Metal X is your all-in-one financial hub on the Metallicus Digital Banking Network. Execute onchain market, limit, and perpetual trades, access lending, borrowing, and liquidity pools—all with self-custody. With a native fiat onramp and onchain identity, you’ll always trade in a compliant environment with verified parties.

Step 1: Download WebAuth

You can download the WebAuth Wallet from the Apple App Store or Google Play Store. A browser-based version is also available at WebAuth.com.

Step 2: Create your WebAuth account

To create your WebAuth account, select 'Sign Up' or add an existing account using your seed phrase or private key. 

Choose a 4-12 character name, backup your 12-word seed phrase securely, and enter a valid email for 2FA. Check your email for the 6-digit code to complete the account creation.

View the full steps on how to create your WebAuth Account here.

Step 3: Verify your identity

To comply with regulations, you must verify your identity using a government-issued ID and your Social Security Number (for US residents). This process is similar to what your bank would require. 

View the full steps on how to verify your identity here.

Step 4: Deposit assets

Metal Dollar (XMD) is the primary stablecoin on the Metal X platform, used for trading against available assets on the Metal X exchange. 

To buy Loan Protocol on Metal X, deposit a supported stablecoin from the basket, USDC, PAX, or PYUSD into your WebAuth Wallet. After depositing, you can mint Metal Dollar. 

View the full steps on how to deposit assets to WebAuth here.

Step 5: Mint Metal Dollar

Metal Dollar is the primary stablecoin on the Metal X platform. It is backed by a basket of established, non-algorithmic bank reserve-backed stablecoins, including USDC, PAX and PYUSD.

Mint and redeem Metal Dollar easily on the Metal X App by clicking on the mint banner at the base of the Metal X platform , connecting your wallet, selecting collateral, and confirming the transaction with your WebAuth device.

View the full steps on how to mint Metal Dollar here.

Step 6: Buy Loan Protocol

Now that you have Metal Dollar (XMD), you’re able to trade it for Loan Protocol. 

To buy Loan Protocol on the Metal X exchange, connect your WebAuth Wallet and select the LOAN/XMD pair.

To place a buy Limit order, which is the default order selection, enter the amount of ‘LOAN’ you want to buy, and the target price of ‘XMD’. 

The Total section will show how much of 'XMD' will be sold once the target price is reached. Click "Buy LOAN" and authorize the transaction from your WebAuth Wallet.

View the full steps on how to place a limit order on Metal X here.

Visit the helpdesk for more Metal X guides here.