Credit / Debit Card
Fee
Variable Fees
Processing Time
Usually within 1 minute, up to 48 hours
Minimum Purchase Amount
Starting from approx. 10–15 USD
Supported Regions
Subject to region, fiat currency, issuing bank, and payment channel support
How to Buy Metal DAO (MTL) on LBank
Learn how to buy Metal DAO (MTL) on LBank, including payment methods such as credit cards, debit cards, Apple Pay, and bank transfers, as well as the purchase process, preparations, and FAQs.
Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.
Purchase Decision Overview
Bank Transfer / Local Transfer
Fee
Variable Fees
Processing Time
Depends on the payment method; some local channels may be faster
Minimum Purchase Amount
Starting from approx. 1–10 USD
Supported Regions
Subject to local payment channel support
Three Simple Steps to Buy MTL on LBank
How to Buy MTL on LBank: Payment Methods Overview
Explore the available payment methods for buying MTL on LBank, including credit card, debit card, bank transfer, Apple Pay, Google Pay, PayPal, and P2P, to quickly choose the most suitable way to buy MTL.
Credit / Debit Card
Processing Time: Usually within 1 minute; up to 48 hours
Use a Visa/Mastercard that supports international online transactions and ensure 3D Secure is enabled; if it fails, try a different card or try again later
Common Reasons for Failure: The issuing bank declined the cryptocurrency transaction; insufficient balance; 3D Secure verification failed; risk control interception; or region/card network not supported
Bank Transfer / Local Transfer
Processing Time: Instant or 1–3 Business Days
Verify the receiving account, reference code, and transfer network, and use a bank account consistent with your identity verification
Common Reasons for Failure: Incorrect receiving information or reference code; name mismatch; bank processing delay; or unsupported transfer network
What Do You Need to Prepare Before Buying Metal DAO (MTL) on LBank?
Check the preparations required before buying Metal DAO (MTL) on LBank, including account registration, identity verification (KYC), payment methods, regional availability, and pre-purchase precautions to help you smoothly complete the BTC purchase process.
Suitable for
Users who want to quickly buy MTL with fiat
Before You Buy: Checklist
Register and log in to your account
Complete required KYC
Prepare payment method
Confirm regional availability，Check limits / fees / processing time
User Path
Buy Crypto
How to Buy Metal DAO on LBank – Step-by-Step Guide
Before you begin, decide how you’d like to pay:
Pay with fiat
If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy Metal DAO. LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.
Pay with other cryptocurrencies
If you already hold other cryptocurrencies, you can trade them for Metal DAO on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into Metal DAO.
LBank supports multiple payment methods
You can use the following payment methods to purchase Metal DAO on LBank:
Mobile app guide
1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”
Desktop guide
1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the Metal DAO you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”
P2P Trading
Merchant | Price | Amount ｜ Limit | Payment Method | Action |
|---|---|---|---|---|
LO Loyalty_Trader 1033 min | 100% | 0.918 USD | 3105.14 USDT 500.000 - 2850.518USD | Bank Transfer | |
YY YYDS_Trader 1138 min | 100% | 0.918 USD | 1564.27 USDT 400.000 - 1435.999USD | Bank Transfer | |
ET ETZ_Trader 501 min | 100% | 0.918 USD | 3098.14 USDT 200.000 - 2844.092USD | Bank Transfer |
What is Metal DAO (MTL)?
Metal DAO is a Web3 project focused on bridging traditional finance with decentralized blockchain technology. Its native utility and governance token is known as MTL. The project is designed to simplify the use of digital assets for everyday transactions while providing a compliant infrastructure for both retail users and financial institutions. At the center of the ecosystem is Metal Pay, a mobile payment application that allows users to send, receive, and trade cryptocurrencies alongside traditional fiat currency. One of the distinguishing features of the early ecosystem was a mechanism called Proof of Processed Payments, which rewarded users with tokens for making peer-to-peer payments. A major technical pillar of the project is Metal L2, an Ethereum Layer 2 scaling solution built using the Optimism stack. This network aims to provide faster and cheaper transactions by utilizing optimistic rollups. Metal L2 is positioned as a banking layer for the blockchain space, emphasizing regulatory compliance features such as integrated identity verification and anti-money laundering tools. Within this network, the MTL token serves as a utility for paying transaction fees. Governance is another primary function of the MTL token. Token holders can participate in the Metal DAO to vote on critical protocol decisions. This includes managing the Metal Dollar, which is a stablecoin backed by a basket of other stable assets. DAO members can propose and vote on which stablecoins are included in the basket, their allocation ratios, and which financial entities are authorized to issue them. For users of the Metal Pay app, holding MTL provides practical benefits such as tiered discounts on trading fees. Those who hold a specific threshold of tokens can qualify for significantly reduced or zero-fee transactions when buying and selling digital assets. The project also incorporates features like the Webauth Wallet and decentralized identity solutions to enhance security and ease of use. Overall, Metal DAO seeks to create a user-friendly environment where digital and traditional currencies coexist seamlessly. By combining a consumer-facing payment app with a high-performance Layer 2 network, the project aims to drive broader adoption of blockchain technology through simplified interfaces and institutional-grade compliance. Learn more
Is Metal DAO (MTL) a good investment?
