MANTLE is a layer-2 network built on Ethereum. It allows dApps to be built with low fees, high scalability, and robust security. The lower fees are achieved with the help of Optimistic Rollup technology and a modular chain architecture. MNT is the governance and utility token of the Mantle network.
The MNT token is used to vote for all network decisions. MNT voters decide on the management of treasury resources, the distribution of power among operating teams, and the implementation of corrective actions. The token is also used for gas fees within the network.
If you are intrigued by the utility of the Mantle network, follow this guide to learn how to buy the token and get involved with the network.
How To Buy Mantle In 4 Easy Steps
The steps listed below will guide you through the process of buying the MANTLE token in an ordered manner.
Step 1: Choose A Crypto Exchange Platform
A crypto exchange platform is essential to purchase and manage cryptocurrencies. The most important factors to consider while choosing a platform are safety features, customer feedback, and supported payment options. For each platform, the payment options include different fiat currencies and altcoin exchange pairs.
Platforms like Cex.io support USD purchases for MNT. Kraken accepts both USD and EUR and CoinDCX has INR as an option for MNT trade. If you don’t have access to these currencies, you may exchange an MNT token with an altcoin. Cryptocurrencies like USDT, USDC, and NTC can be traded for MANTLE on Bybit.
Step 2: Register On Any Of The Platform
Any platform you choose will require you to register an account to begin trading. This registration increases platform security and enables regulation compliance. To make an account, you will have to enter details such as your full name, email address, residential address, and phone number. Along with these details, a valid identification document is required. Accepted documents vary but usually include passports, driver’s licenses, Aadhar cards and more. These documents complete a KYC protocol which completes your registration.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now your account is ready for trading. Begin by adding money to your crypto account. This can be done through one of the payment options available on the exchange platform. Credit/debit cards, bank transfers, and crypto wallets are some widely used methods. Deposited fiat currencies can be used to buy MNT directly. INR, EUR, and USD are examples of such currencies. If your fiat currency doesn’t support a direct purchase, you may use altcoins like Tether (on KuCoin, ByBit, BitMart, BingX), USD Coin (on ByBit), and Bitcoin (on Upbit, ByBit) to trade MNT.
Step 4: Store The Cryptocurrency In A Wallet
Your crypto tokens are better stored on a crypto wallet. A wallet uses advanced security infrastructure coupled with easy asset management controls to help you secure your tokens. You may pick a wallet based on user reviews, user interface, transaction fees, and other supported features. Atomic Wallet, MEW, MetaMask and Bitget Wallet are a few wallets that are recommended for the MNT token.
To add the tokens to your wallet, go to the withdrawal section of the exchange platform. Access the wallet transfer option and transfer the token by entering the amount and the wallet’s public key. This step completes a safe and easy method to buy the MANTLE token.
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Popular Video Guides On Buying Mantle (MNT)
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Where To Buy Mantle (MNT)
BitMart is a centralised exchange platform that has been providing trading and investment services since 2017. Products and services like staking, lending, spot trading, margin trading and futures trading cater to all crypto traders irrespective of their experience. BitMart continuously works on regulation compliance, reliability and security to deliver a trustworthy platform.
Factsheet
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Operational Since: |
2017 |
|
Deposit Methods: |
Credit/Debit Card, Bank Transfer, Cryptocurrencies |
|
Deposit Fees: |
Free |
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Cryptos Listed: |
1500+ |
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Trading Fees: |
0.25% for both maker and taker |
|
Fiat Currencies Supported: |
50+ fiat accepted |
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Trustworthiness: |
Safe and reliable |
Kraken was founded in 2011, pioneering spot trading, derivatives and index products. The products now include margin trading, futures, staking, and NFT marketplaces (upcoming) as well. The platform offers 24/7 customer support and a low fee on buy/sell orders. Kraken is a popular platform amongst crypto traders.
