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Maker Price in India (MKR)

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MKR to INR Converter

As per last price at 00:00:00, 01/01/70

INR

MKR

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MKR Performance

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MKR Market Information

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MKR Price Today

The live price of Maker is ₹ 0 per (MKR / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. MKR to INR price is updated in real-time. Maker is +0% in the last 24 hours with a circulating supply of .

About Maker (MKR)

What is Maker ?

Maker token, a creation of MakerDAO, was launched as a governance token for the DAI system and to support the stability of the DAI token. Holders of MKR have the right to draft decisions on the future of the system. To maintain the stability of the DAI coin, a Maker token is used, which prevents fluctuations in price.

About Maker Token 

Rune Christensen – a developer and entrepreneur, is regarded as the founder of MakerDAO. Launched in August 2015 by the founding team, the role of the MKR token was to act as a governance token. Synapse Capital, Polychain Capital, and Andreessen Horowitz are some of the venture capitalists that have invested in Maker DAO.

Primary features of Maker

  • Maker token is an ERC-20 token that is constructed using Ethereum’s protocols.
  • It has a market capitalization of more than $3 Billion.
  • The value of Maker tokens appreciates based on the success of the DAI stablecoin.
  • MKR token is the governance token of Maker Platform that works on the Ethereum blockchain.

Is Maker a promising cryptocurrency?

Maker (MKR) is designed to provide voting rights to the people holding tokens. If you are looking to buy a Maker token, then you can check for third-party cryptocurrency exchanges like Coinswitch Kuber.

How to use Maker?

Maker tokens ensure voting rights and stability of DAI tokens. You can use Maker (MKR) in the following ways:

  • Voting Rights: Earn Maker tokens by voting on the changes for the Maker Platform. 
  • International Transfers: Maker tokens could be transferred easily to family and friends.
  • Online Payments: Maker tokens are accepted at stores worldwide.
  • Investment: Maker token has shown good returns in the past years that makes it a good investment.

Pros & Cons of Maker

Pros

  • Community Governance: Maker tokens provide voting rights to people to participate in the ecosystem.
  • Mining Free: The Maker tokens are dependent on DAI price fluctuations.
  • Collateralized Debt Position: The holders of MKR have a say in the addition of CDP to the platform.
  • Transparency: The Maker token offers transparency and a good level of security.

Cons

  • Asset value: The value of the Maker token fluctuates.
  • Slow-development: New features could take some time to come into effect.

Trade Maker on CoinSwitch kuber

  • You can start investments and trade with just Rs.100.
  • Allows instant withdrawal and deposit directly to bank accounts. 
  • Trade-in Maker (MKR) at zero fees.
  • Intuitive and straightforward UI.
  • Easily track your transactions and manage your portfolio.

Maker ICO summary

MakerDAO didn’t run an ICO for Maker tokens and released 1 million tokens that could be created or destroyed depending on circumstances. Maker tokens could be purchased on coin exchanges, or you can earn them by voting on the platform.

FAQs

1. How do I buy Maker?

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To buy Maker, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Maker.

Step 3:

Once you find Maker and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Maker?

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The price of 1 Maker is ₹0.

Note: Maker prices are subject to change in the future based on market trends.

3. What is the price of Maker today?

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The current price of 1 Maker is ₹0.

Note: Maker prices are subject to change in the future based on market trends.

4. Can I buy Maker for ₹100?

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Yes! You can buy Maker for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Maker in rupees?

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The current value of 1 MKR is ₹0.

6. What is the current trend in Maker?

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MKR has been NaN% in the last 24 hours.

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MKR to INR Converter

As per last price at 00:00:00, 01/01/70

INR

MKR

TRADE MKR NOW

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