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<h2>What is Maker (MKR)?</h2>




The Maker (MKR) cryptocurrency is a digital token of the Maker project. This project was created on the Ethereum platform. The main goal of Maker is to create a line of decentralized digital assets that will be tied to the value of real financial instruments, such as currency, gold, etc.







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Based on this platform, it is planned to create an exchange system on which it would be possible to carry out the margin trading of tokens using the ERC20 protocol.









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MKR is the second Maker token, the first one is Dai token.



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MKR features on the MakerDAO platform:




 

<ul>
<li>Currency unit. Transaction fees as well as commissions for the redemption of a pledge are paid by MKR tokens;</li>
<li>Token management. MKR users make global decisions on the fate of the platform. The more coins are on the account, the more powerful the vote of a shareholder is;</li>
<li>Means of recapitalization. Considering that the platform operation depends on users actions, the possibility of errors and incorrectly executed transactions is rather high. But if, due to this, extra currency is charged from the balance of the system, the platform will automatically begin to generate new tokens in order to make up for the deficit.</li>
</ul>
<h2>Where did Maker come from?</h2>



The MKR cryptocurrency appeared in 2015 as a utility token with a management function. The Maker project team has about 50 people, many of them are developers with extensive experience in cryptocurrency projects. The team consists of young and promising developers from around the world:



 

<ul>
<li>Rune Christensen is the CEO and Founder. He graduated from the Copenhagen Business School and the University of Copenhagen, Department of Biochemistry. He is also a co-founder of TRY China, an international recruiting company.</li>
<li>Andy Milenius is the CTO. Previously worked as a software engineer at DappHub. Also worked as a developer at Amazon. Graduated from the University of Michigan, Department of Computer Science.</li>
<li>Steven Becker is the President and COO. He has an extensive investment experience and has created several successful venture capital funds. He worked as the main trader in the largest bank PGS Investment Bank. He graduated from the University of Cape Town with a Master&rsquo;s of Mathematics degree.</li>
<li>Soren Peter Nielsen is the head of product. Experienced engineer and software developer. He was educated at the Technical University of Denmark. He has a master degree in chemical sciences. Worked as a lead architect at IoT Systems.</li>
</ul>
 

<h2>What are the advantages of MKR?</h2>




<ul>
<li>Freedom of action in financial transactions.</li>
<li>Transactions can be concluded around the world without reference to geographical and political borders.</li>
<li>Cost savings due to the lack of numerous tax fees.</li>
<li>Government non-interference in the financial affairs of cryptocurrency users.</li>
</ul>
<h2>What are the disadvantages of MKR?

</h2>
<ul>
<li>The cost of MKR is highly dependent on the Ethereum platform. The MKR price always falls after the ETH price. In addition, technical failures in the Ethereum blockchain could ruin the work of MakerDAO.</li>
<li>If by the level of market capitalization Maker is in the Top 20, then by liquidity it does not get even in the Top 30. The daily trading turnover is $1.7 million, and this is a very low indicator compared to other altcoins.</li>
</ul>
<h2>How to buy Maker?</h2>



MKR is still under development, but the ability to make decisions and influence investments are very important feature of this token. If you decide to buy MKR cryptocurrency, the affordable way to do it is to use the SimpleSwap service and follow the instructions below:



<ul>
<li>Choose the currency you want to exchange (e.g. BTC) in the first drop-down list. Enter the amount you would like to swap.</li>
<li>Select MKR in the second drop-down list. You will see the estimated amount that you will receive after the exchange.</li>
<li>Enter the Recipient's Address. Maker will be sent to this address. Be careful and make sure you use the correct address.</li>
<li>Check all the information you have entered. If everything is correct click the Exchange button.</li>
<li>You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange.</li>
</ul>
Using SimpleSwap, the most convenient and reliable service, you save your time because registration is not required here and transactions are processed instantly.
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Maker (MKR) is a digital currency of the Maker project, which is based on the Ethereum blockchain and seeks to create a series of decentralized tokens tied to the fiat money value. Buying MKR allows customers to participate in the future of the project. Namely, investors have the opportunity to vote and make decisions on the proposed development vectors.

Maker

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Icon

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Telcoin

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Oasis Network

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Enjin Coin

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Decentraland

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Decred

MOBOX

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Theta Fuel

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Zilliqa

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DODO

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SKALE Network

BakeryToken

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Revain

Celer Network (CELR) is a token based on the Ethereum platform with ERC-20 standard. It is used as remuneration for users in PoLC mechanism. The platform has a great team with a lot of work experience in different start-ups, and with such technological giants as Amazon and Google.

Celer Network

Qtum (QTUM) is a cryptocurrency of a platform that combines the properties of Ethereum and Bitcoin blockchains. Namely Qtum blockchain mixes the proof-of-work consensus and the smart contracts technology. Applications running on the Qtum platform are stored in the database as transactions on the blockchain.

QTUM

WazirX (WRX) is a utility token that underpins the WazirX ecosystem. The WRX token is issued on the Binance blockchain. Holders of WRX tokens will be rewarded with various benefits on the WazirX exchange - a discount on trading commission (unlocking and obtaining a WRX token by placing trades), a discount on margin trading, and more.

WazirX

Bitcoin Gold (BTG) is a hardfork of Bitcoin separated in October 2017. The main purpose of Bitcoin Gold is decentralization of network and mining. The algorithm, on the basis of which the system operates, is based on hashing and is adapted to mining on GPU devices. The system is completely protected from repeated transactions.

Bitcoin Gold

Yearn.finance (YFI) is a native token of the yEarn Finance project (formerly known as iEarn Finance) which was launched on July 17, 2020. Token holders have the right to vote on upcoming network management decisions, such as the possible ending of an entirely new token distribution. YFI Creator, Andrey Cronje stated that the token has no intrinsic value.

Maker (MKR)

Precio (USD) en vivo de Maker, Cap de Mercado y Suministro

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