Factsheet
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Operational Since: |
2011 |
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Deposit Methods: |
PayPal, Debit/Credit, UPI, Crypto |
|
Deposit Fees: |
Kraken charges different fees for different types of deposits |
|
Cryptos Listed: |
500+ |
|
Trading Fees: |
0% to 0.40% of the total cost |
|
Fiat Currencies Supported: |
USD, EUR, GBP, JPY, CAD etc. |
|
Trustworthiness: |
Safe and reliable |
Bybit is one of the leading crypto exchanges in the world. The platform is built for professional traders with features like ultra-fast matching. Traders enjoy 24/7 customer support and multilingual community support for more convenient trading. Spot trades, derivatives trades, NFTs and ByBit Earn are some of its products.
Factsheet
|
Operational Since: |
2018 |
|
Deposit Methods: |
Credit/Debit Card Payment, P2P trading, Third party payment and fiat deposits. |
|
Deposit Fees: |
No charge |
|
Cryptos Listed: |
100+ coins |
|
Trading Fees: |
0.04% for Makers and 0.01% for Takers |
|
Fiat Currencies Supported: |
60+ fiat currencies |
|
Trustworthiness: |
Safe and reliable |
Frequently Asked Questions
Where Can You Buy Mantle With A Credit Or Debit Card?
Owing to the simplicity of using credit/debit cards, they are available for direct purchase on several trading platforms. Make sure that you confirm its availability through the FAQ section of the platform. After you add funds to your crypto account with your card, you may either directly purchase the MNT token or purchase an altcoin. A direct purchase can be made only if the token is tradable for your fiat currency. Altcoin pairs vary with trading platforms as well. Moreover, it is advisable to study the exchange trends to make potentially profitable trades.
What Will You Need To Buy Mantle?
The following list brings together all the components that you need to complete the purchase. This will help you proceed in a hassle-free way.
- Exchange platform: An exchange platform provides a detailed market analysis and several trading options to aid your purchase. Platforms like BitMart, Kraken, and Bybit are preferred for their safety and user-centric services.
- Valid ID: An identification document is a must to register an account on any trading platform. Documents like passports, tax returns, PAN cards, and Aadhar cards are used to complete a KYC process. You should make a list of necessary documents beforehand since the specifics vary for each platform.
- Credit/debit card: A convenient way to fund your crypto account is through credit/debit cards. However, some platforms may not have credit/debit cards as a payment method. You may purchase a token directly with the card or purchase a swappable altcoin.
- Crypto wallet: You should use a crypto wallet to keep your crypto tokens safe and secure. Wallets manage digital assets and provide web3 services to you. While picking a wallet, you should pay attention to safety features, ease of use, and customer support to get the most suitable wallet. Some wallet recommendations for MNT tokens are Atomic Wallet, MyEtherWallet, and Bitget Wallet.
What Is The Easiest Way To Buy Mantle?
The easiest way to buy the MNT token is through a direct credit/debit card purchase. When you use a credit/debit card to add money to your account and use these funds to buy the token, it is a direct purchase. This method is accessible only if the trading platform supports credit/debit cards and a fiat currency exchange.
Two such platforms are Kraken and CoinDCX; supporting USD and INR exchanges respectively. If your preferred fiat currency is not listed, the easiest way to buy MANTLE is through an altcoin. Altcoin exchange pairs for Tether, USD Coin, and Bitcoin are available on platforms like HTX, KuCoin, ByBit, and BingX.
Best Wallets To Store Your Mantle (MNT)
There are many crypto wallet options available in the market. To shortlist from these options, check the customer feedback, user interface, customer support, and transaction fees. To help you with the same, we have listed some prominent MNT wallets.
- Bitget wallet: Bitget wallet is a non-custodial multi-chain wallet with a secure and convenient experience for all users. Apart from cryptocurrency management, the wallet provides swapping, NFT trading, DApp browsing and more. Bitget Wallet also uses a protection fund to secure all user assets. It can be used on Chrome, iOS devices, and Android devices.
- Atomic wallet: This wallet does not need registration or KYC for use. Despite this, it is completely safe to use because of its advanced encryption methods. Users can instantly swap, buy, and stake their tokens to earn cashback rewards. Atomic Wallet is available on all mobile devices and operating systems.
- MyEtherWallet (MEW)- MEW is an open-source wallet characterized by its intuitive and appealing user interface. All ERC20 coins are available on the wallet. MEW does not track or store user data and offers complete transparency with security audits. The wallet has now expanded to include NFT marketplaces and web3 browsing as well.
