Swap Metal (MTL)

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What is Metal?

Metal (MTL) aims to bridge the gap between digital currencies and traditional currencies when it comes to payment and usability. The Metal ecosystem uses the Proof of Processed Payments method to reward users for converting their FIAT to cryptocurrency.

  • The Metal team offers a prepaid debit card service, which ensures users can pay using their crypto in everyday circumstances.
  • MTL runs on the Ethereum blockchain and is rewarded to users when they make transactions in any currency.
  • In the MTL ecosystem, users can reduce fees paid as long as those fees are paid using MTL.

Although MTL is currently on the Ethereum blockchain, the team aims to become available on the native Metal blockchain, Proton. The team believes this will open up large possibilities for MTL.

How do I swap Metal?

Enter amount to swap
Select the quantity of Metal you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Metal

Why Should I Trade MTL with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Metal no matter what your trading experience is. Unlike other international and Australian Metal exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Metal with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Metal how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Metal?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Metal for free.

Cold Storage

If you are holding Metal as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Metal. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Metal. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Metal has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Metal is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Metal exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Metal & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Metal safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Metal portfolio here.
Yes! With CoinSpot you can convert your Metal to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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