Metal (MTL) is the native currency of Metal products and a significant part of the Metal ecosystem. According to the team, sending and receiving any cryptocurrency via Metal Pay is instant and free. This project, designed to make cryptocurrency payments fast and easy, allows users to send, receive, or sell MTL without any fees.
What is Metal (MTL)?
As stated by the platform, Metal Pay users pay significantly less in fees when buying other cryptocurrencies if they own MTL, and a 0% fee is offered to everyone who owns 10,000 MTL. Created with the goal of being extremely beneficial and advantageous to hold, MTL is supported by Metal Pay and is one of the few FDIC-insured crypto projects in the United States.
On the Metal X exchange, users can reduce fees by paying them in MTL. Additionally, users can enjoy loyalty benefits for holding MTL on the exchange.
Metal (MTL) is currently a cryptocurrency token operating on the Ethereum platform, but will also be available on its native Metal blockchain, Proton. Launching MTL on Proton will open up utility possibilities for MTL on the new chain.
Furthermore, the Metal Pay team states that the world revolves around money. But they also pose the question of what money revolves around. The team asserts that money revolves around people, determining the value of our desires and experiences. With these thoughts, Metal Pay aims to change the world’s view of money.
On the other hand, Metal Pay is a Blockchain-based payment processing platform. With the help of Metal Pay, the goal is to bring cryptocurrency to the mass market level by combining a clean, user-friendly interface with participation incentives, something previously unseen in cryptocurrencies.
Additionally, Metal Pay rewards users for sending and receiving money. During an eligible cash transaction, sending or receiving money can earn a reward of up to 5% of the transaction value.
At the time of writing this article, MTL Coin, trading at 1.42 dollars, is also trading at 0.000024 BTC in the MTL BTC trading pair. According to CoinMarketCap data, it’s worth noting that MTL Coin, ranked 339th with a trading volume of 93,476,943 USD, has a 24-hour trading volume of 22,960,836 USD.
In addition, Metal Coin, which hit a record high of 14.82 dollars on September 7, 2017, also saw its lowest level at 0.1152 dollars on March 13, 2020. Additionally, there are currently 65,588,845 Metal Coins in circulation, and this number is expected to reach a maximum of 66,588,888 Metal Coins.
Where to Buy MTL Coin?
MTL Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
To buy MTL Coin, one must first register on Binance and then send fiat currency. After sending a fiat currency like dollars, one can purchase MTL Coin by buying Ethereum (ETH), Tether (USDT), or Bitcoin (BTC) in the MTL trading pair.
In addition, users on Binance can place a buy order at a lower price than the market value. To do this, use the Limit tab and enter the amount and price you want to pay.
