Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Digital currencies are very high risk. Do not invest money you can’t afford to lose. Please consider the suitability of crypto for your individual position before trading.
Maker is a smart contract lending platform; MKR is the governance token supporting it.
MKR holders govern the Maker Protocol, the smart contracts that power DAI.
What’s DAI? That’s an Ethereum-based, dollar-pegged stablecoin.
How DAI connects with MKR (and vice versa) can be confusing.
The DAI token is the lifeblood of the lending platform MakerDAO. MakerDAO issues DAI, on the Ethereum blockchain, through a system of smart contracts designed to respond to market dynamics. The MakerDAO lending system makes loans – collateralised debt structures –that rely on DAI to lock in collateral.
How to buy Maker (MKR)
With Uphold, you can set up an account, verify your identity and buy crypto with ease.
Here is how:
1. Go to Uphold.com and click ‘Sign up’
2. Enter your email address, phone number and your personal details
3. Tell us how you plan to use Uphold and provide some basic financial information (e.g., employment status and source of funds)
4. Verify your identity by providing an ID document and taking a ‘selfie’
… and you’re off to the races!
Just start trading.
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