Metal Pay

Metal Pay is an innovative digital currency trading platform designed to provide users with convenient, secure, and low - cost cryptocurrency trading services. Since its development by the blockchain digital products company Metallicus Inc. in 2016, the platform has been launched in approximately 46 states in the United States and around 30 countries in Europe, and is highly trusted by users.

Metal Pay APP

The Metal Pay APP is its core product. It has a simple and easy - to - use interface, similar to Venmo, Square, or PayPal, allowing ordinary users to get started easily. Through the APP, users can securely trade, send, and receive crypto - assets and cash. All cash balances within the APP are insured by the Federal Deposit Insurance Corporation (FDIC), adding an extra layer of protection for users' funds. At the same time, the APP is integrated with the decentralized exchange ProtonDex, which is based on Proton blockchain technology. This enables fast and gas - free transactions, reducing the dependence on third - party exchanges.

Metal Pay Fees

On Metal Pay, the transaction fee structure is clear. Except for Bitcoin (BTC), Metal (MTL), XRP, and the US dollar stablecoin (USDC), the basic trading rate for buying and selling other currencies is 2%. The handling fee for purchasing BTC is 0.5%; the handling fees for purchasing MTL, XRP, Loan, and Metal are also 0.5%; and there is no handling fee for purchasing USDC. In addition, using a debit card or credit card for deposits will incur additional fees, which vary depending on the deposit method. However, holding MTL can enjoy transaction fee reductions. Holding 2000 MTL can get a 25% fee discount; holding 4000 MTL, the discount is 50%; if you hold 10000 MTL, the transaction fees are completely waived.