Buying cryptocurrency through Metal Pay is just the first step. The key to truly unlocking its value lies in fully utilizing the platform's built-in ecosystem features. Many new users simply leave their assets on the exchange, neglecting its expandable chain of financial tools.
In an environment of low market sentiment, it is especially important to take the initiative in managing your assets. Metal Pay users can increase their holdings in a variety of ways, rather than passively HODLing.
Use WebAuth Wallet for Self-Custody
Metal Pay's integrated WebAuth wallet uses biometric technology (such as Face ID or fingerprint) to replace traditional passwords or mnemonic phrases, enhancing security and ease of use. Each wallet has a human-readable address similar to @satoshi, avoiding the hassle of complex hexadecimal strings. The wallet supports multiple chains including XPR Network, Metal L2, Ethereum, and Optimism, allowing seamless transfer of assets from the exchange to a self-custodial environment while remaining within the Metal ecosystem.
Zero-Gas Fee Transactions via Metal X
Metal X is a decentralized trading platform deeply integrated into the WebAuth wallet, allowing users to complete asset swaps without leaving the application. The platform focuses on the concept of "compliance-first DeFi News," aiming to integrate traditional financial regulatory frameworks with decentralized protocols to provide users with a safe and transparent trading experience.
Stake MTL Tokens to Participate in Governance and Earn Rewards
Users can earn stable returns by staking MTL tokens, with the reward ratio proportional to the amount staked. In addition, participating in liquidity pool voting on Metal L2 may also result in additional MTL rewards based on incentive distribution. The platform distributes 18 million MTL annually through three major incentive programs: L2 Incentive Program (6 million for user growth and TVL increase), Sequencer Incentive (6 million for protocol operation and maintenance), and Core Development Grants (6 million to support community-elected developers).
Hold MTL to Enjoy Transaction Fee Waivers
The current price of MTL is approximately $0.267 USD. Holding approximately $2670 USD worth of MTL unlocks a 0% transaction fee tier. For frequent traders, the long-term savings in transaction fees can cover the holding costs, creating a positive return cycle.
Enable Dollar-Cost Averaging (DCA) Strategy for Automatic Buying
Metal Pay supports setting up automatic recurring purchases, allowing users to buy Bitcoin and other supported assets in fixed amounts on a daily, weekly, or monthly basis without manual intervention, effectively smoothing out market fluctuations and reducing the risk of timing the market.
Bridge Assets to Metal L2
Metal L2 is an Ethereum Layer 2 scaling solution built on the Optimism Superchain, using optimistic rollup technology to process transactions in batches, significantly reducing gas fees while inheriting Ethereum's security. Through Superbridge, users can easily transfer ETH, MTL, and USDC between the Ethereum mainnet and Metal L2. Its unique private mempool sequencer also effectively prevents MEV (Maximum Extractable Value) attacks, protecting users from front-running bots.
Earn Consumption Rebates via PoPP Mechanism
Metal Pay's unique Proof-of-Processed-Payment (PoPP) mechanism allows users to earn up to 5% MTL cashback when using the platform for transfers, receipts, or spending. This mechanism transforms everyday payment behavior into a way to accumulate assets, further enhancing user stickiness and economic incentives.
Overall, Metal Pay is not just a purchasing channel, but a comprehensive crypto-financial platform integrating self-custody, trading, staking, incentives, and scaling solutions. Users only need to actively explore to transform basic holdings into a continuously appreciating asset portfolio.