4/1/2023, 2:34:26 PM

Buy Merchant Token with Coinbase Wallet

Merchant Token can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

-

Volume (24h)

$1,375.31

Circulating supply

-

All time high

$16.90

Price change (1h)

-0.3%

Price change (24h)

+1.44%

Price change (7d)

+0.11%

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Merchant Token is on the rise this week.

The price of Merchant Token has risen by 0.11% in the past 7 days. The price increased by 1.44% in the last 24 hours. In just the past hour, the price shrunk by 0.30%. The current price is $0.0319 per MTO. Merchant Token is 99.81% below the all time high of $16.90.

The current circulating supply is 0 MTO.

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About

What Is Merchant Token (MTO)

Merchant token (MTO) is Hips Merchant Protocol's (HMP), the native protocoltoken issued on Ethereum using the ERC-20 standard. HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP-gateway), and the government Merchant Token (MTO) aim to be defined as a solution to consumer protection. The protocol, gateway, and token seek to introduce consumer protection concepts from the traditional card payment industry to any blockchain with support for distinct smart contracts such as Cardano (ADA), Solana, or Ethereum

Furthermore, HIPS Merchant blockchain is the native blockchain for Merchant Coin (MEO), and HMP that are optimized for real-time Merchant transactions. MEO and HMP are developed for electronic fund transfer devices and payment service providers (PSP) with complete support for backward-compatible financial protocols such as ISO8583 which enables cryptocurrency payments in standard terminal messages utilizing card scheme infrastructures and existing terminals for crypto payments on HIPS Merchant blockchain. 

According to the whitepaper, Merchant Token and Merchant Protocol act as a true enabler and missing piece for mainstream global mass adoption of crypto payments from the perspective of the consumers. MTO introduces the automatic dispute management (ADM) concept and community dispute management (CDM). Community dispute management system (CDM) seeks to allow token holders to enhance token holdings. 

The MTO is a base currency in the systems and concepts of ADM and CDM. The contract and dispute fees are paid in the form of Merchant Token. Moreover, traders can seek to earn and stake dividends from the fees paid for disputes and contracts by holding the tokens. Similarly, the automatic dispute management (ADM) concept assists in resolving the disputes related to the transactions on the blockchain. 

History of Merchant Token (MTO)

The Merchant Protocol was introduced in June 2020 and was launched privately by the HIPS Payment Group. In November 2020, the first Merchant Contract was made available in the Ethereum blockchain. The team behind Merchant Token (MTO) is made up of three main individuals— John Cavebring (CEO), Emil Lumdvall (CFO), and Axel Arvidsson (COO). 

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FAQ

What is the current price of Merchant Token?

We update our Merchant Token to USD currency in real-time. Get the live price of Merchant Token on Coinbase.

What is the market cap of Merchant Token?

The current market cap of Merchant Token is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Merchant Token?

The all-time high of Merchant Token is $16.90. This all-time high is highest price paid for Merchant Token since it was launched.

What is the 24 hour trading volume of Merchant Token?

Over the last 24 hours, the trading volume of Merchant Token is $1.38K.

What other assets are similar to Merchant Token?

Assets that have a similar market cap to Merchant Token include O5O, WhaleGirl, VentiSwap Token, and many others. To see a full list, see our comparable market cap assets.

How many Merchant Token are there?

The current circulating supply of Merchant Token is 0.

Can I buy Merchant Token on Coinbase?

Yes, Merchant Token is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Merchant Token guide.