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How to buy cryptocurrency and store it safely?
Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.
Why buy MKR with OKX?
How do I buy MKR?
If you own crypto, you can easily trade it for MKR via OKEx’s trading platform. Currently, we support MKR/USDT, MKR/BTC and MKR/ETH trading pairs to buy MKR. If you do not own crypto, you can also use the buy options on this page to purchase MKR. We support 30+ fiat currencies and payment methods such as debit cards to help you easily buy MKR.
Why should I buy MKR on OKEx?
OKEx is one of the biggest cryptocurrency exchanges where you can buy MKR. With high liquidity and fair fees, we ensure that your MKR buying experience is smooth and seamless. MKR holders can also start earning interest on their tokens via the OKEx Earn platform. This service has multiple offers to choose from, with fixed and flexible staking mechanisms.
Can I buy MKR with a credit card?
Yes, we support major credit cards like Visa and Mastercard for MKR transactions. You can choose the credit card option as a mode of payment to by MKR right here on this page.
How do I get MKR with ETH or BTC?
We offer both BTC and ETH trading pairs with MKR. If you already own ETH or BTC, deposit your tokens to your wallet. You can then use the spot trading platform to trade it for MKR within a couple of minutes.
Can I buy MKR and withdraw it instantly?
All assets on OKEx can be instantly withdrawn, depending on the network congestion for that particular blockchain. Thus, buying MKR and withdrawing it is simple and straightforward on OKEx. You can also choose to trade MKR against other top cryptocurrencies on our highly liquid markets.
Want to learn more before you buy MKR?
Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.