Metal Streamlines Cryptocurrency for Everyday Users

Metal (MTL) is a cutting-edge Blockchain project that aims to streamline the use of cryptocurrencies and make them more user-friendly for the general public. Spearheaded by CEO Marshall Hayner, Metal provides a payment application and platform that incentivizes users for engaging in transactions involving both fiat and cryptocurrencies. In this piece, you will discover the answers to two commonly asked questions: What is Metal (MTL) and how can one purchase Metal (MTL) with TRY currency?
Key Points:
What is Metal (MTL)?
How to Purchase Metal (MTL) with TRY?
How to Create an Account on Binance TR?
How to Verify Your Account on Binance TR?
How to Deposit TL on Binance TR?
How to Buy MTL Coin with TL on Binance TR?
What is Binance TR?
Metal is a Blockchain initiative aimed at simplifying the utilization of cryptocurrencies and making them more accessible for day-to-day transactions. Metal’s payment application and platform incentivize users to engage with cryptocurrencies by providing rewards for transactions involving both fiat and cryptocurrencies. Metal offers three core applications – Metal Vault, Metal Pay, and Crumbs – to assist novice cryptocurrency users with seamless interfaces and features to kickstart their cryptocurrency journey.
Metal’s Blockchain employs a unique consensus mechanism known as Proof of Processed Payment (PoPP), which rewards users with MTL coin for transactions conducted via the Metal Pay application. Users can earn up to 5% in MTL coins for activities like sending, receiving, and spending money through the application.
PoPP is an innovative incentive system integrated into Metal’s Blockchain that rewards users with MTL coins for activities such as converting fiat to cryptocurrency or vice versa using the Metal Pay application. This approach encourages user engagement and adoption of the Metal ecosystem.
Metal’s core mission is to simplify cryptocurrencies and make them accessible to all. By offering rewards for regular transactions and user-friendly applications, Metal aims to eliminate barriers to cryptocurrency adoption and promote mainstream usage.
Marshall Hayner, Metal’s CEO, is a seasoned entrepreneur with extensive experience in the cryptocurrency sector. His leadership and vision have been pivotal in shaping Metal’s future and driving its mission to make cryptocurrencies more accessible to the masses.
How to Purchase Metal (MTL) with TRY?
Binance TR is the ideal cryptocurrency exchange for Turkish investors looking to acquire Metal (MTL). Binance TR offers a wide range of over 100 cryptocurrencies, including MTL, that can be bought and sold swiftly. To purchase Metal (MTL) with TRY on Binance TR, follow these steps:
How to Create an Account on Binance TR?
Opening an account on Binance TR is a simple process. Visit trbinance.com and proceed with the “Create Account” step. During the account creation process, you will be required to input basic details such as email address, phone number, name, date of birth, nationality, and T.C. identity number.
After providing the necessary information accurately, email/SMS verification will be conducted to validate the details. Subsequently, you will progress to the identity verification (KYC) step.
How to Verify Your Account on Binance TR?
Identity verification on Binance TR is a crucial security measure that must be completed before commencing cryptocurrency trading and during the account creation process. This verification is essential to safeguard both the user and the cryptocurrency exchange. The verification process can be carried out using your mobile phone or through Binance TR’s official website.
On the Binance TR website, navigate to the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, then select “Verify”. Follow the subsequent steps to complete the identity verification process swiftly.
How to Deposit TL on Binance TR?
You can easily deposit Turkish Lira (TL) into your Binance TR account from various banks. Transfer and trade TL 24/7 from banks like Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, Türkiye Finans. Deposits up to 50,000 TL can be made 24/7 with FAST from other banks, while deposits exceeding 50,000 TL from other banks are processed during EFT hours.
To deposit funds into your Binance TR account, visit trbinance.com, hover over the “Wallet” option on the homepage, and select the “Deposit” option from the drop-down menu. Follow the subsequent steps based on your preferred bank to complete the deposit process.
How to Buy MTL Coin with TL on Binance TR?
After completing the deposit process, you can proceed to purchase MTL coins with TL by selecting the “Buy-Sell” option on the Binance TR website. Enter “MTL” in the search bar on the right side, then click on the MTL/TRY option to navigate to the TL to MTL purchase page. Follow the instructions on the page to input the purchase details and finalize the transaction.
What is Binance TR?
Binance TR, the official platform of Binance – the world’s largest cryptocurrency exchange by trading volume, was launched in 2020 to cater to cryptocurrency investors in Turkey. Operating from Istanbul, Binance TR leverages Binance’s advanced technology, security measures, and liquidity to offer fiat-to-crypto and crypto-to-crypto trading services. Turkish users can conveniently deposit and withdraw Turkish Lira (TRY) through direct bank channels and trade various cryptocurrencies with TRY trading pairs on Binance TR.
Binance TR provides access to top-notch spot trading liquidity, a robust matching engine, advanced security measures, custody solutions, and risk controls supported by Binance’s core functionalities. Experience seamless cryptocurrency trading on Binance TR by leveraging their state-of-the-art platform and cutting-edge features.
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Disclaimer: The information presented in this article is for informational purposes only and should not be construed as investment advice. Investors are advised to conduct their own research as cryptocurrencies are highly volatile and carry inherent risks.