MagnetGold

MagnetGold PriceMTG

CA$0.023639
-CA$0.001768-6.96%

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MagnetGold Price Today

Current MTG/CAD real-time price is CA$0.023639, with a 24-hour change rate of -6.96% and a 7-day change rate of +0.02%. MTG currently ranks #5761 globally by market cap, with a total market cap of CA$6.413053M, a fully diluted valuation (FDV) of CA$16.467437M, and a 24-hour trading volume of CA$0. In terms of supply, MTG has a maximum supply of 700M, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About MagnetGold

What is MagnetGold (MTG)?

MagnetGold (MTG) is a decentralized cryptocurrency that runs on the Binance Smart Chain, one of the world's largest blockchain platforms, as a BEP-20 token. According to its official materials, the project markets itself as one of the first digital assets aimed at promoting global development through blockchain technology — a marketing claim that is not independently verifiable. The token is marketed as the "best cryptocurrency in India" and is designed to provide a decentralized platform for gold-backed digital assets. MagnetGold's launch date is listed as 2021-08-25 in the CoinMarketCap registry, while CoinPaprika and other trackers list 2021-10-22; CoinMarketCap records its listing date as 2021-10-22. The token has a total supply of 700,000,000 MTG, which is also its maximum supply. The project's circulating supply has been reported as zero by some data sources. Market data for MTG is currently sparse, and the token is flagged as inactive by some trackers; its price remains highly volatile.

Key Specifications & Tokenomics

  • Name: MagnetGold
  • Ticker / Symbol: MTG
  • Blockchain / Platform: Binance Smart Chain (BEP-20) / BNB Smart Chain (BEP20)
  • Contract Address (BNB Smart Chain / BEP20): 0x68d10dfe87a838d63bbef6c9a0d0b44beb799dc1
  • Contract migration: the previous contract 0x323273b8ee5ae6247b47c38c81db45e1bef13e6f has been replaced by the current address above, per the official announcement at mtggold.com/announcement.html.
  • Block Explorer: https://bscscan.com/token/0x68d10dfe87a838d63bbef6c9a0d0b44beb799dc1
  • Category / Tags: BNB Chain Ecosystem
  • Total Supply: 700,000,000 MTG
  • Max Supply: 700,000,000 MTG
  • Circulating Supply: 0 MTG
  • Liquidity allocation: the project states that 30% of all business profit from the MTG Fund will be used for liquidity.
  • Launch Date: 2021-10-22
  • Trading Pairs: MTG/INR, MTG/USDT
  • Official Website: https://www.mtggold.com/
  • Whitepaper: https://mtggold.com/images/MTGGOLD-WHITEPAPER.pdf

Who created MagnetGold?

The official site states that "MTG Have Large and Strong Experienced Management, Technical and Marketing Team", but it does not name any founder or team member. Prospective holders should treat the absence of named leadership as a transparency gap and weigh it before investing.

How does MagnetGold work?

MagnetGold operates as a BEP-20 token on the Binance Smart Chain, leveraging blockchain technology to function as a decentralized cryptocurrency. The project is designed to provide a decentralized platform for gold-backed digital assets, according to CoinPaprika. According to the project's official materials, 4% of the amounts received from token sales are allocated to a holding dividend mechanism. This is a project-stated feature, not an audited or guaranteed yield: payouts depend on actual trading volume, and with reported 24-hour volume near zero, holders may receive little or nothing. The project's official materials describe a "Whale Shock Safety" feature claiming that no wallet holds more than 1% of the token supply; this is a project claim that has not been independently verified. The token can be traded on various platforms with pairs such as MTG/INR and MTG/USDT.

What makes MagnetGold unique and valuable?

MagnetGold distinguishes itself through its stated mission to promote global development and prosperity using blockchain technology, positioning itself as a digital asset with a social purpose. Its gold-backed digital asset orientation, as noted by CoinPaprika, suggests a focus on asset-backed value within the cryptocurrency space. The project also emphasizes its deployment on the Binance Smart Chain, which offers low transaction fees and fast confirmation times compared to some other networks. Furthermore, the token distribution model, which claims that no wallet holds more than 1% of the total supply, is presented as a mechanism to encourage wider community ownership. The project has been marketed specifically as a leading cryptocurrency in India, targeting a growing regional market for digital assets. CoinPaprika assigns MTG a Trust Score of "Partial 1/5", and the token has fallen sharply from its October 2022 all-time high of $1.2283. Crypto-asset prices are highly volatile, liquidity is thin, and holders may lose their entire capital.

What is MagnetGold used for?

