How & where to buy Metacade (MCADE) online

By:

Prash Raval

Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.

Updated: May 11, 2023

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Metacade tokens are available on a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy Metacade this way. Follow our quick step guide below.

How to buy Metacade instantly in 3 simple steps

To buy Metacade you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and is completely anonymous. Here’s how to do it.

Where to buy MCADE easily

The overall best exchange to buy Metacade tokens for beginners is Uniswap.

Metacade will soon be available on the Bitmart and MEXC exchanges as well.

Read more about how we rate, rank and review platforms.

How to trade MCADE

You can trade Metacade on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how MCADE crypto trading works:

1. Monitor the price: Let’s say the price of MCADE/USDT is $1. You read the price charts and decide that now is a good time to start purchasing MCADE.
2. Open a trade: You trade one USDT for one MCADE ($1 for 1 MCADE).
3. Continue to monitor the price: The next day, one MCADE token is now worth $2, a 100% increase.
4. Close your trade: You trade your MCADE token back to USDT for $2.

In this example, you buy and sell Metacade, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend many hours learning to trade, reading charts, patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for Metacade (MCADE)?

The simplest way to buy Metacade cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for MCADE.

• Buy Metacade with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.

• Buy Metacade with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a £1 fee, and these transactions are more or less instant as they run through the Faster Payments System (FPS).

• Buy Metacade with PayPal. Some crypto brokers accept deposits via PayPal. eToro is the best option because it doesn’t charge a fee for PayPal deposits, whereas the charge can be as high as 5% or more with other platforms.

• Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store Metacade (MCADE)?

Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of Metacade then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best Metacade wallets to use are MetaMask and the Ledger Nano S.

Is Metacade (MCADE) a good investment?

Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Metacade and its token to help you decide whether to invest in MCADE.

• You can use Metacade to earn interest. MCADE tokens can be staked to earn rewards and passive income. Metacade shares revenue it generates from the platform rather than MCADE tokens. This is to avoid inflating the number of tokens in circulation. 
• The total number of coins in circulation will lower over time. Metacade plans to burn tokens or buy back tokens once the platform generates revenue. There is a fixed supply of 2 billion MCADE coins, with 1.4 billion available during the presale. As the platform grows, fewer tokens will be available, increasing their scarcity. 
• MCADE tokens are rewarded to users who participate on the platform. Metacade rewards active users with MCADE coins for simply playing games and giving actional feedback to developers. This distribution of coins is aimed at helping the community grow, improving games, and enhancing the platform. 
• Metacade gives grants to developers. Metacade will give grants to developers to bring new ideas and developer new games. As seen with other platforms such as Axie Infinity, a single game can quickly gain popularity and drive new users to the network. Grants will help encourage new games and speed up the ecosystem’s growth. 
• The platform has plans to become a DAO. In the early stages of Metacades development, its in-house team make most of the decisions. However, as the platform grows, the team will step back and let the community become a decentralised autonomous organisation. This means MCADE holders will have a say in how the platform develops in the future. 
• Metacade can capitalise on the metaverse. When Facebook rebranded to Meta, the metaverse became a hot topic, with many experts suggesting it is the future of the internet. Some forecast the industry will be worth $8 trillion one day. MCADE is a metaverse coin so it has plenty of opportunity to grow with the sector. 

Use this quick summary of pros and cons to compare Metacade with other, similar projects.

Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

How has Metacade (MCADE) performed this year?

The current Metacade price today is $0.01789, which is 16% below its all time high of $0.0213, which it reached on 8 April 2023. MCADE is up 11.95% this year, with a 52 week high of $0.0213 and a 52 week low of $0.0161.

Is now a good time to buy Metacade?

The answer depends on the current price and your own investment goals. Put simply, buying Metacade, selling Metacade, and trading MCADE are all the exact same process. It’s really just your personal investing intentions that defines whether now is a good time to invest or not.

• If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #hodl that coin long term in the hopes of larger profits. In this sense, any time is a good time to buy Metacade.
• As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of Metacade and its decentralised aggregator platform, then a good time to purchase Metacade is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying Metacade and selling it the next day probably isn’t why you’re here either.

Regardless, closely following MCADE price news & analysis will help you decide when to pull the trigger:

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