How and Where to Buy MiraQle (MQL) – Detailed Guide
- What is MQL?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade MQL
- Last Step: Store MQL securely in hardware wallets
- Other useful tools for trading MQL
- Frequently Asked Questions
- Latest News for MQL
- MQL Price Prediction and Price Movement
What is MQL?
Description MSQPLUS PTE., LTD ('MSQ PLUS') is comprised of a collection of innovative pan-entertainment platforms that together construct a synergistic ecosystem. MiraQle aims to decentralize the entertainment sphere, particularly the music industry to bring fans' true demands to the core of the production process. Each platform provided by MiraQle is tailored to address the four core pillars of the music industry: Planning, Production, Distribution, and Consumption.
Be the Change.
No more Secrets.
One United Currency.
Mission and Vision Vision: To establish a global network of decentralized, content creator and fan-driven pan entertainment platforms. "Mission": To transform the corporate-driven global music industry to a new dimension and bring fans to the core of the music industry.
Founders CEO Ross Lee studied Business Management at Seoul National University. Ross witnessed the paradigm shift in the music industry during his early career in iRiver as advanced technology disrupted the traditional music business. With successful performances acknowledged from iRiver, he then joined POSCO and Nature Republic international business division continuing to passionately contribute in implementing innovative strategies adaptation. Through his numerous experiences, he became a passionate advocate of implementing innovative technology and tirelessly looked for ways to connect the dots to create a unified universe.
CTO Min Jang was awarded a Ph.D. in Computer Science in POSTECH, one of the elite engineering colleges in Korea, and is one of the best experts not only in blockchain technology but also in modern computer science such as AI machine learning and data mining. He has contributed his knowledge in major projects such as Seoul National University New Technology Joint Research Center, LG Electronics, and Hancom Group. His expertise in building a blockchain ecosystem has allowed the MiraQle project to be developed into a stable and reliable ecosystem. Currently, he is serving as an adjunct professor in the Department of Value Creation & Convergence, an Operating Committee of the Blockchain Advanced Management Program, and Chairman of the APGC Blockchain Division.
CMO David Om studied International Relations and Affairs at Korea University and debuted his career as a founder of F&I Institute which was a huge success. With his expertise in coordination and consulting, David then joined Dong-A Pharmaceutical as a Regional Manager of India acquiring and managing numerous new trade partners. David later advanced his career as the Co-founder and Marketing Consultor at Pixel Punch and Business Development Manager in Nature Republic where he first met Ross Lee. Both shared the same vision and became the core role in MiraQle by leading an exceptional team specialized in marketing, legal and international affairs.
Partnership Tencent Music Entertainment-isMedia-VERS-BASIC-Korean Entertainment Producers Association (KEPA)-Orange Entertainment-7SIX9 Entertainment
Revenue Model With MQL, fans can use them in a variety of services, from participating in the album production stage to purchasing artist goods. Through the establishment of the global music market ecosystem, the MiraQle Project can generate revenues not only from global collaboration album sales, but also through streaming rates, and used MQL within this ecosystem will be burned. Collaboration albums between Chinese and Western industry-leading artists can be endlessly reproduced into derivative products such as concerts and goods that will be distributed worldwide. In addition, NFT products with high quality will be produced and are purchasable through MQL in various marketplaces. In addition, MiraQle is developing a new business model through participation in staking and funding of these NFT artworks.
Product/Service Line Description
FanPick FanPick is a voting application that allows global fans to directly be involved in the production process in creating a collaboration album through various methods. Users can receive MQL when voting FanPick’s recommendations of preselected project listings. Users can also spend MQL on UGC (user-generated content) by creating their own desired album projects ranging from selecting the album genre to artists’ outfits in the music video and voting. The collaboration artists and album concept with the highest votes will be nominated as the next featuring artists for the DreamX Project. In addition, fans will vote using MQL for a selection of artists’ IP NFT products created by VERS and the product with the highest votes will be given to the voter who spent the most MQL. All these processes are transparent and non-distorted through blockchain technology.
