Nov 1, 2023
Metal Pay makes buying, selling, and sending digital assets or cryptocurrencies easy for everyone. Recently, many people have faced problems with centralized exchanges, which are like middlemen in trades. These problems include lack of transparency and security issues. Metal Pay does things differently. When you buy on Metal Pay, the trades are executed on Metal X, a decentralized platform, meaning there's no middleman involved.
One big advantage of using a decentralized exchange like Metal X is that it helps to avoid a common issue called miner-extracted value (MEV). This is where some people can take advantage of their position to manipulate trades. Metal X helps to prevent this, making trading fairer and more transparent. Also, decentralized exchanges provide better control over your assets and reduce the risk of hacks since there's no central server holding all the assets.
As users get comfortable with Metal Pay, they can start exploring Metal X for more advanced trading. Metal X is open to everyone and offers a way to delve into decentralized finance (DeFi) applications. It has features like lending, borrowing, yield farming, and liquidity pools, which are ways to earn more from your digital assets.
Moving into the advanced trading world is easy with Metal Pay, which acts as a gateway to Metal X. Users can transfer digital assets into the WebAuth Wallet, a self-custody wallet, which means you have complete control over your assets. This setup then allows users to make use of all the great features of Metal X.
Whether you're just starting your cryptocurrency journey or looking to explore more advanced ways of using digital currencies, the combination of Metal Pay and Metal X provides a good platform. From simple buying, selling, and sending on Metal Pay to exploring wider financial opportunities on Metal X, users have a range of tools and features to help them make the most of their digital assets. This setup, bringing together Metal Pay and Metal X, caters to both newcomers and experienced crypto users, making managing and growing digital assets straightforward and accessible.