How to Buy Maker (MKR)
Learn all about Buy Maker
Price of Maker Today (24h)$1,179
-1.83%Maker (MKR) a cryptocurrency based on the bnb, is currently attracting significant interest in the crypto market. As the Maker ecosystem expands, it has established a notable presence within the near-protocol-ecosystem sector. More and more people are becoming interested in Maker. They wish to invest or purchase Maker (MKR), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Maker. Regardless of your location, Bitrue can provide you with a simple and secure way to buy MKR.
Where and how to buy Maker
When it comes to purchasing Maker (MKR), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Maker in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased MKR will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Maker (MKR) through Bitrue.
Steps to Buy Maker (MKR)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy Maker (MKR)
Buy Maker through Spot Markets
- Note: Currently, the most popular Maker spot trading pairs include MKR/USDT and MKR/USDC. Before purchasing Maker (MKR) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Maker (MKR) from the list of cryptocurrencies.
- 3. Enter the quantity of MKR you want to purchase, either at the market price or set a target price for buying Maker.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Maker (MKR), users can only deposit MKR assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports MKR trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased Maker assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Maker cryptocurrency wallet.
- Note: If you have not received your Maker (MKR), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire Maker
Apart from directly buying Maker (MKR), what are the alternative methods to acquire Maker ?
Fixed Auto-Investment in MKR
Regularly invest a fixed amount at scheduled intervals in Maker (MKR) digital assets, enjoying both short-term returns and long-term benefits.
Staking MKR
Flexible staking of Maker (MKR) digital assets to earn interest or high returns in other cryptocurrencies.
Get Maker (MKR) for free
If you have enough time, you can obtain Maker for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Maker (MKR).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Maker.
- All cryptocurrency airdrops and rewards can be exchanged for MKR through coin-to-coin exchange or spot trading.
How to keep your Maker safe and secure
Once you have purchased Maker, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Maker and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Maker wallets, you also have the option to store Maker (MKR) separately in a personal encrypted wallet. This wallet serves to keep your Maker secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Maker, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Maker encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying Maker (MKR)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Maker.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your Maker assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Maker.
Get MKR with Bitrue
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Some market stats about MKR
Price Analysis
MKRMaker Price Now:
$1,179-1%24H
Maker is falling this week.
The price of Maker has increased by 6.5% in the last 7 days. It has seen a -1.83% decrease in the past 24 hours and a 0.25% increase in just the last hour. The current price is $1,179 per MKR. Maker is dropped -78.76% from its all-time high of $5,552.3.
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Calculate the Returns on Your Maker Investment
How much profit would I have if I bought $ worth of Maker in ?
CalculateReturns based on the average Maker price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
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FAQ About Buy Crypto
What is Maker?
Maker (MKR) is a cryptocurrency and operates on the Ethereum platform. Maker has a current supply of 991,328.38195493. The last known price of Maker is 3,163.5625742 USD and is up 8.48 over the last 24 hours. It is currently trading on 202 active market(s) with $775,449,599.14 traded over the last 24 hours. More information can be found at https://makerdao.com/.
Where is the preferred place to buy Maker?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase MKR.
Should I buy Maker?
Deciding whether to buy Maker depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Maker investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Maker (MKR) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Maker?
Generally, buying Maker digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 MKR?
To purchase 10 MKR, the cost in USD would be $11790.
What are the fees for buying Maker?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy MKR?
Currently, Bitrue does not support purchasing MKR or adding fiat currency using Apple Pay.
How to use Paypal to buy MKR?
Currently, Bitrue does not support purchasing MKR or adding fiat currency using Paypal.
How to sell my Maker?
If your Bitrue wallet does not hold Maker, you need to deposit MKR into your Bitrue account. If you already have MKR, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of MKR you want to sell, select the selling price, confirm the sell order, and once your MKR is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Maker (MKR) worth 1 US dollar?
In theory, Maker (MKR) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for MKR is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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