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Buy MKR in a few steps

Buy MKR in a few steps

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What is MKR

Launched in December 2017, Maker is the governance token for the Maker Protocol, which manages the DAI stablecoin on the Ethereum blockchain. Maker and DAI are issued by the MakerDAO, one of the earliest decentralized finance projects.


Unlike traditional stablecoins, DAI is pegged to the dollar but is backed by MKR. The Protocol employs smart contracts to regulate the MKR token supply such that it is automatically issued or burned to keep DAI’s price stable.


By holding MKR, users can participate in the voting on the Maker Protocol, for which they subsequently earn rewards. MKR holders actively influence the management of DAI, interest rates, asset pairs offered on the platform, and so on.

How to buy MKR?

Why buy MKR with OKX?

Buy MKR in a few steps

Simple

OKX makes it easy to buy MKR with a user-friendly interface
Buy MKR in a few steps

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Maker
Buy MKR in a few steps

Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history

What can I do after I buy MKR?

Maker Protocol manages DAI, the fifth-largest stablecoin by market capitalization. MKR tokens allow holders to participate in the DAI governance and vote on proposals. You can be a part of one of the largest stablecoin projects and benefit from its growth by holding Maker.


OKX also lists Maker for trading with top cryptocurrencies such as BTC, ETH and USDT. You can use our user-friendly trading platform to trade hundreds of crypto assets easily. The following are several important uses of Maker for trading enthusiasts and beginners.


HODL Maker as a store of value

Securely store MKR in your OKX wallet for the long-term if you see MKR as a long-term investment.


Buy other cryptocurrencies with Maker

Grow your crypto portfolio by purchasing top crypto assets like BTC, ETH, and USDT with MKR using OKX spot trading pairs.


Earn high APY on your MKR tokens

You can stake your MKR tokens in our flexible and low-risk staking pools on OKX Earn to start earning interest on your MKR investment.


Use MKR as collateral

Provide MKR as collateral on the OKX loan page to secure low-interest and flexible crypto loans.


How to buy MKR and store it safely?

Guide on how to buy Maker (MKR)

Buy MKR with VISA or MasterCard credit cards

Buy MKR with your VISA, MasterCard, or ApplePay credit cards on OKX. Simply enter the amount of MKR you wish to purchase in your preferred currency and complete payment using your desired credit card.


Purchase MKR with your bank account balance

Instantly buy USDT, USDC, BTC, or ETH by sending money from your bank account. Once the transaction is complete, visit our trading terminal and buy MKR with any of our highly liquid MKR pairs.


Trade MKR with BTC, USDT or ETH at the spot market rate

If you have BTC, USDT, or ETH in your OKX wallet, you can easily swap any of these assets for MKR using our OKX spot trading feature.


Go to the OKX spot trading window, select your preferred MKR trading pair, and input the amount of crypto you want to spend on your MKR purchase to acquire MKR at the spot market rate.


Buy MKR against BTC, USDT, or ETH at your set price

With OKX, you can purchase MKR with BTC, USDT, or ETH at your desired price using our limit order option.


Pick your preferred MKR trading pair from the OKX trading terminal, and select "Limit" from the top of the buy section. Now, specify the rate you want to purchase MKR and tap on the "Buy MKR" button to submit your order.


Your limit order trade will only be processed when the MKR price reaches your set price.


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FAQ
  • How do I buy Maker?
  • Why should I buy Maker on OKX?
  • Can I buy Maker with a credit card?
  • How do I get Maker with ETH or BTC?
  • Can I buy Maker and withdraw it instantly?
  • What are the most popular cryptocurrencies to invest in today?
  • What are the top cryptocurrencies I can buy on OKX now?

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.