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How & Where to Buy Metal A Step-by-Step Guide to Buying MTL

Congratulations! You can buy Metal directly with cash at CoinSwitch.

  1. Sign up at our one of our top-ranked Metal exchanges.
  2. Fund your new account with cash or crypto.
  3. Buy MetalMTL

Read on for detailed instructions below on where and how to buy Metal and you will be a MetalMTL owner in no time at all.

  1. STEP 1Register at a MTL Exchange

    Best Metal (MTL) Exchanges

    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume
      $
      Coins
      361

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Metal MetalMTL quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy MTL with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for MTL.

Frequently Asked Questions About Buying & Selling Metal (MTL)

How do I Buy MTL with Crypto?

If you want to buy MTL with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Metal (MTL)?

To sell MTL, simply reverse the buying process described above. You will likely need to trade your MetalMTL into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Metal Research Center

Metal Technical Details & Statistics

Tokenomics
  • Market Rank261
  • Market Cap107,706,818
  • Circulating Supply65,588,845
  • Total Supply66,588,888 MTL
  • Max Supply66,588,888
Yesterday's Trading
  • 24 HR Volume46,665,708 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Metal

Metal (sym. MTL) is a peer to peer, open source, decentralised cryptocurrency which utilises Proof of Processed Payments (PoPP) protocol to validate transactions.
It is similar to the popular cryptocurrencies like Bitcoin but offers a much easier front end and rewards the users for using Metal.

History of Metal

Metal is issued by Metallicus Ltd, a Hong Kong based company. The team of Metal consists of Andy Goldstein, Oscar Munoz, Madisyn Li and Marshall Hayner.
The first crowd-sale took place on 9th June 2017.
In Spring 2017, Beta version of the currency was released. In summer of 2017, major updates took place on the network which saw the introduction of Metal Bank and Metal prepaid/debit cards. In Fall 2017, Shopify style integration and NFC features were made public during another major update.

How Metal Works

Metal has bidirectional conversion gateways, in-built in the network, which converts different currencies in real-time. The examples will demonstrate the concept better.
Alice wants to send money to Bob and they both have Metal wallets. However, Alice has USD and Bob accepts in Bitcoin. Alice can send the 100 USD via Metal network which will be converted to Metal and sent to Bob’s wallet. Bob, on demand, can withdraw this amount in Bitcoin and Metal again will convert the Metals into Bitcoin for Bob.
For transactional purposes, Metal utilises public Ethereum blockchain and the transfer protocol is similar to any popular cryptocurrency network where any transaction can be done by mentioning the amount and the receiver’s address.
Metal also has Metal Debit cards where users can pay in real life and Metal will do the conversion and pay in USD, Euro or similar fiat currencies.

Why Metal

Metal offers some unique propositions, especially in their targeting.

  • Best of Both World: Metal allows free and fast conversion between fiat currencies and cryptocurrencies, so the user can basically use their Metal balance for everything, everywhere.
  • Prepaid Debit Card: Working just like a normal, Bank issued debit card, the cards carry Metal as their balance and can be used at any PoS (Point of Sale) in real world, to pay for products and services.
  • User Reward: Metal pays 5% reward to the users for every transaction. Thus, by sending 100 Metals to someone will get you 5 Metals back as reward. For regular transactions, this is a very rewarding scheme.
  • Niche Targeting: Metals target the somewhat untapped industries including online gambling, adult entertainment and pharma industries which has a high turnover of $90 billion per annum.
  • Security of Ethereum: Metals uses the EthHash security and makes use of the Ethereum blockchain network for transactions, adding stability and security to the transactions.