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Metal Exchange

The Metal token (MTL) is the token based on Ethereum ERC20 which uses MetalPay’s unique Proof-of-Processed Payments (PoPP) to recognize users and reward them by fair distribution. You can perform Metal exchange on our website, BestRate.org. This blockchain-based system uses Proof-of-Processed-Payments to identify users. The rewards are granted for for converting legacy fiat currency into cryptocurrency. Thus the system acts as a bridge between fiat money and cryptocurrencies.

There are only 66.5 mln MTL tokens available. The users can earn up to 5{0223fb8b98494f5cd72c0c23c7fb58a54bdc14e606a416dacf014b97ab2a436d} MTL on every purchase.

In order to exchange Bitcoin to Metal, you need to set up a wallet for both of these currencies first.

For Metal, create a wallet on https://www.myetherwallet.com

Check how to add a custom token on MyEtherWallet in their knowledgebase.

For Bitcoin, we recommend to use the wallet named Jaxx.

Set up Jaxx wallet on your PC

1. First, you need to install the Jaxx application on your PC. You can do it by the link below:

https://jaxx.io/downloads.html
Select the desktop version, download and install the app. Accept the terms of service and privacy policy and create a new wallet:

2. If you have multiple alternative currencies select the custom wallet:

3. Select the virtual currencies you possess:

4. Select the fiat currencies you possess:

5. On the next step, Jaxx will ask you if you want to backup your wallet. Agree, as this is very important in terms of security of your digital funds.

6. Jaxx will generate a mix of 12 words that are not related with each other, which makes it really difficult to remember. Write down this word set somewhere in a paper notebook or any other item that can’t be hacked via internet.

7. Type this word mix on the next step:

8. Then Jaxx will ask you if you want to set up a security PIN. Agree and proceed to the next step. Set up your 4-digit PIN-code and verify it:

That’s it, now you have a Jaxx wallet on your PC.

How to buy Metal

If you have some digital currency that you want to exchange for Metal, select it from the list and put in the amount.

Select the Metal price that works well for you.

Put in your Metal wallet address, copy the address provided by BestRate.org and you will see the transaction created and processed right after that. The status of your transaction will be displayed on your monitor.

How to sell Metal

If you want to sell Metaland buy something else, first select the cryptocurrency you want to purchase and put in the amount. Then repeat all the steps described above.

BestRate.org provides you with the best Digix exchange rates so that you could maximize your profits.