How and Where to Buy Metatoken (MTK) – Detailed Guide
- What is MTK?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade MTK
- Last Step: Store MTK securely in hardware wallets
- Other useful tools for trading MTK
- Frequently Asked Questions
- Latest News for MTK
- MTK Price Prediction and Price Movement
What is MTK?
What Is Metatoken (MTK)?
MetaToken is a key currency that starts with Metaverse 2 and plays a key role in building a huge ecosystem by combining the blockchain network with Metaverse 2 World and other metaverse services and NFT services. MetaToken aims to connect all metaverse services.
Metatokens are basic utility tokens used for:
- Goods for all land, item, and resource transactions within the Metaverse 2 platform
- Goods for all item transactions within the Metaverse 2 World platform
- Fees for advertising services and rentals within the entire Metaverse 2 platform
Meta tokens are used in various places such as content usage fees within Metaverse 2 and can be obtained through mining. In addition, within Metaverse 2, users can produce NFT items through the Metaverse 2 editor and trade directly with Meta tokens or through external markets. Users can mine meta tokens from their tiles. As for the amount of meta token mining, when the landmark mining amount is 100%, 95% of the meta token is mined in semi-landmark, and 90% of the meta token is mined in general land, and the amount of tokens mined is proportional to the land price.
The meta token ecosystem will be connected and developed with blockchain services around the world in the future.
What Makes Metatoken Unique?
Metaverse 2 is a real estate platform based on real-world regions. It is based on a reality map that is friendly even to beginners, so many participants can easily access it, so it can secure a large number of members. In addition, not only based on land, but also cryptocurrency staking service, mining various resources on land, or manufacturing work that constructs factories to perform secondary and tertiary processing, etc. We want to provide a platform for users to engage in various activities.
Unlike other real estate platforms, Metaverse 2 goes beyond the concept of simply owning land, and constructs factories, mining machines, and buildings on the land it owns to mine various resources and uses the mined resources for secondary and tertiary process work. This allows users to construct their own buildings. Values can be determined by participant abilities and ideas. Based on this, active participation of users is increased, and various outputs such as building NFT minting through sale of processed resources or building construction, building advertisements, and exhibitions can be expected. We anticipate that the Metaverse market will grow exponentially by making it possible for users to monetize a lot of content within the Metaverse 2 platform.
Who Are the Founders of Metatoken?
How Many Metatoken Are There in Circulation?
Metaverse2 uses a utility token called MTK. The issuance of meta tokens is 1 billion, and the number of users holding 105 million is in circulation. About 50 million pieces (land transaction fee, resource transaction fee buyback volume) are locked up as the company's holdings.
ICO did not proceed and was distributed as events and mining on the Metaverse 2 platform. About 35,000 meta tokens are mined per day.
In addition, meta tokens are locked up for a 5% fee for resource transaction and a land transaction fee. When new land is opened, the first tile purchase will be incinerated.
100% of the total token supply is allocated for token mining.
MTK was first tradable on 1st Nov, 2022. It has a total supply of 992,176,894.88. As of right now MTK has a market capitalization of USD $4,610,195.07. The current price of MTK is $0.00461 and is ranked 3645 on Coinmarketcap and has recently surged 24.93 percent at the time of writing.
MTK has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MTK.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
But we are not done yet, since MTK is an altcoin we need to transfer our USDT to an exchange that MTK can be traded. Below is a list of exchanges that offers to trade MTK in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase MTK from the exchange view.
Last Step: Store MTK securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your MTK for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy MTK with cash?
There is no direct way to buy MTK with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy MTK in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy MTK or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on Metatoken's fundamentals and current price here.