Markets / MKR
Step-by-step instructions on how to sell MKR for Canadian dollars or cryptocurrency.
Maker is a well-known cryptocurrency that trades using the ticker symbol MKR . Maker was founded on 2015-08-15. While Coinsquare does not support this token, it may be purchased on other trading platforms for any major cryptocurrency, like BTC, ETH, and XRP or fiat currency such as Canadian dollar, US dollar, and Euro. To learn how to sell Maker / MKR, scroll down to the “How to sell MKR section”.
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Most users who sell MKR do so for Bitcoin (BTC) or Ethereum (ETH). While you unfortunately cannot sell MKR directly on Coinsquare, you can sell it on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare cash out to fiat currency like Euro or Canadian dollar.
To sell Maker, simply follow these steps:
Sign up on an altcoin exchange and fund your account with Maker or load Maker into a Bitcoin ATM
Signing up on an altcoin exchange is the easiest way to sell MKR for Bitcoin or Ethereum, which means you’ll be able to cash out faster.
Sell Maker for Bitcoin or Ethereum
Bitcoin and Ethereum are the two of the most widely-accepted cryptocurrencies, so that should make it easier for you to access due to higher volume and liquidity.
Transfer your Bitcoin or Ethereum to Coinsquare after you sign up and verify your account
Fund your Coinsquare account by clicking "Fund" in the top menu and then following instructions for Bitcoin or Ethereum, whichever one you want to fund with.
Sell your Bitcoin or Ethereum for fiat currency, such as Euro or Canadian dollar, using Quick Trade
Quick Trade is on the left side of your Coinsquare dashboard. You can sell any cryptocurrency on our platform in three clicks.
Withdraw your Euro or Canadian dollar amount directly to your bank account from Coinsquare
You can do this by clicking "Withdraw" in the top bar menu on your dashboard then following the instructions.
You can also use Coinsquare’s Referral Program to earn Bitcoin for referring your friends to Coinsquare. You will be paid in Bitcoin directly to your Coinsquare account, meaning you can sell the BTC you earned for Euro or Canadian dollar, locking in any gains you have in your portfolio.Refer Your Friends
* The preceeding in no way is to be constituted as advice, promotion or endorsement of MKR by Coinsquare, its employees or any of its affiliates. Coinsquare takes no responsibility for any decision to buy/sell MKR nor does it endores or otherwise recommend the trading of MKR. Individuals are encouraged to research and make an informed decision before buying any crypto currency.