Kraken Cryptocurrency Exchange
Merit Circle (MC) is the 3569th largest cryptocurrency by market cap, valued at US$960,743.
Merit Circle is a highly volatile asset capable of major price swings in a single day. Today the price of MC is $0.080681, which is higher than yesterday's trading price of $0.0743172373. Over the past year, Merit Circle's price has seen a decrease of -97%.
So before you buy Merit Circle, make sure you understand these unique risks as well as its legal and tax status here in the US.
If you're ready to get started, read on for step-by-step instructions on how you can buy Merit Circle.
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
Find an exchange to buy, sell and trade MC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
Merit Circle is a decentralized autonomous organisation (DAO) and gaming guild that invests in elements involving the play-to-earn (P2E) ecosystem. Aimed at bridging the gap between P2E, gaming, and education the project seeks to help those that want to earn money from gaming while helping to build the metaverse on the Ethereum and Binance Smart Chain blockchains.
As part of the project's initiative, the DAO hosts scholarship programs and educational content to offer gamers the opportunity to earn more while eliminating the barriers to entry in the P2E space. According to the project's website, the gaming guild assigns managers to oversee daily operations and rewards them based on performance. Gamers, on the other hand, get to enjoy borrowed gaming assets that enable them to earn in the industry's most popular games.
MC is the native governance token that allows holders to submit or vote on proposals that decide the actions taken by the DAO. Furthermore, Merit Circle continually partners with P2E games in the industry to give MC token holders exclusive in-game rewards, early access to games, and other perks.
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Merit Circle.
Once you've created an account, you will need to deposit funds to buy MC with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy MC:
The easiest way to buy MC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying MC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Merit Circle has been performing recently.
You can keep your MC on the exchange you purchased it on, or move it to a personal wallet:
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $129 |
Price (USD) $49.99 |
See more of the best crypto wallets
Cryptocurrencies are both complicated and speculative. Buying any crypto coin or token comes with a high level of risk. It's essential that you're fully aware of all the risks involved before you decide to buy. If you're thinking of purchasing MC, make sure you consider the following factors:
Compare today's price of Merit Circle ($0.080681 USD) against its all-time-high price of $11.7 USD on 02 December 2021. The closer the bar is to 100%, the closer MC is to reaching its ATH again.
Disclaimer: Cryptocurrencies, including Merit Circle, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of MC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Merit Circle or any other cryptocurrency discussed.
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