Metal (MTL) is the primary cryptocurrency of Metal Pay, a mobile app that allows users to send and receive cryptic. The app is intended for those who want a simple wallet to store a range of digital assets. There are presently over 40 cryptocurrencies on the site, with more to be added in the future. We've created a list of the top three exchanges where you can buy Metal (MTL) coins with a bank card, debit, or Bitcoin (BTC)
What Is Metal (MTL)?
Metal offers to give you free MTL tokens just for spending money or changing fiat currency into cryptocurrency. You can earn up to 5% back in MTL coins when you buy, send, or accept funds using the Metal Pay app. When you pay $100 with the Metal Pay app, for example, both you and the buyer can earn up to $5 in MTL. These tokens are also known as liquid Metal since they can be readily exchanged for other metals or turned into cash within the app. If you only want to keep your Metal, there are benefits for that as well. Metal is a cryptocurrency that simplifies payment procedures and gives an easy entry point into the market.
Who Are The Founders Of Metal (MTL)?
Metal Pay started work in San Francisco in 2016. Marshall Hayner, the company's CEO, and founder is in charge. Trees, Hayner's previous company, attempted to supply marijuana via drone. However, that initiative has been temporarily suspended now that Hayner is optimistic about Metal Pay's possibilities. His connections in the cannabis sector should come in helpful, as the cannabis market is one of Metal Pay's target demographics for merchant processing. In addition to Hayner, Apple's Sid Parihar made the group lead the iOS app design. There are countless other engineers, designers, investors, and consultants on the team.
Where To Buy Metal (MTL)?
Become a member of an exchange that allows you to exchange MTL. It's possible that you won't be able to exchange Indian Rupees (INR) for MTL immediately. You may exchange MTL for a popular cryptocurrency like bitcoin (BTC) or Ethereum (ETH). You must first create an account by adding your email address and creating a password before purchasing. Before you can make a deposit, you'll most likely be asked to confirm your profile by supplying your full name, contact details, and proof of ID.
What Makes Metal (MTL) Unique?
Metal picked a reward amount of 5% to differentiate themselves from standard credit card incentives. But, given the finite amount of MTL that will ever exist, won't the rewards eventually run out? If MTL grows more popular and beneficial, the value of MTL tokens may rise, reducing the pace at which MTL tokens are distributed. The company believes that if the Metal app becomes so popular that all of the MTL is distributed, they would have achieved such an effective market presence that they will "win." Metal may become a viable legal tender.
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Where do you keep MTL?
You can keep your MTL in the Metal Vault or any other ERC20-compatible wallet. Because the Metal Vault is now only available as a web wallet, you might want to look at Coinomi or Jaxx for mobile.
How to Make Money With MTL ?
If you wish to sell your METAL assets, browse for the exchange rate you like to sell and click the sale button. The rest of the method is similar to Step 3 above, but keep in mind that you may not be able to swap MTL for the currencies you choose quickly.
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The great majority of the world's population is still unaware of cryptocurrencies and does not possess any. Mobile payment apps, on the other hand, are becoming incredibly popular. Metal could serve as a crucial link between the two. People may begin to investigate the benefits of bitcoins if they are given free MTL. The decision is simple when choosing between multiple programs that offer no rewards and one that offers 5% incentives. When the payment app releases, there's no harm in downloading it and receiving free MTL as evidence of payment. And who knows, perhaps once you Popp, you won't be able to stop.
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