Magic Internet Money (MIM) is an interest-bearing stable coin backed by tokens that accumulate volume as users pay back interest on portions they borrowed from the lending pool. The Abracadabra platform stores collateral tokens in your account, giving you the opportunity to borrow without having to use fiat money. Instead of letting banks decide, this project gives individuals control over their lending rates and rewards them with MIM tokens for their participation.
Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.
Because stablecoins are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
Provide some basic details about yourself to get verified. This process usually takes less than 5 minutes!
Connect your bank account or utilize Interac e-Transfers to add or withdraw funds seamlessly.
You can start buying and selling crypto quickly and easily right away on your phone or on web browser.