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How to get MERL coin? One article explains all the ways to get MERL coin
ERC-20 utility token MERL, enabling transactions and staking rewards within the Merkle Network ecosystem, can be acquired via exchanges, staking, rewards programs, token sales, and research-backed purchases.
Oct 18, 2024 at 12:48 pm
How to Acquire MERL Coin
MERL coin, an ERC-20 utility token, is the native currency of the Merkle Network ecosystem. Its primary functions include facilitating transaction fees, staking rewards, and accessing Merkle Network products and services. Here are several methods to obtain MERL coins:
1. Purchasing on Cryptocurrency Exchanges:
- Binance: One of the largest cryptocurrency exchanges globally, Binance offers MERL for trading against various fiat currencies and cryptocurrencies, including BTC, ETH, and USDT.
- KuCoin: Another popular platform, KuCoin supports MERL trading pairs against BTC and USDT.
- Gate.io: Gate.io provides multiple MERL trading pairs, including USDT, BTC, and ETH.
2. Participating in Staking:
- Staking on Binance: Binance offers staking rewards for holding MERL coins, with annualized returns varying based on the staking period.
- Staking on KuCoin: KuCoin also provides staking options for MERL, with flexible and fixed-term staking plans.
- Staking on Merkle Network: Users can stake MERL within the Merkle Network wallet or platform to earn staking rewards.
3. Earning through Rewards Programs:
- Referral Program: Merkle Network offers a referral program where users can earn MERL coins by referring new members.
- AirDrops and Giveaways: Various airdrops and giveaways are occasionally organized by Merkle Network or its partners where MERL coins can be obtained.
4. Participating in Token Sales:
- Initial Coin Offering (ICO): Merkle Network conducted an ICO in 2018, selling MERL coins at a discounted price.
- Secondary Token Sales: Reputable token platforms or companies may occasionally offer MERL tokens for sale through private or public token sales.
5. Mining:
- GPU Mining: MERL mining is not supported, as it is not a proof-of-work (PoW) cryptocurrency.
Additional Tips:
- Before purchasing or staking MERL coins, ensure adequate research and due diligence.
- Store your MERL in a secure cryptocurrency wallet or on the Merkle Network platform.
- Monitor the latest news and announcements from Merkle Network to stay informed about potential opportunities to acquire MERL coins.
- Exercise caution with unsolicited offers or scams promising high returns or free MERL coins.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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