WazirX announced the listing of MTL token on 21st December 2020 with MTL/USDT pair.
The collaboration also revealed a grand giveaway in the form of MTL tokens.
Metal is a blockchain-based system that rewards users for converting fiat into crypto using Proof of Processed Payments
Metal offers prepaid debit card service, which allows users to use it on a daily basis
WazirX in its recent official blog announced its collaboration with Metal and listing MTL token on Monday 21st December 2020. Also, they are going to run a giveaway through a list of activities.
Now the WazirX customers can Deposit, Trade, and Withdraw MTL tokens from their wallets. Trade for the MTL token is open in the WazirX USDT market.
Apart from the listing, WazirX and Metal will run a series of the giveaway, where the users can participate and prizes in the form of MTL tokens.
The Giveaway Scheduled goes like this:
- AMA Session with Marshall Hayner, CEO of Metal on 22nd December 2020
- Instagram Trivia Contest on 22nd December 2020
- Quiz Time with WazirX on 22nd December 2020
- Highest Trader Kaun Marathon on 23rd to 24th December 2020
AMA Session with Marshall Hayner
Marshall Hayner, the CEO of Metal will be live to interact on the WazirX Telegram page where-in the participants have the golden opportunity to know every detail of MTL.
The WazirX team will ask Marshall Hayner 10 questions, crowdsourced from the Twitter users about MTL. The last 10 minutes of the session will be unmuted and the participants can ask any questions to the CEO. However, Mr Hayner will try his level best to take the maximum number of questions.
A total of top 10 questions from Twitter will be the winners who will get $100 worth MTL each and $50 worth MTL will be rewarded to top 5 questions from the telegram group.
Instagram Trivia Contest
The contest is scheduled on 22nd December 2020, at 12 PM IST, wherein the WazirX team will share 3 questions on their Instagram story with an interval of 3 minutes. The participants need to choose the correct answer for which one lucky person will be awarded 27.77 MTL.
To participate, the user needs to follow the official WazirX Instagram Page.
Quiz Time with WazirX and MTL
Wazirx and MTL team will host a fun quiz contest and the participants will have a golden opportunity to showcase their MTL knowledge and win prizes. The contest is scheduled for 22nd December 2020 at 6 pm IST.
The user who wishes to participate in the contest has to join WazirX Discuss Group on Telegram, wherein a total of 10 questions will be asked.
The participants need to just answer correctly and quickly to win prizes.
- 1st prize: $100
- 2nd – 5th prize: $50 each
- 6th – 10th prize: $20 each
- 11th – 20th prize : $10 each
Highest Trader Kaun Marathon: MTL/USDT
The trading contest is all set to begin on Wednesday, 23rd December 2020 at 9 am IST and will run continuously till Thursday 24th December 2020 non-stop. The users can participate at any time mentioned above, trade hard and win prizes.
To participate, the traders need to trade a minimum volume of MTL worth of nearly INR 5000. Winners will be decided on the basis of the volume of MTL traded in the specified time.
A total price of INR 11,35,000 ($12,200) worth MTL will be awarded based on the performance.
Prizes of volumes of trades are given below:
MTL is made for daily use which can be cashed out at the bank or used to pay someone using MTL. Metal aims to bridge the gap between traditional and decentralized finance by finding a seamless integration between them.
Metal Pay is one of the products of MEtal which allows people to send money to anyone with just a phone number and rewards them with cryptocurrency for each transaction. Also, the users can buy from over 30+ cryptocurrencies directly from the FDIC-insured cash balance within the marketplace
Marshall Hayner and Glenn Marien accumulated three years of experience of building cryptocurrencies like Quickcoin, Stellar, Doge, and even Bitcoin to develop Metal(MTL). Metal recently acquired Lynx and Blocks.io showcasing the company’s virtue of being an expanding and ambitious cryptocurrency firm.
Mr Hayner has exceptional exposure in the cryptocurrency and blockchain market for over 10 years working in many projects. Prior to Metal, the world’s first crypto-banking platform, he created the first Facebook integrated Bitcoin wallet, QuickCoin in 2013. He has also advertised many blockchain and cryptocurrency start-ups and also launched Stellar blockchain.
The company has raised millions with investors like G2 Ventures, Gateway and with Erik Voorhees(CEO of Shapeshift) and Bram Cohen(Creator of BitTorrent) serving as Advisors. Metal has two native cryptocurrencies, Metal (MTL) and Proton (XPR) which are used to reward the users and build new products.
- Trading Price: $0.360105 (at press time)
- Global Market Capitalization: $23,412,544
- Global Trading Volume: $4,773,977
- Circulating Supply: 65,588,845 MTL
- Total Supply: 65,588,888 MTL