Metal (MTL) is the native currency of Metal products and an essential part of the Metal ecosystem. Sending and receiving any crypto to friends on Metal Pay is, according to the team, instant and feeless. Designed to make cryptocurrency payments fast and easy, users pay zero fees when sending, receiving, buying, or selling MTL. 

Additionally, Metal Pay users pay substantially less fees when buying other cryptocurrencies if they also hold MTL, with 0% fees offered to anyone who holds 10,000 MTL. Created with the goal of being highly useful and advantageous to hold, MTL has fueled Metal Pay and allowed it to become one of the few FDIC-insured on-ramps to cryptocurrency in the United States. As of 8th of June 2022, Metal Pay is available in 28 EU contries allowing hundreds of millions of more people to use and enjoy the benefits of Metal Pay.

Metal (MTL) is currently a cryptocurrency token that operates on the Ethereum platform but it will become available on the native Metal blockchain: Proton. Launching MTL on Proton will open new on-chain utility possibilities for MTL

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