DreamX This project, in collaboration with Tencent Music Entertainment and 7SIX9 Entertainment, initiated in 2019 as a collaboration of Michael Jacksons’ tribute album, “Let’s Shut Up & Dance” featuring Jason Derulo, Lay of EXO, and NCT 127 and released its 1st official collaboration album “Season For Love” in February 2021 featuring Silence Wang and Lenka. This album was later remade in the Chinese version by Shuang Sheng in May 2021. 7SIX9 Entertainment begins its album and music video production with experienced producers and professionals after the global collaboration lineup is finalized from FanPick. A strategic partnership with VERS, a new media company that specializes in NFT artwork creation, will add value to attract more global fans to purchase exclusive artists’ NFT merchandise and aesthetic goods.
NFT (Non-Fungible Token) MiraQle is creating exclusive NFT contents using DreamX Artists’ IP (Intellectual Property) along with various creative media art technologies. NFT products include DreamX albums, artists and MV clips/images, and cross-culture artworks. MiraQle is in development on exclusive entertainment NFT proprietary filter module app & web, NFT Marketplace (AR, VR), and collateral security for financial derivatives.
EnterPlus After collaboration albums are complete, numerous music contents and related goods such as physical albums, concert tickets, and other merchandise will be distributed through EnterPlus, an online shopping mall linked with MQL.
EnterPlus Website: https://enterplus.net/
MusicQ MusicQ is an application that is an innovative platform where music meets social media. MusicQ enables users to share their favorite music playlists across streaming platforms, currently between Spotify and Apple Music. Users can discover music, create playlists, and discuss & vote together. Music rooms are available for users to create UGC (user-generated content) involving DJs, curators, and many more interactive events through such features. MusicQ was first launched in March 2021 in the Android version and expanded release territory, releasing in 10 more countries worldwide. IOS version is in beta-testing and will be soon released towards the end of 2021. MusicQ Website: https://musicq.site/
Project Type
Utility Token: Token Description: MiraQle (MQL) has a unique economy in that it can be used across multiple entertainment platforms.
Token Usage: The global music market itself is the future platform for MQL circulation. "Planning-ProductionDistribution-Consumption" are the core components of the differentiated ecosystem model prepared with all stages of the music platform.
FanPick : All voting processes require spending MQL. Each fan vote transaction data(from purchase to voting on an artist/collaboration album concept) is stored on the blockchain. Fans are rewarded based on their support and involvement in projects, as well as MQL rewards.
NFT: MQL is used for purchasing, staking, funding, and collateral securities.
MusicQ: Creating premium playlist/room, buying premium playlist/room, and sponsoring DJ, celebrity activities require the use of MQL. Another way around users/celebrities is rewarded for sharing the best music playlist based on users' popularity.
EnterPlus: All the EnterPlus products can be paid for with MQL. (Additional discounts and rewards provided).
MQL was first tradable on 31st Aug, 2020. It has a total supply of 2,000,000,000. As of right now MQL has a market capitalization of USD $154,237.77. The current price of MQL is $0.0000771 and is ranked 3388 on Coinmarketcap and has recently surged 59.25 percent at the time of writing.
MQL has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying USDT from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MQL.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
- Gate.io
But we are not done yet, since MQL is an altcoin we need to transfer our USDT to an exchange that MQL can be traded, here we will use Gate.io as our exchange. Gate.io is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.
Step 4: Deposit USDT to exchange
Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.
If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'USDT address', this is a unique public address of your USDT wallet at Gate.io and you can receive USDT by giving this address to the person to send you the funds. Since we are now transferring our previously bought USDT on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.
Now head back to UpHold, go to the Transact screen and click on USDT on the "From" field, choose the amount you wan to send and on the "To" field choose USDT under "Crypto Network", then click "Preview withdraw".
On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.
After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to Gate.io!
Now go back to Gate.io and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.
You should receive a confirmation notification from Gate.io once your USDT has arrived. And you are now finally ready to purchase MQL!
Step 5: Trade MQL
Go back to Gate.io, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.
In the right column there is a search bar, now make sure "USDT" is selected as we are trading USDT to altcoin pair. Click on it and type in "MQL", you should see MQL/USDT, select that pair and you should see a price chart of MQL/USDT in the middle of the page.
Below there is a box with a green button that says "Buy MQL", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your USDT deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy MQL". Voila! You have finally bought MQL!
Last Step: Store MQL securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your MQL for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Frequently Asked Questions
Can I buy MQL with cash?
There is no direct way to buy MQL with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy MQL in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy MQL or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.