Buy 88mph with a credit card
You can buy MPH for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at 88mph price dynamics and history, get some answers to your questions, and find some useful links to read more about what is MPH.
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88mph live price chart
MPH price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
What is 88mph?
88mph is a decentralized finance (DeFi) protocol that allows users to earn fixed interest rates on their crypto assets by lending them out. The project launched in late 2020, founded by a team of anonymous developers aiming to bring more predictability to DeFi by offering stable returns on crypto deposits. Unlike other protocols where interest rates fluctuate, 88mph provides users with a fixed rate, making it attractive for long-term investors looking for stable returns.
The MPH token is the native governance token of the 88mph platform. Its primary purpose is to allow holders to participate in governance decisions, stake tokens for rewards, and earn a share of the platform's fees. MPH operates on the Ethereum blockchain, utilizing the ERC-20 token standard. The total supply of MPH is capped at 1 million tokens, which adds a degree of scarcity.
Key features of the MPH token include:
- Governance: MPH holders vote on platform upgrades, changes, and protocol adjustments.
- Staking: Users can stake their MPH tokens to earn additional rewards.
- Fixed Interest: MPH tokens are integral to the protocol’s ability to offer fixed-rate yield on deposits.
- Deflationary Supply: Token burn mechanisms reduce the circulating supply over time, potentially increasing its value.
- Liquidity Incentives: MPH tokens are distributed to users who provide liquidity to the 88mph protocol.
The average fees on the MPH Network
The gas fees on the Ethereum blockchain, where the 88mph protocol operates, can vary. As of the latest data, the average gas fee for transactions involving MPH ranges between 0.001 to 0.01 ETH, depending on network congestion. Given that the current ETH price fluctuates, this can equate to a fee of approximately $1 to $10 USD per transaction.
The current MPH price is around $1.50 USD. While transaction fees on the Ethereum network can be higher compared to other blockchains, the long-term value of using a protocol that offers fixed interest rates can offset these costs, especially for high-value deposits.
MPH token wallets
To store MPH tokens securely, users have several wallet options:
- MetaMask: A widely used browser wallet that easily integrates with decentralized applications like 88mph.
- Ledger Nano S/X: A hardware wallet offering robust security for storing MPH tokens offline.
- Trust Wallet: A mobile wallet that supports Ethereum-based tokens, including MPH, and provides a user-friendly experience.
- MyEtherWallet (MEW): A web-based wallet where users can store MPH and other ERC-20 tokens.
- Coinbase Wallet: Another popular mobile and browser wallet with support for Ethereum tokens, ideal for managing your MPH assets.
Where to buy 88mph
You can buy MPH online across a number of well-known cryptocurrency exchanges. However, the cheapest way to buy 88mph is through SwapSpace, which offers competitive rates and supports various payment methods like debit cards, credit cards, and fiat currency via platforms like Apple Pay and Google Pay. SwapSpace makes it easy for users to invest in 88mph without facing high transaction fees or complex processes.
How to buy MPH with credit card
Buying MPH instantly on SwapSpace is a straightforward and fast process. Here’s how to buy MPH with a credit card in 5 simple steps:
- Select MPH: On the SwapSpace homepage, choose MPH as the token you want to buy.
- Choose payment method: Select your fiat currency (e.g., USD) and choose a payment method like a credit card, debit card, or Apple Pay.
- Enter wallet address: Provide your wallet address to receive your MPH tokens.
- Review transaction: Check the exchange rate and fees, then confirm the transaction.
- Complete payment: Finalize the purchase, and your MPH tokens will be sent to your wallet instantly.
What can I do with 88mph after purchase?
Once you buy MPH crypto, you can explore several options to maximize its potential:
- Stake MPH: Earn staking rewards by locking your tokens in the protocol.
- Participate in governance: Vote on key proposals and help shape the future of the 88mph platform.
- Lend for fixed interest: Deposit crypto assets into the 88mph protocol to earn stable, predictable interest rates.
- Provide liquidity: Add liquidity to the platform’s pools and earn incentives in the form of MPH tokens.
- Hold for appreciation: Given the token’s deflationary mechanisms, holding MPH could lead to long-term gains as the supply diminishes.
How to buy MPH on SwapSpace
On this page, we put USD in the “You send” and MPH in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination 88mph address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.
