What is Metrix Coin and How you can buy it in Africa?

Metrix Coin
5 min readFeb 17, 2022

Author: Rogers Kabatereine (Metrix Coin Ambassador)

Many individuals have heard of cryptocurrencies but they don't know how to get one, well, In this article i am going to explain in details what cryptocurrencies are, What Metrix coin is, how to buy and sell Metrix coin and give reviews on the most trusted site to buy and sell Cryptocurrencies mainly Metrix Coin in Africa using Fiat like UGX, KSH, TZS, NGN.

Basic Things you Should know About Metrix Coin.

Metrix is a cryptocurrency that has been hard-forked from the QTUM blockchain. It combines the best features of both Bitcoin’s UTXO (unspent-transaction-output) and Ethereum’s EVM (Ethereum Virtual Machine). It is a truly decentralized digital asset which is driven and guided by “governors”. All governors hold a substantial amount of the coin (7.5 million MRX) locked in so that they can vote on proposals on the chain. This ensures all involved endeavor to get the best out of the coin and the community as a whole.

Metrix Coin is currently at a price of $0.0002184 .

https://www.metrixcoin.com

How Can I Get Metrix Coin?

The most common legit ways of getting Metrix Coin is by;

● Buying.

● Get paid in Metrix Coin..

● Trading.

● Selling your Products or Goods for Metrix Coin.

● Faucets.

What Do you Need To Buy Metrix Coin?

Metrix Coin Wallet: A crypto wallet is an application software that allows individuals to keep their cryptocurrencies, send or receive cryptocurrencies in their own will.

Therefore you will need a Metrix Coin wallet to buy Metrix Coin since Without it, there is no particular address to send your Metrix Coin to. It is not advisable to keep your Metrix Coins on Centralized Exchanges.

You can download Metrix Desktop and mobile wallets from

https://www.metrixcoin.com/#wallets

Metrix Coin Exchanges

Metrix Coin is listed on several Exchanges Both decentralized and Centralized.

Centralized exchanges are platforms which facilitate the buying and selling of cryptocurrency, either for fiat curriencies, like the US dollar, or between digital assets, like ETH and MRX. They function as trusted intermediaries in trades, and often act as custodians by storing and protecting your funds.

Centralized Exchanges that support Metrix Coin Include:

Crex24 is a cryptocurrency exchange that has been providing users with some of the best conditions for cryptocurrency trading since 2017.

DigiFinex is a global digital asset management platform headquartered in Hong Kong. They mainly provides more than 100 types of digital currency assets trading and investments such as BTC, ETH, MRX, XRP and more.

WhiteBit is also a centralized crypto-to-fiat exchange with a team of 100+ members. They meet all KYC and AML requirements.

https://whitebit.com/trade/MRX_BTC

Decentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over management of their funds to an intermediary or custodian.

You can Swap BNB to MRXb on PancakeSwap

https://pancakeswap.finance/info/token/0x767b28a30e3a15dcece7bff7a020adfde9d 19cf8

Exchange ETH, Dai and other ERC20 tokens to MRXe (Metrix Coin on Ethereum Network) on Uniswap

https://app.uniswap.org/#/swap?outputCurrency=0xD38B1159c8aEE064Af2D869Afa 1c2c1632da8B97

The easiest way of getting Metrix coin in Africa using fiat like UGX, NGN, TZSH, KSH and others is through using Centralized exchanges that support these currencies to buy BTC, ETH or BNB that can later be traded for MRX on the above listed exchanges.

A Quick Review On The Top Trusted Platforms To Buy Bitcoins and other Cryptos In Africa Using Fiat Currencies.

● BINANCE

● LUNO

● REMITANO

● LOCALBITCOINS

Binance

Binance is the Largest Crypto Exchange, It supports Fiat deposits like UGX, KSH,

TZSH, NGN and others.

You can deposit Fiat using Mobile money deposits, and buy Cryptos like BTC, ETH XRP or BNB.

Binance also has P2P trading, where you can buy Cryptos using local payment methods like ChipprCash, Eversend, Mobilemoney, Bank transfers and more.

Luno

Luno is a popular exchange platform which allows it's users to buy and sell Bitcoins at ease. This platform also features other Cryptocurrencies like

Litcoin(LTC),Ethereum (ETH) and more.

Luno is currently working in four(4) African Countries which includes ; South Africa, Uganda, Nigeria and Zambia . Luno features an exchange platform ,brokage platform and also an inbuilt wallet to allows it's users to store cryptocurrencies safely.

Remitano

Remitano is a peer-to-peer cryptocurrency marketplace. The platform allows you to buy Bitcoin and other cryptocurrencies by making available traders in your locality who wants to either buy or sell ETH, Bitcoin, and many other cryptocurrencies.

Remitano is owned by Babylon Solution Limited in Seychelles. Remitano is accessible in Ghana, Kenya, Namibia, South Africa, Zimbabwe, Cote de Voire, Tanzania and Uganda.

How Does It work?

Remitano basically links Cryptocurrency buyers and sellers around your locality to enable them undertake trading activities among themselves. You do not buy Bitcoin from the company but rather traders around you who want exactly oppostie of what you want. For instance, if you want to buy Bitcoin, Remitano connects you to someone who wants to sell Bitcoin. In otherwords,Remitano serves as a mediator.

LocalBitcoins

LocalBitcoins is a peer to peer bitcoin marketplace based in Helsinki, Finland. Its service facilitates over-the-counter trading of local currency for bitcoins. Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins.

You can buy and sell most popular Cryptos using Fiat and mobile Payments.

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Metrix Coin

A community-driven blockchain project that aims to enhance business models and improve business-to-comsumer relationships through our products and services.