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Table Of Contents
Originally launched in 2020 as AnySwap, a rebranding occurred in late 2021 to Multichain (MULTI). Since launch, Multichain has grown in to one of the most popular solutions for facilitating both asset trading, and cross-chain swaps. The company calls itself a ‘cross-chain router protocol (CRP) for Web3'.
These capabilities are made possible through leveraging processes such as key-sharding, distributed key generation, distributed transactions signatures, and more. All of which are provided to Multichain by FusionChain.
Underpinning the Multichain platform is its governance token, known as ‘MULTI'. This token has a fixed supply of 100 million, and provides its holders with the following perks.
- Voting rights for node elections
- Voting rights for supported chain expansion
- Voting rights for rule changes
Those that choose to act as liquidity providers, locking up their Multi tokens in the process, are rewarded with a proportional percentage of fees collected from token swaps completed through the platform.
Simply put, Multichain allows for users to transact in a truly peer-to-peer fashion, eliminating the need entirely for a centralized facilitator. This ability has allowed for it to become one of the more recognized decentralized exchanges, and captured the attention of various large investors.
To learn more, make sure to visit out Investing in Multichain (MULTI) guide.
How to Buy Multichain (MULTI) 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 Multichain (MULTI) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Multichain – Use your funds to Buy MULTI.
We list the top 4 exchanges that offer the ability to buy Multichain (MULTI) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets including Multichain (MULTI). For more sophisticated investors Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommend exchange for USA residents. (Excluding New York & Washington state)
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Multichain (MULTI) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market moving news.
This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.
Use Discount Code: EE59L0QP for 10% cashback off all trading fees.
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 Multichain (MULTI), 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.
4. Huobi Global
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 Multichain (MULTI) trading opportunities.
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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