Why use Swyftx to Buy Metal?

Lowest Fees

Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Metal, than our closest competitors.

Instant Verification

Verify online instantly without uploading documents and deposit AUD to start Metal trading in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

What is Metal?

Metal utilises a system call Proof-of-Processed-Payments on the blockchain to identify users and rewards consumers (with MTL) for making the switch from Fiat currencies to crypto, particularly when making payments. Metal employs a similar user interface to Paypal and Square, something that consumers are already familiar with. Metal acts as an on ramp from fiat into the world of cryptocurrencies.

In particular, cash only businesses can benefit by utilising cryptocurrencies as a new form of digital cash, free from censorship and with increased privacy. Metal expects to save consumers 4-5% on purchases in a world that preferences blockchain-based technology over traditional banking.

How do I buy Metal?

To buy Metal, log into the Swyftx crypto exchange, enter an amount of Metal you want to buy, or the amount of Australian dollars you want to sell. If you’re happy with the price, tap the ‘Buy Metal‘ button to complete your Metal purchase. You can deposit AUD via BPAY, OSKO, PayID, POLi Pay, or Bank Transfer as your payment method to instantly purchase Metal and other digital currencies, including ‘alt coins’. Once the transfer is processed, your account balance can be used to buy Metal which will be available in your Swyftx hosted online Metal wallet immediately. Many altcoin wallets are also available in case you want to buy crypto.

You can deposit or withdraw your Metal or other digital currencies from your private online Swyftx wallet at any time. Sign up for your own Metal exchange trading profile and start buying or selling Metal by creating a free account now.

How do we determine the price of Metal?

The price of Metal listed for trading on the Swyftx crypto exchange is set by real world trade volumes averaged on global exchanges, so our Metal price won’t fluctuate as heavily as you might see on our competitors sites. Metal prices are influenced by the supply and demand from buyers and sellers throughout the world.

The current price of Metal is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on Metal nor does it “make the market” when you buy Metal. This means you can trade as little or as much Metal as you like and know that you’ll always get the best prices with the lowest fees on our Metal Exchange.

Metal in minutes!

Buy Metal on Swyftx and we immediately make the Metal available in your wallet. It’s super easy and super fast!

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More trading options

All assets for trading

Buy, Sell and Trade many more Coins, Assets, Tokens and Digital Currencies with Swyftx, the most progressive Australian Crypto Exchange!

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