How to buy Maker

MKR

The Maker Protocol is one of the largest dapps on the Ethereum blockchain, and the first decentralized finance (DeFi) application to see significant adoption. The Maker Protocol is managed by people around the world who hold its governance token, MKR. MKR is an Ethereum token described as a utility token, governance token, and recapitalization resource of the Maker system. The purpose of the Maker system is to generate another Ethereum token, called DAI, that seeks to trade on exchanges at a value of exactly US$1.00. You can buy and sell MKR for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade MKR for BTC the same way you trade CAD for USD. You can also trade MKR to CAD based on the MKR price. To learn how to buy Maker / MKR, scroll down to see how to buy Maker.

Rune Christensen is the founder & CEO at MakerDAO. Designed by a group of contributors, including developers within the Maker Foundation, its outside partners, and other persons and entities, the Maker Protocol is the first decentralized finance (DeFi) application to see significant adoption. The Maker Protocol is managed by people around the world who hold its governance token, MKR.

You may want to consider buying MKR if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Take part in governing MakerDAO and the Maker protocol

Gain interest/more cryptocurrency by depositing into the Maker liquidity pool

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Maker (MKR)

All prices are in USD.

How to buy Maker

MKR

The Maker Protocol is one of the largest dapps on the Ethereum blockchain, and the first decentralized finance (DeFi) application to see significant adoption. The Maker Protocol is managed by people around the world who hold its governance token, MKR. MKR is an Ethereum token described as a utility token, governance token, and recapitalization resource of the Maker system. The purpose of the Maker system is to generate another Ethereum token, called DAI, that seeks to trade on exchanges at a value of exactly US$1.00. You can buy and sell MKR for any major cryptocurrency, like BTC, ETH, and XRP or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade MKR for BTC the same way you trade CAD for USD. You can also trade MKR to CAD based on the MKR price. To learn how to buy Maker / MKR, scroll down to see how to buy Maker.

Here’s how to buy Maker on Quick Trade

Buying Maker is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Maker, which trades as MKR. Based on when you think you can get a good MKR price, you should be able to trade MKR to CAD.

To buy Maker, simply follow these steps:

1

Sign up for a Quick Trade account and verify your identity

This is the first step to buying MKR. Verifying your identity helps us to properly connect your funds to your account.

2

Fund your account with Canadian Dollars

Funding is like putting gas into a car – it helps you get where you want to go.

3

After funding, select MKR from the list on the trade section

Quick Trade lets you trade MKR without leaving the app. You can also check the Maker stock price and convert MKR to CAD on the platform.

4

Select a currency you’ve funded and use it to check the MKR price

In the Quick Trade app, all currencies available to trade can be found in the drop down list.

5

Buy MKR

Congratulations! You’re now the proud owner of MKR. You can either HODL or use it to exchange MKR to CAD. To the moon!

Rune Christensen is the founder & CEO at MakerDAO. Designed by a group of contributors, including developers within the Maker Foundation, its outside partners, and other persons and entities, the Maker Protocol is the first decentralized finance (DeFi) application to see significant adoption. The Maker Protocol is managed by people around the world who hold its governance token, MKR.

You may want to consider buying MKR if you would like to:

Diversify your portfolio by introducing a variety of cryptocurrency assets

Take part in governing MakerDAO and the Maker protocol

Gain interest/more cryptocurrency by depositing into the Maker liquidity pool

Exchange it for cryptocurrencies such as Bitcoin to buy and sell goods online

Where do I keep my MKR?

At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.

Ready to add MKR to your portfolio?

Create your account, fund it with spare change and get a little bit of MKR.

Sign Up & Buy MKR

Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.