What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Buy Merlin Chain (MERL)

MERL

24H Change

24H Volume

Global Rank

#689

Market Cap

Buy MERL in minutes

1 MERL = $0

Buy MERL

Merlin Chain Price

About Merlin Chain (MERL)

Merlin Chain is a Layer 2 solution launched in January 2024, built on the Bitcoin blockchain to address scalability challenges and enhance functionality.

Merlin Chain uses zero-knowledge rollups (zk-rollups) to batch multiple transaction proofs, significantly reducing network congestion and improving scalability. Its decentralised oracle network provides access to external data sources, enabling the execution of smart contracts.

Merlin Chain integrates seamlessly with Ethereum-based projects thanks to its EVM compatibility while offering boundless transaction capacity, addressing Bitcoin’s scalability limitations more effectively.

The MERL token powers the Merlin Chain ecosystem. It’s used to pay transaction fees on prospective Layer 3 networks and allows token holders to delegate to collators or operate their own by staking. It also functions as native liquidity and collateral within the ecosystem, supporting its overall operations and growth.

All token holders can vote on key platform proposals and stake MERL to enhance network security while earning rewards.

Resources

merlinchain.io

@MerlinLayer2

How to Buy Merlin Chain (MERL) in Australia

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Merlin Chain FAQs

Merlin Chain FAQs
Swyftx FAQs

Where is the best place to buy Merlin Chain?

The best place to buy Merlin Chain is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Merlin Chain and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Merlin Chain determined?

The price of Merlin Chain is determined by the forces of supply and demand in the market. Similar to other assets, the price of Merlin Chain is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Merlin Chain are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Merlin Chain with credit card?

Swyftx does not allow you to directly buy Merlin Chain with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Merlin Chain instantly.

Top Traded Assets on Swyftx

By number of orders

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0.0% Buy

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0.0% Buy

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0.0% Buy

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0.0% Buy

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0.0% Buy

Period: Last 24 hours (AUD)

MERL Buys and Sells

By number of orders

75%
Buys

25%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.