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Buy Metaplex (MPLX)

MPLX

24H Change
24H Volume
Global Rank
#288
Market Cap

Metaplex Price

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About Metaplex (MPLX)

Metaplex (MPLX) is a decentralised protocol built on the Solana blockchain to support creators and developers in the NFT ecosystem, offering user-friendly tools and SDKs to streamline project development.

Launched in June 2021, Metaplex has become a foundational infrastructure for NFTs on Solana, assisting the minting, managing and trading of digital assets.

The MPLX token is used for voting on project proposals through the Metaplex DAO, where holders can vote on protocol upgrades, fee structures, resource allocation and more. 50% of all protocol fees are converted into MPLX and added to the DAO treasury, ensuring community-driven resource management.

Moreover, the token can be staked to earn rewards and contribute to network security. Holding or staking MPLX may also provide discounts on minting and trading fees on Metaplex-powered platforms.

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How to Buy Metaplex (MPLX) in Australia

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Metaplex FAQs

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Where is the best place to buy Metaplex?

The best place to buy Metaplex is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Metaplex 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 Metaplex determined?

The price of Metaplex is determined by the forces of supply and demand in the market. Similar to other assets, the price of Metaplex 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 Metaplex are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Metaplex with credit card?

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

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

MPLX Buys and Sells

By number of orders

66% Buy
66%
Buys
34%
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.