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How to Buy Maker (MKR)

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Maker (MKR) is the main utility and governance token for the decentralized lending platform, Maker. Maker is an Ethereum based decentralized autonomous organization (DAO) that allows anyone to lend and borrow cryptocurrency without credit checks. The network combines advanced smart contracts with a uniquely pegged stablecoin to accomplish this task. To learn more visit our Investing in Maker guide.

We list the top 5 exchanges that offer the ability to buy Maker (MKR) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).

Uphold

Uphold is a commission-free desktop and mobile trading platform that gives you access to, and the opportunity to trade Maker (MKR) and dozens of other cryptocurrencies. They have been in operation since 2014 and now boast a very credible reputation with more than 1.5 million users worldwide.

One of the most unique features offered by the company is that you can trade directly across asset classes. This vastly improves efficiency and allows for you to avoid any unnecessary conversion fees. So, if you want to trade Bitcoin for gold, or vice versa, Uphold is the place you can do that.

The services spread on Maker (MKR) and other cryptocurrency ranges from 0.8% to 1.2% depending on the asset. This is the only fee you will have to think about though with Uphold being completely transparent and charging no commission.

UK & European residents are prohibited.

For the full lowdown, see our Uphold review or visit Uphold to get started now.

Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.

Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Maker (MKR) here is that you benefit from the lower exchange fees than competing exchanges, and the increased liquidity enables you to buy and sell quickly to take advantage of market moving news.

This exchange is best for Australia, Canada, Singapore, UK & international users. USA residents are prohibited from buying MKR.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

Coinbase

Coinbase is a publicly traded crypto exchange listed on the NASDAQ.  It is one of the most widely used exchanges in the United States and accepts clients from 100+ countries including Australia, Canada, Singapore, and the UK.

Over 460 billion dollars in volume has been traded by over 70 million users at Coinbase. Security is a paramount feature with 98% of customer funds being stored in secure offline storage. The platform is simple to use and is available on desktop, Android, and iOS, offering trading opportunities in over 140 cryptocurrencies including Maker (MKR).

This exchange currently accepts USA residents excluding Hawaii.

Read our Coinbase Review or visit Coinbase.

Gate.io

Established in 2013, Gate.io has grown in to a reputable trading platform.  While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including Maker (MKR), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.

This exchange currently accepts USA residents excluding New York and Washington State.

Read our Gate.io Review or visit Gate.io

Kraken

Kraken is one of the longstanding names when it comes to cryptocurrency exchanges operating in the industry.

From humble beginnings, they have now gone on to become one of the most recognizable names in the space offering an extensive selection of assets to trade including Maker (MKR).

The trading costs are competitive with other exchanges and they have continued to evolve now offering both futures and margin trading.

Residents of the USA are prohibited from buying MKR.

Read our Kraken Review or visit Kraken.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.

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This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

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