MagnetGold is used as a decentralized digital currency on the Binance Smart Chain. It functions as a tradable token with active pairs including MTG/INR and MTG/USDT, allowing users to exchange it for fiat currency and stablecoins. The project is designed to support gold-backed digital assets, suggesting potential use cases related to tokenized gold. Holders may also benefit from the currency holding dividend mechanism described by the project, which allocates a portion of selling transaction amounts to existing holders. Additionally, the token serves as a vehicle for the project's broader mission of promoting global development and prosperity through blockchain technology. The official site directs buyers to PancakeSwap, and the project also references Koin Bazar and Bitbse Exchange; CoinPaprika tracks two markets, KoinBX MTG/USDT (spot) and PancakeSwap V2 on BSC.

How Is the MagnetGold ecosystem developing?

The MagnetGold ecosystem is built on the Binance Smart Chain and has been listed on several cryptocurrency data platforms and exchanges. Trading pairs include MTG/INR and MTG/USDT. MTG is tracked by data platforms including CoinMarketCap, CoinGecko, CoinPaprika, Crypto.com, Binance, Bybit and CryptoRank. CoinPaprika tracks two markets: KoinBX MTG/USDT (spot) and PancakeSwap V2 on BSC, and the official site also points to Koin Bazar and Bitbse Exchange. The project maintains a presence on social media, including Twitter and Facebook, where it describes itself as the latest crypto coin developed with advanced technology. However, market data indicates that the coin is considered inactive by CoinLore. Rankings differ widely across trackers — CoinMarketCap, CoinPaprika and Crypto.com each list MTG at a different position — which reflects its very thin trading activity rather than a stable market position. The official site lists seven stated focus areas — startup funding, green energy, organic agriculture, e-commerce merchant support, crypto education, real estate, and building a crypto exchange — but does not publish a dated roadmap or named partners.

How to mine MagnetGold?

MTG is a BEP-20 token issued on BNB Smart Chain; it is not a mineable coin, so there is no proof-of-work mining process. New MTG can only be obtained by buying it on a decentralized exchange such as PancakeSwap or on a listed venue, or by receiving it through the project's holding dividend mechanism.

How to keep your MagnetGold Coin safe?

To keep MagnetGold (MTG) tokens safe, users should store them in a secure wallet that supports BEP-20 tokens on the Binance Smart Chain. Options include hardware wallets for cold storage, which keep private keys offline and protected from online threats, as well as reputable software wallets and browser extension wallets that support BNB Smart Chain assets. Because MTG is a BEP-20 token, it can be held in wallets such as MetaMask, Trust Wallet, or other compatible wallets by adding the token contract address. The project has migrated its contract: the old address 0x323273b8ee5ae6247b47c38c81db45e1bef13e6f was replaced by 0x68d10dfe87a838d63bbef6c9a0d0b44beb799dc1, per the official announcement at mtggold.com/announcement.html. Always confirm you are using the current contract. It is also advisable to enable two-factor authentication on exchange accounts, use strong unique passwords, and be cautious of phishing attempts and fake tokens. Given the high volatility and risk associated with MTG, investors should only invest what they can afford to lose and conduct thorough research before making any transactions.

How to Buy and Use MagnetGold

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsMagnetGold is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose MagnetGold products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for MTG are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

MagnetGold FAQs

What is the live price, market cap, and 24h volume of MagnetGold (MTG)?

As of right now, the live price of MagnetGold (MTG) is CA$0.023639. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MTG to USD rate at the top of BTCC’s price page. In terms of market scope, MagnetGold records a 24h trading volume of CA$0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of CA$6.413053M. Its current circulating supply stands at -- out of a maximum supply cap of 700M.

Why does the price of MagnetGold (MTG) fluctuate, and what drives its volatility?

The price volatility of MagnetGold (MTG) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (700M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for MagnetGold (MTG)?

Looking at its historical price performance, MagnetGold (MTG) hit an all-time high (ATH) of CA$142.095509 on 2026-04-26 05:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at CA$0.000456 on 2026-04-13 14:45. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the MagnetGold (MTG) price chart for futures trading?

When trading MTG futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (CA$0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from MagnetGold (MTG) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s MTGUSDT perpetual contracts support two-way trading. If you anticipate a price decline for MagnetGold, simply log into your BTCC account with USDT margin available, navigate to the MTGUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade MagnetGold (MTG) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for MTGUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise MagnetGold (MTG) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: CA$0.023639), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MTGUSDT with zero financial risk.

Step-by-step guide: How to buy and trade MagnetGold (MTG) on BTCC?

Trading MagnetGold (MTG) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MTGUSDT, and review its live price (CA$0.023639) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.