Last update: Jun 6, 2022

How to Buy Merit Circle (MC)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Merit Circle. Depending on your country, you’ll have various cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Merit circle

How to Buy Merit Circle – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Merit Circle of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy Merit Circle

Now that you have what you need to buy Merit Circle, head over to the market or buy section of the cryptocurrency exchange and buy some MC.

If the crypto exchange doesn’t have any Merit Circle on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Merit Circle first), and trade your Ethereum for Merit Circle.

Where to Buy Merit Circle (MC)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Merit Circle

  1. Sign into the crypto exchange where you bought Merit Circle.
  2. Move your Merit Circle to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Merit Circle.

 

Crypto trading

How to Buy Merit Circle (MC) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Merit Circle in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Merit Circle if it’s available. If the exchange doesn’t have Merit Circle. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Merit Circle), and trade your ETH for Merit Circle.

It’s also possible to take a look at our analysis of the top rated Australian crypto exchanges for those looking to learn more about which exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Merit Circle (MC) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Merit Circle in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Merit Circle if it’s available. If the exchange doesn’t have Merit Circle. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Merit Circle), and trade your ETH for Merit Circle.

Alternatively, if you want to know more about the exchanges we prefer, read our comparison of the Canadian crypto exchange reviews.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Merit Circle (MC) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Merit Circle in the UK, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Merit Circle if it’s available. If the exchange doesn’t have Merit Circle. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Merit Circle), and trade your ETH for Merit Circle.

You can also take a look at our analysis of the cryptocurrency brokers in the UK for those curious to know more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Merit Circle? MC Rundown

Merit Circle ( DAO ), is a decentralized autonomous organisation ( DAO ), that focuses on the development of the play-to earn (P2E). This project aims to bring a new age of gaming to gamers. Instead of treating them as a hobby, they can earn money playing the games they love. Although the project was launched on November 4, 2021, it has been in progress since July 2021. It is young, but it has an impressive community with more than 64,800 Twitter followers.

Merit Circle supports Axie Infinity, the most loved monster-battling play to-earn game with the highest traded volume. While its scholars play-to-earn, they are learning new skills that will soon prove to be highly sought after by employers who are slowly but surely expanding their reach into the crypto-metaverse.

The DAO is currently working with Illuvium and Star Atlas to support their projects. Star Atlas was, in fact, described as the most ambitious and ambitious blockchain game. Illuvium seems to be an upcoming survival game. Hash Rush, on the other hand, is an online scifi/fantasy RTS that takes place in an alien world. Players must build, fight and trade their way through survival and victory.

Although Merit Circle's concept isn't new, it is a well-known DAO that aims to maximize value accrual in different metaverse games. Its platform combines capital, expertise, and players. This platform represents investors, platform managers, and gamers.

For some gamers, the potential returns the project can bring will make it possible to generate potentially life-changing income. The project has been valued by the players, as well as the scholarship program. There are over 500 scholars playing Axie Infinity.

Already, significant revenues are flowing into Circle of Merit. This is good news for the DAO as well as players, liquidity providers, and the DAO itself. There are more to come, particularly since Merit Circle DAO is now focusing on new opportunities in the metaverse.

Merit Circle also boasts a impressive list of partners such as DeFiance Capital and Spartan Group. These industry leaders, along with others, have praised Merit Circle's ability to build a scalable operational model that can grow, onboard and sustain new members. Arthur, from DeFiance Capital, stated that Merit Circle is "one of the top guilds that will kingmakers" in this land.

The company raised $4.5 million through the support of all its partners and angel investors.

According to Merit Circle's medium post the project was audited and certified by Quantstamp, one of the most respected security assessment firms in industry. Quantstamp evaluated the entire project and found 12 issues. After the problems were fixed, several senior developers analyzed the code. The project also held a bug bounty that allowed the community to go through its code and find any additional issues that might have missed the standard checks.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.