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What is Metal Blockchain?

Metal Blockchain (METAL) is a highly performant, trustless, and scalable layer zero blockchain designed for financial institutions and fintechs. It leverages the Snow protocol and supports multiple subchains, enabling fast transaction processing, decentralized applications, and enterprise blockchain deployments. The platform prioritizes security, reliability, and sustainability, making it suitable for a wide range of financial and supply chain management applications.

How is Metal Blockchain used?

The crypto Metal Blockchain (METAL) is used in several key ways:

  1. Transaction Fees: METAL is used to pay for transaction fees on the Metal Blockchain. These fees are burned, which decreases the overall supply of METAL and adds a deflationary element to the token.

  2. Staking: METAL is used for staking, which helps secure the platform. Validators must stake a minimum of 2,000 METAL to participate in the validation process.

  3. Native Token: METAL serves as the native token for the Metal Blockchain, providing a basic unit of account between the multiple subnets created on the platform.

  1. Subnets: METAL can be used as the native token for other subnets created on the Metal Blockchain, allowing for a high degree of customization and flexibility.

  2. Governance: METAL is involved in the decentralized, independent governance model employed on the Metal Blockchain, ensuring that decision-making is distributed and secure.

These uses highlight the multifaceted role of METAL in maintaining the integrity and functionality of the Metal Blockchain ecosystem.

How do I store Metal Blockchain?

To store Metal Blockchain (METAL) tokens securely, consider the following steps:

  1. Use a Cold Wallet: Store your METAL tokens in a cold wallet, which is not connected to the internet. This reduces the risk of online attacks and ensures greater security. You can use hardware cold wallets like Ledger, Trezor, or BitBox, or opt for a paper wallet.

  2. Hardware Wallet Options: Ledger offers a range of hardware wallets, including the Ledger Nano S Plus and Ledger Nano X, which are suitable for storing METAL tokens. These wallets store your private keys offline, making them resistant to malicious attacks.

  3. Metal Ledger Nano App: For Ledger users, you can install the Metal Ledger Nano app on your Ledger device. This allows you to interact with the Metal Blockchain while keeping your assets secure. The app can be installed via sideloading for Ledger Nano S and Nano S Plus devices.

  1. Seed Phrase Storage: Store your seed phrase securely using durable solutions like metal plate backups, such as Cryptotag Zeus. These metal plates can withstand extreme conditions, ensuring your recovery phrase remains intact for years to come.

  2. Self-Custody: Embrace self-custody by holding onto your cryptocurrency's private keys, giving you full control over your digital assets. This approach ensures that you, and only you, have access to your funds, eliminating reliance on traditional financial institutions for security.

By following these steps, you can ensure the safety of your METAL tokens and maintain control over your digital assets.

How to buy Metal Blockchain?

To buy Metal Blockchain (METAL) tokens, you can follow these steps:

Buying on a Centralized Exchange (CEX)
  1. Choose a CEX: Select a reliable and trustworthy crypto exchange that supports Metal Blockchain (METAL) purchases, such as KuCoin or MEXC.
  2. Create an Account: Enter the required information and set a secure password. Enable two-factor authentication (2FA) for added security.
  3. Verify Your Identity: Complete Know-Your-Customer (KYC) verification, which may require government-issued ID and other personal information.
  4. Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.
  5. Buy METAL: Use fiat currency or a popular cryptocurrency like USDT to purchase METAL.
Buying via a Crypto Wallet
  1. Choose a Wallet: Select a reliable crypto wallet that supports Metal Blockchain (METAL), such as Trust Wallet.
  2. Download and Set Up the Wallet: Download the wallet app or browser extension and create a new wallet address or import an existing one. Make sure to keep the seed phrase secure.
  3. Buy ETH or USDT: Purchase a popular cryptocurrency like ETH or USDT using a payment method supported by the wallet.
  4. Swap for METAL: Use the wallet to exchange ETH or USDT for METAL.
Buying with Metal Pay
  1. Download the Metal Pay App: Get the app from the iOS App Store or Google Play Store.
  2. Create an Account: Sign up using your email address and phone number.
  3. Verify Your Identity: Complete identity verification using a government-issued ID and Social Security Number.
  4. Link a Debit or Credit Card: Add your card details to the app.
  5. Buy METAL: Find METAL on the marketplace, choose the amount, and complete the purchase using your linked card.
Buying on Kriptomat
  1. Create and Verify Your Account: Sign up with Google, Apple, or enter your name and email. Verify your email, phone number, and identity.
  2. Add Funds: Make a bank deposit or use your credit card to add funds.
  3. Buy METAL: Click on the Kriptomat icon, select "Buy," choose METAL, enter the amount, and confirm your purchase.

Remember to always check fees and ensure you are comfortable with the payment methods and security measures before making a purchase.

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How Metal Blockchain works

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