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Table Of Contents
Maple describes itself as, ‘…an institutional capital marketplace powered by blockchain technology'. The flagship product of the Maple ecosystem are its undercollateralized-loans for institutional borrowers.
Throughout 2021, companies like Maple – which offer undercollateralized loans – became wildly popular as Decentralized Finance (DeFi) began to go mainstream, as the structuring of its platform means that both borrowers and lenders alike can benefit. Maple indicates that, while borrowers gain access to transparent and efficient financing, lenders benefit from a sustainable yield source.
Throughout the Maple ecosystem, tokens known as ‘MPL' are utilized. Built atop the Ethereum network as ERC-20 tokens, MPL can be used in a variety of manner.
- Lending pool staking
- Governance decisions
- Fee revenues
MPL tokens which are staked in liquidity pools are watched over by Pool Delegates. A single delegate manages each pool, where it is responsible for a variety of tasks (negotiating loan terms, liquidations, due diligence, etc.)
Maple saw its main-net launch in May of 2021, providing a foundation for its goal of building a ‘decentralized corporate credit market'.
To learn more, make sure to check out our Investing in Maple guide
How to Buy Maple (MPL) in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Maple (MPL) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Maple – Use your funds to Buy MPL.
We list the top 3 exchanges that offer the ability to buy Maple (MPL) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Maple (MPL), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents.
Huobi Global is one of the top exchanges that currently offers Maple (MPL) trading opportunities.
Founded in 2011, Bitstamp is one of the oldest & most trusted exchanges in the world and are a popular choice in the USA. The exchange now has more than 4 million users worldwide and offers a wide range of cryptocurrencies to choose from including Maple (MPL).
A highly experienced exchange, Bitstamp provides a thorough and user-friendly trading environment that is secure and with enough choice to satisfy most traders. The global nature of the company and the trusted regulation and licensing put in place is also a positive aspect for many new or experienced users.
They currently accept Canada, UK & USA residents excluding the states of Alabama, Hawaii, Idaho, Louisiana, Nevada, & New Jersey.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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