Where and how to buy Maker in Burkina Faso
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Maker order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
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
Step 4:Monitor Maker in your Bitget spot account
Alternative methods to obtain Maker in Burkina Faso
Convert crypto to Maker with Bitget Convert
Swap on-chain assets to Maker with Bitget Swap
Methods to obtain Maker for free
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What can you do with Maker?
Store/Hold Maker
Many users hold on to their Maker with the expectation of it increasing in value. You can store your MKR safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Maker
You can trade Maker for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Maker trading to meet your needs.
Send Maker
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Maker online and send to anyone and anywhere with their Maker address.
Spend Maker
You can also buy goods and services with your Maker. More and more vendors and retailers accept Maker every day.
Donate Maker
Bitget Charity accepts Maker donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Maker so no one misses out on the growth made possible by blockchain.
Learn More About Maker
You can read more in-depth articles on Maker from Bitget Research and study how cryptocurrencies like Maker work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Maker
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
Buy Maker in Burkina Faso with Bitget
How to safely store your Maker
- Sign up and transfer MKR to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your MKR.
How to withdraw Maker with Bitget's hassle-free withdrawal process
Burkina Faso is a landlocked country in West Africa that is surrounded by Mali, Niger, Benin, Togo, Ghana, and the Ivory Coast. The country takes up 274,200 km2 in total area and has a population of 22 million. French is the official language and West African CFA franc (XOF) is accepted as the currency of the country. The biggest city and the capital is Ouagadougou, which is the home to about 2.4 million people.
The landscape of Burkina Faso primarily consists of peneplain and sandstone massif. This is a great precondition for elephants, lions, leopards, and buffaloes to live. The W National Park, the Arly Wildlife Reserve, the Mare aux Hippopotames, and the Léraba-Comoé Classified Forest and Partial Reserve of Wildlife are four national parks of Burkina Faso where you can watch the glorious wildlife. Besides, Ouagadougou Cathedral, Grande Mosquée de Bobo-Dioulasso, and Cascades de Karfiguela are some sites worth visiting too.
When in Burkina Faso, you can trade Maker(MKR) and other cryptocurrencies with the Bitget exchange. It offers a wide variety of secure payment methods to make trading more convenient, such as P2P trading, crypto deposits, Apple Pay, Google Pay, and different credit card services.
MKR to local currency
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