How to Buy Mintlayer Crypto (ML)
What is Mintlayer (ML)?
According to Coingecko, Mintlayer is : What is Mintlayer (ML)? Mintlayer is a layer 2 solution that allows users to build a decentralized finance ecosystem rooted in the established network of the Bitcoin blockchain opening Bitcoin to DeFi, smart contracts, atomic swaps, NFTs, and dapps. Mintlayer is a protocol focused on developing a decentralized finance (DeFi) ecosystem that leverages the Bitcoin and Lightning Network. The company's vision is to develop a platform to deploy smart contracts on the BTC blockchain, which will eventually give rise to a decentralized exchange (DEX). Mintlayer is opening up new ways for the DeFi sector to integrate with Bitcoin to enable real-world financial use cases on the Bitcoin blockchain. Mintlayer USP - Atomic Swaps While other projects are trying to enable DeFi on Bitcoin, Mintlayer is the only protocol that enables direct 1:1 swap of Native Bitcoin for other tokenized assets Minted directly on Mintlayer. With these atomic swaps on Mintlayer, there are no intermediaries, peg-in, wrapped, or federated tokens. No other project has approached asset swaps in this manner, and it enables users to use native Bitcoin for financial instruments without counterparty or intermediary risk. Additional Features: -Unlike Ethereum, users can choose any token to pay transaction fees. -With Turing incomplete smart contracts, Mintlayer reduces the risk of contract failure and increases outcome predictability. This feature also reduces on-chain congestion. -It has an access control list or Access control list (ACL) for improved compliance with security tokens such as whitelisting/blacklisting addresses and such functionalities. -With multi-token transfers in a single transaction, Mintlayer makes aggregated payments a reality. -By integrating the Lightning Network, Mintlayer users will enjoy high transactions per second to enable fast transactions. -This project also has programmable pools for efficient tokenomics and evading Unspent Transaction Output (UTXO) pollution.
Where can I buy ML Crypto?
The best website to buy Mintlayer is Simpleswap.
With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.
How to Buy Mintlayer on Simpleswap
To buy Mintlayer on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select ML, just like in this example:
Once you selected the currency you want to pay in, and ML, you need to paste your respective wallet address where you want to receive your ML.
With Simpleswap, you'll receive your Mintlayer directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.
Check out Mintlayer links:
Website: https://www.mintlayer.org
Twitter: https://twitter.com/mintlayer
Telegram: https://t.me/mintlayer
Please make sure you read our Disclaimer. We are not financial advisors.