Metal (MTL) is a cutting-edge Blockchain initiative with the primary goal of streamlining the use of cryptocurrencies and making them more user-friendly for the general public. Spearheaded by the CEO Marshall Hayner, Metal provides a payment platform and application that incentivizes users for engaging in transactions involving both fiat and cryptocurrencies. In this write-up, you will discover answers to two commonly asked questions: What exactly is Metal (MTL) and how can one purchase Metal (MTL) using TRY.
Metal is a pioneering Blockchain project developed to simplify the utilization of cryptocurrencies and enhance their accessibility for day-to-day transactions. Through its payment platform and application, Metal strives to motivate users to engage with cryptocurrencies by offering rewards for transactions conducted with both fiat and cryptocurrencies.
Metal offers three primary applications to assist beginners in the world of cryptocurrencies: Metal Vault, Metal Pay, and Crumbs. These applications feature user-friendly interfaces and functionalities to aid individuals in getting started with cryptocurrencies.
Metal’s Blockchain utilizes a unique consensus mechanism known as Proof of Processed Payment (PoPP). This mechanism rewards users with MTL coins for transactions executed using the Metal Pay application. Users have the opportunity to earn up to 5% in MTL coins for activities like sending, receiving, and spending money through the application.
PoPP represents an innovative incentive system integrated into Metal’s Blockchain. Users receive MTL coins when they convert fiat to cryptocurrency or vice versa using the Metal Pay application, or when they conduct monetary transactions through the application. This system encourages user engagement and the adoption of the Metal ecosystem.
The mission of Metal is to simplify cryptocurrencies and make them accessible to a wide audience. By offering rewards for everyday transactions and presenting user-friendly applications, Metal aims to eliminate barriers to entry for cryptocurrency adoption and promote mainstream usage.
Marshall Hayner, the CEO of Metal, is a seasoned entrepreneur with extensive experience in the cryptocurrency industry. His leadership and vision have played a pivotal role in shaping Metal’s future and advancing its mission of making cryptocurrencies more accessible to the masses.
Binance TR is the ideal cryptocurrency exchange for investors in Turkey looking to purchase Metal (MTL). Binance TR offers over 100 cryptocurrencies, including MTL, and allows for quick account creation. To buy Metal (MTL) with TRY on Binance TR, follow the steps outlined below.
Opening an account on Binance TR is a straightforward process. Visit trbinance.com and proceed from the “Create Account” section. You will be required to provide basic information such as email address, phone number, name, date of birth, nationality, and T.C. identity number.
Identity verification on Binance TR is a crucial security measure that must be completed before engaging in cryptocurrency trading. This process can be carried out via your mobile phone or Binance TR’s official website.
Depositing TL into your Binance TR account is a simple process that can be completed from various banks. You can deposit and trade TL 24/7 from banks like Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans.
After completing the deposit process, you can proceed to purchase MTL coins with TL on Binance TR by following the steps highlighted on the platform.
Binance TR, established in 2020, is a cryptocurrency exchange platform designed specifically for investors in Turkey. Leveraging Binance’s technology, security features, and liquidity, Binance TR offers fiat-to-crypto and crypto-to-crypto trading services. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) through direct bank channels and trade various cryptocurrencies via Binance TR.
For the latest technology news, follow NEWSLINKER on Telegram, Facebook, Twitter & Coinmarketcap. Please note that the information provided in this article is not investment advice. Investors should be aware of the high volatility and risks associated with cryptocurrencies and conduct their own research before making any investment decisions.
