Maker (MKR) is the governance token of the MakerDAO and Maker Protocol, which are both decentralized organizations and software platforms based on the Ethereum blockchain. Maker allows users to create and control the DAI stable coin.
Maker was founded in 2015 by Rune Christensen, an entrepreneur from Denmark, and officially debuted in December 2017. Maker is a project tasked with running DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar.
MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in accordance with the success of DAI itself.
To learn more, check out the Marker's Whitepaper: https://makerdao.com/en/whitepaper/
Eager to buy Maker (MKR) but unsure how? No worries! Bitbuy is the simplest and most secure platform to buy MKR from. Bitbuy always ensures the lowest associated fees and highest security when buying, selling or trading cryptocurrency.
Investors can easily invest in Maker (MKR) by creating an account with Bitbuy, adding funds to their account directly through e-Transfer or bank wire and buying MKR directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is always here. Our customer success will ensure your investment journey is smooth sailing throughout.
Buying Maker (MKR) in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:
If at any point you need help signing up, verifying your account, adding funds, or buying and selling MKR, just contact customer support for same-day assistance.
Bitbuy is one of the best and most secure places to buy Maker (MKR) in Canada. Here is why:
Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy, it is crucial users know that their digital assets are is safe with us.
Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy Maker (MKR).
Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.
We pride ourselves in our exceptional customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone.
Interac e Transfer is the most popular way to pay online in Canada. Canadians want to buy MKR with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy MKR in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.
Looking for a place to store your MKR? Bitbuy is the perfect place to start. Bitbuy has a built in wallet in each user’s account that you can use to store your MKR safe and securely.
Website (instructions for the mobile app below)
When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To facilitate the trade, click the 'Sell' button which will appear in red.
Click the drop-down and search MKR to begin the sale.
Enter the amount of MKR that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.
Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.
Locate MKR and click on the 'Sell' button.
Enter the amount of MKR you wish to sell. The value of your sell will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!
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Quickly find the answers you need in our support centre, or contact a member of our team 24/7/365, and we'll be happy to assist you.
Bitbuy was designed for both new traders seeking a simple interface and for advanced traders who know their way around the crypto world. We understand that getting started with cryptocurrency can seem a little daunting and our goal is to make the process easier for you.