing new and promising projects. MEXC is popular for its high liquidity, competitive trading fees, and robust security measures, including two-factor authentication and fund protection protocols. It also offers staking and earning opportunities through its launchpad and DeFi integration, making it a versatile choice for crypto enthusiasts worldwide.
- Deposit Methods: Bank transfer (ACH), Cryptocurrency, Debit card, Wire transfer
- Fiat Currencies: USD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH, KZT & more
- Supported Cryptocurrencies: BTC, EOS, BCH, ETH, FET, XVG, TRX, NEBL, XRP, NEO & over 2,700 others
- Trading Pairs: Over 3,000
IMPORTANT! Once you are registered to any of the above, find the MTL/BTC or MTL/ETH or MTL/USDT trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum/Tether
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Metal (MTL) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Metal (MTL) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Metal. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Metal (MTL) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Metal (MTL) with Skrill?
You can’t buy MTL directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Metal. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Metal (MTL) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair MTL/BTC and begin the transactions.
Can I Buy Metal (MTL) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support MTL/ETH trading pair.
What Is the Best Payment Method to Buy Metal (MTL)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the Metal right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Metal (MTL)?
Once you have purchased the Metal, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Metal (MTL)?
Find a crypto exchange which allow pairing MTL with BTC or ETH or USDT – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Metal (MTL) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Metal is to buy it from a reliable exchange.
Conclusion
Metal Pay is definitely a useful and interesting application for all crypto enthusiasts and the majority of the population. It is super easy to use so anyone can easily navigate their crypto and fiat, and send payments quickly. Although it has many competitors in both the crypto and traditional finance world, it holds some feature that the competitors do not offer such as the Pop rewards and FDIC insurance. In addition to this, the continuous improvement made team will surely make Metal Pay win the competition.
