Metal Backed Money is one of the fastest rising coin in the cryptocurrency market and has been on surge lately.
For those that lost out when Bitcoin, Ethereum, Dogecoin all had a quick run up, will want to learn more about the token and study the reviews. On this article, we will review Metal Backed Money by listing the pros and cons.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
About Metal Backed Money
What is Metal Backed Money?
MBMX Metal Backed Money is a decentralized digital asset that’s backed by physical Gold and Platinum.
Build financial wealth safely and with certainty while helping millions of people to shape their financial future.
Metal Backed Money Supply
There is no data about the supply.
Pros and Cons of Metal Backed Money
Pros of Metal Backed Money
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of Metal Backed Money
- The coin is still under research and developments
- Multiple issues with its synchronizations between ledgers
- Unavailability of project whitepaper
- Not listed on exchanges
- No Github profile
- They have no reddit acount
- No Bitcointalk thread created
- No traceable features on tradingview
Is Metal Backed Money Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Metal Backed Money have a very weak back up for the token they produce. Their public profiles are vague therefore making it difficult to determine their level of transparency.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Metal Backed Money on the comment section below. Don’t forget to rate and leave a review.