What is Maker (MKR)?
Maker is one the biggest and longest-standing DeFi protocols that run on the Ethereum blockchain. It is designed to offer a stable, decentralized, and scalable platform for borrowing and lending digital assets. Maker was introduced in 2014 by Rune Christensen, and had a highly successful fundraising campaign in 2017 that attracted $12 million from the likes of Andreessen Horowitz. Since then, it has grown to become one of the most popular DeFi protocols, with the current TVL of over $7.54 billion. The highest TVL of Maker was approximately $20 billion.
How Maker (MKR) Works
Maker's core product is the DAI stablecoin, which is the first stablecoin in the world and it is pegged to the value of the US dollar. Users can lock their digital assets as collateral and mint DAI in exchange. This creates a demand for DAI, which helps to maintain its stability. The Maker protocol uses a system of smart contracts to automate the process of generating and redeeming DAI. The system is governed by MKR token holders, who vote on proposals that determine the direction of the protocol.
The Maker protocol operates on a collateralized debt position (CDP) system, which allows users to lock up their digital assets and borrow DAI against them. The amount of DAI that can be borrowed is determined by the value of the collateral. If the value of the collateral falls below a certain level, the system automatically liquidates the CDP and sells the collateral to pay off the debt.
How Many Maker (MKR) Tokens Are in Circulation?
MKR is the governance token of the Maker protocol. Holders of MKR have the right to vote on proposals that determine the direction of the protocol. There are 1,005,577 MKR tokens in total supply, and the circulating supply is 977,631.
How to Buy Maker (MKR)
Consider investing in Maker (MKR)? It only takes 2 minutes to create an account on Bitget and start trading MKR.
Check out the available MKR trading pairs on Bitget!
Futures market
Spot market
Maker (MKR) Resources
Simple 3-step guide to buying MKR today in Niger
Create your free Bitget account
Select a funding method
Complete your Maker purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Maker using a payment method of your choice:
Buy Maker with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Maker order.How to buy crypto with credit/debit cardBuy Maker with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Maker is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Maker order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Maker order.Buy Maker with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Maker order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Maker in your Bitget spot wallet

Bitget—where the world trades Maker
How to buy Maker for free
- Learn how to earn Maker for free through the Learn2Earn promotion
- Earn free Maker by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Maker airdrops by joining On-going challenges and promotions

Buy Maker
Buy other cryptos
Buy Maker in a different country

FAQ
Can I buy $1 worth of Maker?
Can I buy $10 of Maker?
Where else can I buy Maker?
Where is the best place to buy Maker?
Should I buy Maker right now?
A landlocked nation in West Africa, Niger is formally known as the Republic of Niger. It is a unitary state that is bordered to the northeast by Libya, to the east by Chad, to the east by Nigeria, to the southwest by Benin and Burkina Faso, to the west by Mali, and to the northwest by Algeria. There are 26,206,007 people living in Niger as of the year 2022, and the CFA franc is the country's official currency. Using P2P trading and other crypto deposits, you may buy Maker(MKR) and other cryptocurrencies on the Bitget platform in a matter of minutes.
French and English are Niger's official languages. Both the Bitget app and website are accessible using these languages.
Niamey, Maradi, Zinder, and other lovely cities may be found in Niger. Bitget will be available to provide you with a seamless trading experience wherever you are in Niger.
Desert weather prevails in the north, semi-desert weather prevails in the middle, and semi-arid savanna weather prevails in the south of Niger. Sand dunes and desert plains make up the bulk of the landscape. Large plains and hills can also be found in the south and north, respectively. Tropical weather prevails in the deep south, close to the Niger River Basin's borders. Using Bitget exchange, you can trade cryptocurrency whether you are in Niamey, Maradi, or Zinder.
The Republic of Niger celebrates its independence from France in 1960 on August 3 with Independence Day. Since 1975, it has also been Arbor Day, with trees being planted all around the country to help prevent desertification. There are numerous beautiful places to visit in Niger, including the Lotus Spa, Grand Marché, Niamey Grand Mosque, Ferme Youyou, and National Museum of Niger (Musée National du Niger).