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View ChartMagnetGold (MTG) is a decentralised 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 positions itself as the world's first digital asset created to promote global development and prosperity through the use of blockchain technology. The token is marketed as the "best cryptocurrency in India" and is designed to provide a decentralised platform for gold-backed digital assets. MagnetGold was launched on Oct. 22, 2021, and 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, and its market capitalisation has been listed at $0.00, while its fully diluted market capitalisation has been cited at approximately $12.61 million. The coin is currently considered inactive by some trackers, and its price has retreated dramatically from historical highs.
The official website states that MTG has a large and strong experienced management, technical, and marketing team, and references "MagnetGold. Powering the Purpose of MTG Network." However, no individual founder or team member names are provided in the available materials. Detailed public information about the specific identities of the project's leadership is currently limited. Investors seeking greater transparency may need to conduct independent research or contact the project directly through its official channels.
MagnetGold operates as a BEP-20 token on the Binance Smart Chain, leveraging blockchain technology to function as a decentralised cryptocurrency. The project is designed to provide a decentralised platform for gold-backed digital assets, according to CoinPaprika. The token's holding mechanism includes a dividend feature described on the official website, where 4% of all transaction amounts received from the selling of tokens are allocated to a currency holding dividend mechanism. Additionally, the project states that no wallet holds more than 1% of the token supply, which is intended to promote broad distribution and reduce concentration risk. The token can be traded on various platforms with pairs such as MTG/INR and MTG/USDT.
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 emphasises 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.
MagnetGold is used as a decentralised 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 tokenised 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, though specific utility applications beyond trading and holding are not extensively detailed in available public materials.
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, and the token has been referenced on platforms such as Bybit, Binance, Coinbase, Crypto.com, Bitget, Coinsbit, and KoinBX. 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, and its market ranking has been listed as #6051 by Bitget and #20275 by Crypto.com. The project's fully diluted market capitalisation remains modest, and its market value is noted as not widely recognised. Development activity, partnerships, or roadmap milestones beyond the initial launch and exchange listings are not extensively documented in the available materials.
MagnetGold is a BEP-20 token on the Binance Smart Chain, which operates on a proof-of-stake authority consensus mechanism rather than a traditional proof-of-work mining model. As such, MTG cannot be mined through computational power in the way Bitcoin or other proof-of-work cryptocurrencies can. LiveCoinWatch lists the token type as "Token" with mining-related fields such as Proof, Hash, and Mineable left blank, confirming that mining is not applicable. Instead, users can acquire MTG through exchange purchases or potentially through staking and holding mechanisms if offered by the project. The project's holding dividend mechanism, which allocates 4% of selling transaction amounts, may provide a form of passive reward for holders, though specific staking programs are not detailed in the available references.
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. Users should always verify the official contract address (0x68d10dfe87a838d63bbef6c9a0d0b44beb799dc1) before interacting with any token. 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.
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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.
As of right now, the live price of MagnetGold (MTG) is ₹1.560515. 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 ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹42.540716Cr. Its current circulating supply stands at -- out of a maximum supply cap of 70Cr.
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 RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (70Cr), 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.
Looking at its historical price performance, MagnetGold (MTG) hit an all-time high (ATH) of ₹9,401.368462 on 2026-04-26 05:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.030153 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.
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 (₹0), as price breakouts accompanied by strong volume offer higher reliability.
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.
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.
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: ₹1.560515), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for MTGUSDT with zero financial risk.
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 (₹1.560515) 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.
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