An interesting surprise has been prepared for you, loyal traders at Indodax, because in the second week of August, the crypto asset Metal DAO (MTL) Coin is ready to fill your portfolio.
Open deposits will start on August 9, 2023, at 14:00 WIB, and open trading will start on August 10, 2023, at 14:00 WIB.
Metal DAO (MTL) is the native ERC-20 token that currently governs the Metal Dollar (XMD) stablecoin.
Interested in knowing more about the latest crypto assets that will be released? Let’s see all the complete information about Metal DAO (MTL) Coin below!
Metal DAO (MTL) Coins
Data and Information
Metal DAO (MTL) is a utility token that currently governs the stablecoin Metal Dollar (XMD), in addition to providing tiered trading discounts to MTL holders when using the Metal Pay cash & crypto app. Metal Pay customers holding 10,000 or more MTL can enjoy 0% fees on all cryptocurrency purchases.
Metal DAO’s future utilities include the ability to propose new stablecoins to the Metal Dollar basket, including their allocation ratio, and the option to choose a new stablecoin issuer such as a community bank or fintech.
Metal Pay was developed and launched by Metallicus in 2016.
Crypto Asset Metal DAO (MTL) Coin Rating
According to CoinMarketCap, the current Metal DAO (MTL) coin crypto asset ranking is #263, with a market cap of IDR 1,313,152,917,179. There is a circulating supply of 66,588,888 MTL coins and a maximum supply of 66,588,888 MTL coins.
How to Buy DAO Metal Crypto Asset (MTL) Coin on INDODAX
For those of you who want to buy the Metal DAO crypto asset (MTL coin), you can buy it on INDODAX starting August 10, 2023 at 14:00 WIB. Here’s how to buy it:
- For those of you who are not yet members, you can register directly at INDODAX.
- After that, make a deposit, and if you are confused, you can read how to make a deposit here.
- After your deposit and balance are entered, you can return to the INDODAX market.
- Look for the Metal DAO crypto asset (MTL coin) on the IDR market, then click on it
- After entering, you just have to buy by filling in your balance and the price at which you want to buy Metal DAO (MTL coin). You can also buy it instantly or directly at the current price.
- After that, you need to wait for the price to increase for some time.
- After the price increases, you can sell at a higher price with the instant method.
- If you sell with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.
So, that was the discussion about the newest crypto asset, Metal DAO (MTL) coin which will be listed on INDODAX.
By understanding more about these new crypto assets, you can grow your knowledge in the world of crypto assets and make better investment decisions.
Apart from that, there is good news for you, loyal INDODAX traders, because INDODAX launched a new feature called Indodax Earn/Staking.
This feature allows you to leverage your crypto assets and earn additional profits through staking.
