Meter Governance (MTRG) is a cryptocurrency that powers the Meter network, a high-performance infrastructure designed to scale and connect the financial internet across multiple blockchain networks. It employs a hybrid consensus mechanism, combining Proof of Work (PoW) and Proof of Stake (PoS), to facilitate scalability and interoperability. The MTRG token is used for governance and validation, ensuring the security and stability of the network.
Meter (MTRG) is used as the governance token in the Meter protocol. It is employed by Proof-of-Stake (PoS) validators in a HotStuff-based consensus mechanism to validate transactions and secure the blockchain. This token is used to ensure the stability and security of the network, playing a crucial role in the record-keeping consensus.
To store Meter (MTRG) tokens, you can use the following options:
- Meter Desktop Wallet: Existing users can continue using the Meter Desktop Wallet to store and stake MTRG tokens.
- Web Staking with MetaMask: You can leverage web staking with MetaMask on staking.meter.io. This allows you to interact with the Meter Mainnet and store your MTRG tokens.
- Trust Wallet: Trust Wallet supports storing and sending MTRG tokens. You can add the Meter Mainnet to Trust Wallet to manage your MTRG tokens.
- Ledger Live: You can also use Ledger Live to store and manage your MTRG tokens.
These options provide secure and accessible ways to store your MTRG tokens.
To buy Meter Governance (MTRG) tokens, follow these steps:
Buying on Centralized Exchanges (CEX)Create an Account:
- Register on a CEX such as Kucoin, Gate.io, or MXC by providing necessary information and completing identity verification steps.
Fund Your Account:
- Deposit fiat currency using methods like credit/debit cards, bank deposits, or third-party payment services.
Buy MTRG:
- Navigate to the exchange's marketplace, search for "Meter Governance" (MTRG), and select the desired trading pair (e.g., MTRG/USDT).
- Transfer to Wallet (Optional):
- You can hold your MTRG tokens in your exchange account or transfer them to a personal cryptocurrency wallet like Metamask for additional security and trading flexibility.
Choose a DEX:
- Select a DEX that supports MTRG trading, such as PancakeSwap or Voltswap.
Set Up a Wallet:
- Download and install a Web3 wallet like Metamask or an App wallet like Trust Wallet, and create a new wallet.
Transfer Mainnet Cryptocurrency:
- Transfer the mainnet cryptocurrency (e.g., ETH or BNB) to your wallet address.
Connect to DEX:
- Connect your wallet to the DEX by following the instructions on the DEX's website.
Swap for MTRG:
- Find the "Swap" option, select the token you want to trade from, and choose MTRG as the "To" currency. Enter the desired amount and confirm the swap.
Remember to always research the exchange's reputation and fees before making a purchase, and be cautious of scams on DEX platforms.
