3 “Best” Exchanges to Buy Merit Circle MC (May 2023)

Launched in Q4 of 2021, Merit Circle is a self-described ‘decentralized autonomous organization focused on developing the play-to-earn economy'.

This development is geared primarily around games which populate the rapidly growing metaverse – including the popular ‘Axie Infinity‘.  Merit Circle indicates that it will soon launch support for various other play-to-earn games, including,

• Star Atlas
• Illuvium
• Hash Rush

Powering the Merit Circle DAO is its native token – MC.  This token is structured to both incentivize and reward its holders.  Merit Circle lists the following points as the MC tokens top utility.

• Governance
• Play-to-Earn Index
• Staking

Simply put, the Merit Circle DAO operates as a focal point comprised of a subDAO associated with each game it supports.  The main DAO generates combined profits from each of of its subDAOs, building its treasury and value of MC tokens along the way.

Notably, Merit Circle was able to raise not only $4.5M in seed funding, but a staggering $105M through its initial distribution of MC tokens through Copperlaunch.

We list the top 3 exchanges that offer the ability to buy Merit Circle (MC) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

1. Kraken

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 Merit Circle (MC). 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)

Read our Kraken Review or visit Kraken.

2. Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Merit Circle (MC) 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 residents are prohibited.

USA residents are prohibited from purchasing Merit Circle (MC).

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

3. Gate.io

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 Merit Circle (MC), 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.

Read our Gate.io Review or visit Gate.io