Whether Metal DAO (MTL) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.
Before investing in Metal DAO (MTL) or any cryptocurrency, consider the following:
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.
Fees, limits, and processing time for buying MTL on LBank
Compare fees, transaction limits, and estimated processing times across different payment methods. Actual fees and availability may vary by region, fiat currency, payment method, and third-party providers. Please refer to the order page for final details.
ROI calculator
If I invest, how much profit will I make?
Invest
$
Enter
MTLDate
2026-06-10
You will earn $-- in profit, with an ROI of --
What can you do with Metal DAO (MTL)?
Investment
Buy and hold Metal DAO (MTL), expecting its value to increase over time.
Trade
Actively trade Metal DAO (MTL) on LBank to profit from price fluctuations.
Pay
Use Metal DAO (MTL) to pay for goods and services where accepted.
Why is LBank the best platform to buy Metal DAO (MTL)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Metal DAO (MTL).
Competitive fees
LBank provides competitive trading fees for Metal DAO (MTL).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Metal DAO (MTL).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Metal DAO (MTL) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Metal DAO (MTL) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
LBank complies with all regulatory requirements in the jurisdictions where it operates to ensure a compliant and secure trading environment
After buying MTL, what is the best way to store it?
After buying MTL, you can choose a storage method based on your usage frequency, holding period, and security needs. If you need to trade at any time, you can store it in your LBank account. If you prioritize self-custody or long-term security, consider using a personal wallet or a hardware wallet.
Store in your LBank account
Suitable for
Users who want to trade or convert at any time
Short-term BTC holders
Features
Ready to use immediately after purchase; easier to use
Ideal for frequent trading, conversions, or using platform features
Security Alert
Please enable 2FA
Please set an anti-phishing code
Only log in through official channels
Transfer to a personal hot wallet
Suitable for
Users who want to manage their own assets
Users who need daily transfers or on-chain usage
Features
More flexible; convenient for daily transfers and management
Better suited for small holdings and everyday use
Security Alert
Do not store seed phrases or private keys in the cloud
Do not save sensitive information via chat tools, email, or screenshots
Stay alert for phishing websites and fake wallet apps
Transfer to a hardware wallet
Suitable for
Long-term BTC holders
High-value holders who prioritize security
Features
Private keys are stored offline, offering enhanced security
Ideal for long-term storage of infrequently moved assets
Security Alert
Securely back up seed phrases offline
Never disclose your recovery phrase to anyone
Assets may be irrecoverable if the seed phrase is lost
Metal DAO (MTL) FAQ
Metal DAO (MTL) is the governance token for the Metallicus ecosystem, originally an ERC-20 token on Ethereum. It has recently migrated to Metal L2, an Ethereum Layer 2 scaling solution built on the Optimism Superchain. Its primary purpose is to allow the community to govern the Metal Dollar (XMD) stablecoin and provide utility within the Metal Pay app, linking traditional finance with decentralized applications.
MTL offers several key utilities. Firstly, it grants governance power, allowing holders to propose and vote on the composition of the Metal Dollar (XMD) stablecoin basket. Secondly, within the Metal Pay app, MTL holdings provide tiered trading fee reductions, with significant holdings (e.g., 10,000+ MTL) enabling 0% fees on crypto purchases. Lastly, in the new Metal L2 ecosystem, MTL functions as a gas token, facilitating transaction fee payments and incentivizing liquidity providers on decentralized exchanges.
The Metal DAO underwent a significant migration in June 2024, moving its token from Ethereum to the new Metal L2 network, an Optimism-based scaling solution. A snapshot of v1 token holders was taken on June 24, 2024, followed by a 1:1 airdrop of the new MTL v2 token on June 26, 2024, to eligible wallets. While many major global exchanges automatically supported this migration, certain platforms required users to transfer their funds to self-custodial wallets to receive the v2 tokens and resume trading, as they did not support the airdrop directly.
The Metal Dollar (XMD) is a stablecoin index governed by the Metal DAO. Instead of being backed by a single entity, it is collateralized by a "basket" of established, reserve-backed stablecoins, currently including USDC, PYUSD, and USDP. MTL holders actively participate in governance by voting on the weightings of these underlying stable assets. This diversified approach aims to enhance overall stability and mitigate the risks associated with the potential de-pegging of any single stablecoin component within the index.
Governance for Metal DAO is decentralized and open to MTL holders. To participate, individuals can visit the official governance portal, often hosted via the XPR Network dashboard. Here, users can review active proposals, engage in discussions with the community to understand different viewpoints, and ultimately cast their votes. Voting power is proportional to the amount of MTL tokens held. For major protocol changes, a quorum, typically set at 40% of voting power, is required for a proposal to pass.
Confusion often arises due to their similar names, but MTL and METAL serve distinct roles within the broader Metallicus ecosystem. MTL, or Metal DAO, is a governance and utility token primarily operating on Metal L2 and Ethereum, focused on governing the Metal Dollar stablecoin and providing app benefits. In contrast, METAL is the native coin of the Metal Blockchain, which is a separate Layer 0/1 sovereign chain. While both are part of Metallicus, MTL functions at the Layer 2 application level, whereas METAL powers the foundational Metal Blockchain itself.
