Metal (MTL) a blockchain based Proof of Processed Payments system has today announced it has entered the Chinese cryptocurrency market in collaboration with Huobi.pro, one of the largest bitcoin exchanges in Asia.
Deposits and withdrawals will be available from 12:00 pm, November 16, 2017 (GMT+8). MTL/BTC trading starts at 12:00 PM, November 17, 2017 (GMT+8).
Cumulative net MTL deposits between 14:00, November 16 to 14:00, November 20, 2017 (GMT+8) over 10 MTL are eligible to receive MTL rewards from Huobi, with the exchange possessing 5000 MTL in total to give away.
Metal CEO and Co-Founder Marshall Hayner said:
“This integration is a landmark achievement for Metal’s expansion and development. Metal embraces the Chinese market, and we look forward to growing our community here. This listing advances our mission to make cryptocurrency easy to use, economical and rewarding.”
Metal is a payment processing platform that pays people in cryptocurrency rewards for making transactions on the blockchain. Metal wants to change the way people view money with its products and recently launched Metal Vault, a cryptocurrency wallet for storing Metal, Ethereum, ERC20, and Bitcoin.
Li Huo, senior director at Huobi, said:
“Metal is one of the most promising projects we’ve seen in the market. The blockchain application research institution at Huobi speaks highly about it and we’re excited to welcome them to the Huobi exchange.”
Headquartered now in Singapore, Huobi.pro is a popular digital asset exchange which originated in China. MTL joins Huobi.pro’s growing roster of sixteen cryptocurrencies, which include Ripio, Kybr, 0x, Airswap, and OmiseGo earlier this week in addition to the initial offerings of Bitcoin, Ethereum, Litecoin, and BitConnect.